Why is the economy not crashing?

I feel like a fusion of what these anons are saying is the truth.

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That's what I mean. Modern day working conditions don't reflect modern day capacities.
At least working from home is going to be a lot more common from now on.

the only interesting topic on biz, and all the talked about is the next scam coin.

>Brainlet

have you not noticed the trillions of dollars the federal reserve is printing? All that money is going into the stock market dumb dumb.

The markets are priced in USD so if more is printed and funnelled into the markets of course they will go up.

A depression like the 1930's is virtually impossible since the bankers can just print more money to prop up the markets. Holding cash is retarded, you are better off holding either bitcoin, precious metals, real estate or stocks.

Try measuring the price of stocks in ounces of gold and see how that fairs for you. The USD is not a measure of value anymore.

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Because money machine really does go brrr.

>I thought reckless money printing was supposed to cause a cascade of negative economic consequences.

It has, here is a copy pasta I made.

JP Morgan 'GOLD and SILVER is money, everything else is credit.'
Average Salaries in America priced in gold
average Salary 2020 america
$40000 / Price of gold USD 1,724.51 = 23. ounces of gold per year
Average wage 1920 america
$3,269.40 / Price of gold USD $20 = 163.47 ounces of gold per year

The Average America is only paid in gold 14% of what they were paid in 1920,
A 86% decrease in real salary.

If American's were paid as much gold as they were in 1920
The average salary would be $282803.1 USD per year.

Tell me again the benefits of a fiat monetary system?

The way things are going soon in order for the average goy to buy a house they are going to have to work 30-50 years paying off their mortgages.

A collapse of this evil system is the best case scenairo however what is more likely is a slow, drawn out decline into stagnation whilst the jewish central bankers take all our assets and sell our our countries and ethnically replace us with the brown hordes.

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Will the markets drop any time soon though? I sold before the covid drop and bought back in near the bottom. Thinking I should sell again now and buy back in during the next dip, but unsure if we have further upwards movement to come before the dip.

Pic is the economy rn. All you can do is to accelerate and eventually you will crash and burn. It's pretty kino desu.

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Ever heard of the federal reserve. It’s all inflated. It’s all fake paper wealth. Prices and cost of living skyrocketing. If you don’t own real wealth (gold and silver) before it collapses you will lose all your wealth in fake paper.

Gold is money.

Dollars are currency

If you don’t have money backing the currency this is what happens. Inflated prices and everyone becoming poorer. 20$ used to be a good weekly salary 100 years ago. Today 20$ doesn’t even buy you two jimmy johns sandwiches.

Jews

Wouldn't that also write off all our debt? So if someone has multiple houses/mortgages, wouldn't the collapse of paper wealth be a good thing?

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Yes. The play right now is to get into as much debt as you can afford to maintain and buy income producing assets. Then you can put the profits into gold, silver and bitcoin.

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I just can't believe this is sustainable in the long term.

These are likely the truth.
I guess the Trump administration is pulling all the stops to keep the economy safe so they can get 1 more term.
The wisest option is to wait until 2021. I will do that.

At some point we need to jump off the bus with a young Sandra Bullock before it crashes and explodes. Determining when that is, however, is the issue. I've begun transitioning everything I hold into metals and plan on being fully separated from stocks by the end of September. The October surprise this year may very well be another stock market black swan. Usually it's directed at a candidate, but Trump is bulletproof with the character attacks from the left, and Biden is a well known scumbag in his own right. The biggest victory Trump has had has been the market, and even the corona hoax couldn't completely destroy it for him. It's hanging on by a thread, so it's not outside the realm of possibility for another MSM/DNC coordinated attack on your portfolio to incite enough fear where normies will vote for Biden.

Tl;dr version: start stacking metals. If you can't afford gold, silver is perfectly fine.

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>Economics is not Zig Forums
>t. eco major trying to rationalize wasting 6 years doing esoteric with math

the economy is the bitch of politics in socialist liberal societies as dictatorships

>A depression like the 1930's is virtually impossible since the bankers can just print more money to prop up the markets.
But you can't just do that forever, consequence free right?
It has to crash at some point.

I will just continue waiting then.

Do you know what happen when a country print his way out of his debt ? To find it out, look at the caracas stock exchange stock index. You'll see.
Protip: you won't be richer investing in stocks. You'll lost purchasing power even if your portfolio have a astronomic nominal increase.
Personnaly I took a loan last year to buy physical gold & silver bullion + some miners stock. I bought canned food too.
It was a good decision.

as long as politics can sell it to the majority or just act authoritarian, ofc it can.
That's why should go back to

Going by your logic, gold and silver should get dumped hard right after the elections precisely because everyone thinking the same thing as you.
It should be well overvalued right now but you should sell before elections and buy the dump.

When gold goes 10x BTC goes 100x. Metals and oil and shit is cool but why bother when you can into bitcoin.

