Some toughts about upcpming economic depression

I am a biz fan and I always read here:
>''muh get out of stocks because they are driven by QE and when QE stops they go down buy gold''
I told this to my friend and he told me:
>everything is pegged to somenthing. Nothing has inherent value. Everything has the value everyone agrees upon. (even gold)
So a stock (just like gold) has a value everyone agrees. So in case of doomery/depression/ failiure of dollar, stocks like Microsoft will always have inherent value... the inherent value of a company which produces somenthing productive in the technologic era (high value)''

Is him right or wrong? and why?

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up

him right. everything has inherit value but when all other things start to devalue in fiat gold go up.

>him right. everything has inherit value but when all other things start to devalue in fiat gold go up
so why shouldn't I hold stocks if they ''have value''?

buy everything.
As long as demand in things rise everything will go up.
It is not that hard seriously. How likely is it that demand on everything drops tomorrow. ALMOST ZERO

If stocks and commodities are cheap the dollar is expensive, like in march the strength of the dollar chart was the inverse of the stock crypto crash

because stonks are fiat pegged user. stonks are good if you're in a stable economy but ever since we left the gold standard in the 70s its really just been some sick experiment. Although I doubt the experiment is over and I personally believe it will continue with a supernational currency based system designed after the Bancor which was first theorized in 1944's G20 Bretton Woods Moment. I still think that since we're so close to a full transfer towards a digital economy its likely best to wait in some sort of crypto for a few years until the transfer is made. Before the transfer goes through stonks will drop hard. We've been due for a big crash and correction for over a decade now since we missed out 7 year cycle this past 2017-2018. Silver is also a good buy if you want something more traditional. But all in all holding stonks right now is just about the worst thing you can do if you are trying to hold value short term. Once all is said and done and the NASDAQ switches over to blockchain go ahead and buy your stonks user.

QE will definitely stop for the small and medium businesses, mom and pop retail shops, restaurants,bars.
Single and Multifamily real estate investor will be buried by the property taxes, utility bills, and will not be able to collect rent or evict until the moratorium is in effect.
Fed and friend can not allow this to spill over to 2b2f conglomerates, the small guys will be the sacrifical pawns, with a few outliers just like 09.

thank you for the advice bro.
The only thing that I don't understand is this:
What if after the reset (digital currency) stocks get pegged to it and continue to keep their old value (the value that they had before the collapse?)
Knowing this... holding stocks wouldn't be such a bad idea because even if not pegged to the old Fiat dollar, they will still keep their old fiat dollar value but in gold / new digital currency / whatever comes

well investing in utility tokens right now is like being able to invest in early internet protocols like tcp/udp. The whole idea of everything going digital is more than just getting digital money. It's about being able to extract value from the transfer of digital information. The whole idea of making money digital is transforming it into information to further extract value from the digital econ. Yeah you'll be okay in the long run investing in stonks cause their value will return and likely have a nice pump, but you'll literally miss the biggest creation of wealth in history. We're literally monetizing every transfer of information and by investing in the right utility tokens you get to own a small portion of all future finance passing through said protocol. It just seems like a no brainer imo to take the risk right now with a majority of your money on secure things like LINK and once you have fuck you money with that diversify into stonks and maybe collateralize the rest for a decent APY with some defi tools. I'm personally not stepping into defi now though because its a super immature market and I'm almost certain its going to get wiped out once regulations clear up with the OCC and the SEC in the coming weeks. I'm more hyped about things like Flare which will let you collateralize all types of currencies through the XRPL. As much as people shit on XRP I personally think if you agree with everything I've stated so far they are the surest bet. They recently passed $4 trillion in btc through the XRPL in just a few days dex.xrplapps.com/asset.php?ID=BTC. Flare is the smart contract system coming out of one of Ripples investment arms names Xpring.

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Yes, MSFT or whatever real value producing company stock will likely always have value. the real question should be, is the price I'm paying now cheap or expensive? If cheap, buy. If expensive, sell and buy something else that will retain value and is cheap.

>Fed and friend can not allow this to spill over to 2b2f conglomerates, the small guys will be the sacrifical pawns, with a few outliers just like 09.
so basically what will happen to the general economy? Small shops/retailers down while Amazon up up up?

user, there is a saying, "everything is worth what its purchaser is willing to pay for it"

>everything is pegged to somenthing. Nothing has inherent value
I'm sorry fren, but your fren is of the retardation : things HAVE inherent value, and it's the irreducible human and mechanical calorific energy spent to extract and transform a commodity. That's why precious metals are the best store of value : it will always require an enormous quantity of human and mechanical labor to extract it from the ground and then transform it. It's the absolute bottom line the metals (and others commodities) can't go below, never a miner will agree to sell their production below this threshold because it would ruin them immediately. Of course over long period of times the technological advancements can reduce the energy required to produce something, which will become the constant new threshold.

