Markets will crash and rates are never going to be cut this year. KEK
>>529515226Seems legit
>>529515226I voted for that.
>>5295152262 more weeks.i´m looking forward when you start to memoryhole this
>>529515449https://www.ndtv.com/world-news/iran-news-iran-attacks-oil-tanker-passing-through-strait-of-hormuz-near-coast-of-oman-11153819
>>529515449>he doesn't know
>>529515226sure thing budnothing ever happens>b..but Iran-Israel warno one cares about sandniggers
>>529515449Honestly I'm already bored by all that.
>>529515226oh noooooooothat's really unfurtunate
>>529515226I'm unemployed, don't care.Goyims deserve it tho.
>>529515449Remember how the US spent a year attempting to defend the suez canal and failed?
>>529515226You retards don't understand how inflation works at all.I wouldn't even expect a regular European or American to understand, so it's definitive you sandniggers really don't understand.
>>529515690America needs to invade you before it's too late.
>>529515226We'll just seize some more Russian oil tankers.
>>529515226We didn't want that oil anyways.
>>529515939That is a Russian oil tanker
I have 4 shorts open on hyperliquid. We might be goyim but we can play the jewish game too. They have filled our countries with latin and african scum, let them work.
>>529515690You know that your proven reserves are supposed to last just 3 more years, right?
>>529515987Oh fu.....
>>529515226Magical how the US decided that a limited strike with no active ground forces would end this. Talk about fucking retarded.
>>529515226Is this good for bitcoin?
>>529516183Bitcoin has no use apart from speculation.Already lost half it's value since the last @highest and there are no signs it will return.
>>529516183If there's a recession then memecoins are going to become useless
The Palau-flagged products/chemical tanker SKYLIGHT (IMO 9330020) is US-sanctioned and is explicitly described by the US Treasury as part of an Iran sanctions-evasion “shadow fleet” network.So it is a sanctioned tanker that carries Iranian oil, so no doubt this is a Pissraeli or Murikan strike.
>>529515226>Iran has made it about oil now.There are easier ways to kill yourself.
>>529515226fantastic.
>>529516183>newsmaxThis feels like a shitpost.
>>529516183Bad.People will sell bitcoins to buy gasoline, or to pay rent after losing their job.And fewer people will have extra cash to buy bitcoin with.
>>529516183even our languages foundation is jewish because the base is yiddish. its time for you people to stop being stupid.
>>529515226Oof. Gas is already like $8 per gallon in Bongland.
>>529516025This is bullish for oil retard
I am going to buy stocks, if they crash a lot, I will buy a lot. To treat myself because.
And when nothing happens, will you admit you were wrong and be the better man or just memory hole everything?
>>529517075You don't know me, bro. I've made so much fucking money, kek. Yeah, it might be bullish for oil, so what. There are so many things to short. Trump is making me a millionnaire. Every friday, when he has a temper tantrum, oh boy, jesuschrist. I assume you don't even know what hyperliquid is if when I said short you just thought about oil.Shorting is way easier to long. What did your master said, Amerigoy? Your true leader? Epstein. Short and let the goyim deal with the real world kek. Thanks, Amerimutts. And don't forget to die for ISRAEL!
>>529516139They thought this would be a short conflict but it's going to spiral into a major war
>>529515844Don't corporations just take any hint of instability, true or not, as an opportunity to jack up prices and become more profitable than ever?
>>529516183Bitcoin is rallying right now. It's a good indication that markets will go up tonight.
Is the plan another """oil crisis""" where the price of oil increases but this is just a distraction from the central bankers turning the counterfeit money printer on overdrive (previously seen in 2020), causing the prices of everything to go up?
>>529515226based, ngl
>>529517897Good.
>>529515226>>529515275>>529518001Markets crashing will cause deflation because the big spenders will be broke.>>529515602This, lol.>>529518708That's because wars are a weekend thing only under Trump.
>>529518785The money printers haven't stopped being on overdrive since 2020.
fine guess we'll have to send a couple of ships with the french and the anglos to secure passage
>>529519098Deflation is a wet dream amongst people with savings that only happens with high productivity. No western nation makes shit anymore. You really think as they crank the printer into overdrive leaf bucks will be worth more versus constrained assets?
>>529518785always the same shit anon, the prices will go up because of a "Crisis" and then they will be called the "New Normal" so prices won't go down
>>529519168True, the central bankers really all belong to jail. >>529519584And we are not supposed to know that it's the central bankers fault, that they decreased the quality of the base money. If we knew, we would demand massive amounts of interest as a compensation, and this would stop the scam.
>>529515226THE FIRE RISESFOR WHOM THE BELL TOLLSTIME MARCHES ONFOR WHOM THE BELL TOLLS
>>529516058Norway just greenlighted building more oil derricks because of a new discovery.
>>529515226Literally not my problemPS: I wonder how many carcels will kill themselves over this
>>529515354>I voted for thatTrump EO for a military draft imminent. You're needed for the ground offensive. Lmao
>>529520012Some countries always discover new oil. Probably oil is not scarce and if you look for it carefully, you'll find it everywhere on earth.
>>529515226They’re going to be forced to raise rates when inflation gets out of control.
>>529515226They don't even have to close the strait, random attacks will drive insurance costs up making it uninsurable.
>>529515226>for EuropeEU only relies on petrol for roughly 30% of its energy mix.And only 20% of that comes from the Middle East within Iran's sphere of influence.It's a nothing-burger.Now- CHINA though. China has something like a 50% dependence on oil from that area.Iran might've just lost their biggest supporter.