Also worth remembering is 70s were riddled with pressures on the system but dollar is still here. 2020 is not as bad as people would want it to be.

Retard that piggy trump ordered to print shitload of money wait until the election results come in. And we all know it. Buy a flight ticket to Asia while you can or die inside your stinky trailer next year

>as long as politics can sell it to the majority or just act authoritarian, ofc it can.
But that didn't work in Venezuela for example?

>What the fuck is propping up the dollar
Debt.

Because stocks (And other comodties) don't always follow the reaility of the lower classes (so like 50% of USA population)

As other people pointing out, wagies only exist so that they can do ridiculous jobs and be paid to exist. Nothing more, their contribution is actually minimal.

It's only a problem when the banks or FEDs collapse.

Poor people don't matter very much basically. Feds are not concerned about wagie unemployment, they just dont' want to kill 100,000's since that cause civil unrest of course.

what are you talking dumb fuck? Venezuela might go through turbulent times, but is it dead? No because it can still sell its shit to enough loyalists and is able to act authoritarian, not even mild outside pressure has ended the regime or even brought it close to its end.

Last time you annoying kid

I own a bit of everything at the moment. Mixed between cash, property, crypto, silver and stocks. What %'s do people normally recommend? At the moment I would be Property - 31%, Cash - 12%, Crypto - 33%, Gold/Silver - 12%, Stocks - 12%.
My total debt still owing on the property would be approx 1.3x my net worth (not including the total property value, only the equity).
I like to keep at least 18 months worth of mortgage payments on hand in cash in case I lose my tenants or job.
How does everyone else allocate their holdings?

why are you such a seething shit colored retard? Is it because you're not even a human being?

Buy gold bullion can be useful to trown in your neighbour head when civil War starts.

By the way, I thought the whole FED scheme was lending money instead of straight up giving away free money.
That would mean this inflation would only be temporary.

I am no expert but my chain of logic is this:
Pandemic causes job loss
Middle class and lower people need money for their expenses so they start pulling out their investments in speculative assets such as stocks or crypto
The rich realise this is going on or predict it and pull out their money
Everything crashes and the rich buy in at cheap prices
Shouldn't this be happening now?

>they put a halfway based character on TV and the worst they can do to trash him is give him a stupid giggle

I don't' have any debt, personally the way Gold/Silver acted last crash. Of course, it has ramped up right now, but that's almost mirrored the stock increase.

Because cash is such a bad holding, I feel like all assets types you can buy out on a market (perhaps other than physical property, since many have been physically blocked from buying properties due to lockdown.) All assets are inflated, its just deciding which one is more.

The printer goes brrrrr, technically with more money in circulation, assets in context are not inflated instead are matching the amount buying power downwards pressure thats being applied.

But who fucking knows, am I fuck selling all my holdings for worthless fiat with a hope of market selling. In essence that is shorting... Hoping it will crash, I expect at least a correction though soon.

Because every retarded country is printing unlimited money rn, however that just delays the inevitable and ultimately devalues fiat currency. It's a perfect time to be in crypto.

I think that's just the actors actual laugh. Poor guy seems to do it unconsciously.

The way out of that mess was raising interest rates to 20% to encourage saving by the people. Do you think the Fed is going to do that again? The US would default on its debt at that level.

It already basically happened, didn't it.

Do you actually hold all your metals as physical assets?
If not do you pay storage fees or do you just buy an index ?
I'd buy gold and silver but I don't have the security to store it at home and storage fees are a bitch. I'd be happy with paper gold.

I don't think that many people pulled money out of the market.
Usually people who invest in the market and aren't small dumb money don't sell out in crashes. True middle-class people who aren't just middle class because they buy luxary goods they can't afford, usally have backup money. Like you know, norma financial planning.

COVID is a issue-focused right now on business surviral, people who are losing jobs and have no assets afterwards are poor and don't matter to the stock market.

Most sales are panicers (dumb money), shorters and margin calls. Of course inside all that is the bursting of microbubbles on speculative companies ect.

Only the FEDs can stop this show. Just a oppuion, I don't know, plan for everything.

>lower classes pull out of investments
Kek. Poor people don’t invest. They don’t save, so how could they? You missed the dip in March. The next dip won’t be a dip, it’ll be a dollar collapse.

Following from Gold by the way, note that after the 08-09 crash, the price rocketed on fears of another crash and BRRR printing.

These fears subsided and prices went back to reality by late 2011.

Buy a water proof/fire proof safe. Pull up some floor boards and put it there. Put the floorboards back in place. Put a bed or dresser over the top. Dont tell ANYBODY where it is. Never open it unless it is between 2am and 4am with all your curtains shut.
It is now more protected then keeping it in a safe. Ideally also have a safe, in a different room, with 1k cash inside.