>>529516784Iran deliberately smoked it to trigger the insurance companies.
>>529515226Market speculators aren’t worried. Oil is still at $67. Fake news.
>>529516025Shorts on...tankers? Or oil? Because if it's oil you are going to get wrecked.
>>529516784their command structure has disintegrated and nobody knows what they are doing so they sunk it by mistake
Nah, you’re overblowing this. Gasoline does have a heavy weight in the CPI, and it will affect headline inflation for a time, but the fed cares more about core inflation for less volatile goods when they set their rates. Long term inflationary effects of gasoline prices are relatively minimal.
>>529518001I would give you a genuine answer, but I want to know before I send it. Are you willing to actually learn something you've never thought about before and not react with emotion?
>>529521436Are you a hardcore monetarist who believes that inflation simply reflects changes in money supply? There are a few of those guys on /pol/.
>>529516183I would say that is possible. Anytime currency controls are implemented or there are cross currency buying opportunities of real assets, bitcoin is useful. For example, Iranian apparatchiks seeking to emigrate. Paying for or moving profits from the sale of contraband.
>>529517751I feel like I’m talking to an Indian who swing traded $700.
This is the generational crashout I was waiting for.
>>529521138If and when they destroy all oil tankers and oil facilities at ground takes least 10 years to come back to "normal".
>>529521436Ill hear what you have to say
>>529521786No, I'm using the contemporary definition (CPI).
>>529516334you don't understand the role of or value in a currency. I think the question is what impact the removal of Chinese access to Iranian oil will have on the Chinese economy and will it cause Chinese to shift assets into a more easily movable currency.
>>529521912Hey cut him some slack, that's a whole 5 years of salary for the little guy. He'll be king poo of his lower caste village.
Only REtards put their money in greasy auctions.
>>529516025You are so fucked
>>529517075However we are not hearing about strikes on refineries or terminals.
the brownoid standard of evidence is a 2x2px square of jpeg artifacts
I don't have a car and I bike to work, how does this effect me personally?
>Two more weeks!Source: Some random nobody on twitter
>>529522210Ack-tually is EVIDENTIARY PROOF that you all have SHIT ON YOUR VEINS!GOT THAT, KEK?
>>529515690yeah the STATE makes that money while your groceries are going to 2x again. >>529516183when things are unstable people take their money out of speculative assets and put them into safer ones, like gold.
>>529522404behold the most coherent brown poster
>>529515690except it is. higher oil prices means more oil money for politicians to spend and that means more niggers for us
>>529520465Meeh, could just as well hit any tanker that is not affiliated to Russia or Iran in any way. They do run with transponders and it is a target rich environment. This is obviously a Little Hat strike.
>>529515226>P-prepare you evil infidel!Oh no good thing we have all that sweet venezuelan oil
>>529515226Good.Finally Liberals get what they wanted.
First, you ruined my vacation in UAE and now you try to ruin my car trips around Europe too? REEEEE! Going to buy chinese electrocar.
>>529522516You read The Declaration of Independence, right? Y O U /R E D/ I T, Communist Scum.
>>529522809/threadThe right to REMAIJN IN SILENCE They have lost. Don't mention IT!
>>529515690KEK, this is what came to mind.
>>529521436Rhetorical and emotional bro. Enough of the "ends" have been witnessed, don't actually care about the means. Just want to watch it burn. Appreciate the offer though.
>>529521977I don't feel like typing a lot, but I'll quickly summarize.OP is worried that prices will go up simply because oil is more expensive. This completely ignores supply/demand. Assuming everyone's wages don't magically go up because oil is more expensive, that means everyone still has the same income and savings in their bank accounts.If gasoline prices go up, that means more of your disposable income is going towards gasoline, this means you have less disposable income for other goods and services. So, you spend more on gas and less on other goods. This is a net wash. Demand for other products will just go down. And like what one of the other posters said, if the stock market were to crash for some reason, that means less disposable money and a destruction of the "wealth effect". When people's real estate values or stock values collapse, not only do they a smaller networth, but the psychological effect causes them to stop spending money. Less vacations, less restaurant visits, etc. This causes a cascading effect. Money velocity get crushed, which puts downward pressure on CPI.As for the Federal Reserve and interest rates. The Fed barely does shit. They control the overnight rate between banks, but they have very little effect on long-term rates. If you see the US 10yr Treasury rate going up it's because the market sees growth and inflation increasing. If you see the same Treasury rate going down, the market is telling you they see slowing growth and lower inflation.The money the Fed "prints" doesn't enter the market the way people think it does, it stays in-between the banks. About 97% of currency in circulation comes from commercial banks making loans. It has nothing to do with the Fed. Also, there are no reserve requirements and fractional reserve lending isn't actually a real thing. When a bank makes a loan it's creating new money, it's not lending out 90% of someone else's deposits like the bullshit you were taught in school.
>>529522051It won’t have an effect on the Chinese economy. This chart shows their oil imports. Notice how neither Venezuela nor Iran make the list of big players. If anything China could benefit from inflationary prices since they’ve been battling deflation recently, but as I said in my other post, oil has a small longterm effect on inflation.
>>529523243>When a bank makes a loan it's creating new money, it's not lending out 90% of someone else's deposits like the bullshit you were taught in school.Almost everyone knows this these days. Most modern day is simply numbers in a database. The value is the trust that people have in the system and the fact that you can't type out numbers on a whim, well in most cases at least. I am aware that a very select few can add numbers as it pleases them.