Btw, no matter how it make the shitcoins niggers seethe, that's also why crypto alone will always remain inherently worthless, since it didn't required any human and mechanical labor to produce X tokens and are reproductible to oblivion. While also being obsolete by nature. So never trust a nigger saying
>muh buttcorn is a store of value, just like gold!
because it means he have no idea of what he's talking about.

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damn

what you think of this video?
youtu.be/B_QaL9fAKoM

lol, typical pmg-schizo retardation. Answer me two questions-
1- If I spend millions of dollars and man-hours creating a huge ugly pile of cement, is it worth millions of dollars? No? Then somethings value isn't tied to the energy 'energy spent to extract and transform' it. That's simple the point at which doing so becomes profitable.
2/ If a metor of pure diamond (or any rare element) falls from the sky, does it not have value because 'it didn't required any human and mechanical labor to produce'? No? Turns out we do value some things that take no labor to produce.

1- lmao what a pathetic example, really, you couldn't find better? His ugly pile of cement was worth the amount of cement he spent to create it, nothing more. Sadly he made the cement worthless, so his pile value is inherently 0 now. I said the store of value concern the energy spent to EXTRACT and TRANSFORM a commodity. He didn't extract nor transformed shit to produce a commodity : he just wasted perfectly good cement to do a retarded turd, just like you wasted finger energy to shart this turd of a post, there are literally 0 common ground here.
Try to clear your mind before going hhur durr ablublu.

2- Worst example since diamond is a jewish scam already existing in abundance in the earth crust and we can now artificially create perfect diamonds using graphite. There is a reason why it was never used as a store of value, but to scam few heiresses out of their inheritance in the 30's. You'll have an argument the day the alchemist can transform lead onto gold, until then, kneel down.

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Your reading comprehension is very weak. I said nothing about store of value (or crypto for that matter). I simply proved these two statements wrong.
>things HAVE inherent value, and it's the irreducible human and mechanical calorific energy spent to extract and transform a commodity
>inherently worthless, since it didn't required any human and mechanical labor to produce

Sorry but i don't have 22min to waste watching a maxi monkey trying to bend reality to fit his narrative because he need to comfort himself with the idea he didn't spent his hard earned jewtube dollarinos into a digiscam.

And your is absolutely inexistant : my point is totally valid while your make absolutely no sense at all. How much new cement did he created while making his ugly cement pile? The answer is exactly 0, just like the number of braincells in your cranium.
But how much did he spent to acquire the base material? At least the cost of production to extract and transform the cement.
I don't even know why i spend time 'arguign' with a retard who can't even grasp the most basic shit, holy shit.

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CALOrIFIC energy

nice debate, Anons
couple of sharps going at it

>US dollar will continue increasing in value
wtf is this retard talking about, the US dollar has been losing value every single day. I know because I am european and for some stupid reason thought it would be a smart idea to hold a part of my cash in this absolutely worthless US currency

It's very simple. Do some things that took work, effort, calorific energy or time to create have no value? If yes, those things can't be the reason for value.
On the opposite side, do some things that took no work (etc, etc) have value? Again, if yes, those things can't be the reason for value.

if you believe in hyperinflation then don't hold stocks
if you are not a schizo then stock is the place to be.
these people talking about collapse of dollar and hyperinflation are essentially conspiracy theorists. nothing they say make any sense.

hyperinflation is good for stocks though

>''muh get out of stocks because they are driven by QE and when QE stops they go down buy gold''
It's also worth remembering that Zig Forums is fucking retarded and that anyone with a pulse can spout their retarded opinion into the void. As always, the stories and information posted here are artistic works of fiction and falsehood. Only a fool would take anything posted here as fact.

it isn't
stocks in India is up an insane amount in local currency this year but anyone holding Indian stocks would have been better off holding dollars. Indian stocks doesn't protect against decline in purchasing power casued by inflation.

>supernational currency based system designed after the Bancor
mfw

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youtube.com/watch?v=xacflWZig8c

And we should listen to you why??

Pls be true
> t. 86k in my checking account

This dude was right the bancor would have not allowed the usa to finance the defense of korea much less europe with the bancor.

I am 90% sure that keynes was a soviet spy and dexter white got accused afterwards of being a soviet glowing one to cover for keynes.

>>''muh get out of stocks because they are driven by QE and when QE stops they go down buy gold''
Well whoever wrote this was right in so far that quantitative tightening so far has always caused a severe downturn in the stock market. generally you may even go so far that stock-market-performance as measured by the three most important indices is directly correlated with "government spending" (even if QE usually is not considered as expression of government spenind).

>It's also worth remembering that Zig Forums is fucking retarded and that anyone with a pulse can spout their retarded opinion into the void.
that also is true. but at least we're not as stupid as Zig Forums. anyway my point is: you too are an idiot.

one of us. one of us. one of us ....

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keynes was a fervent nazi

mises.org/library/was-keynes-liberal

In a full blown depression/doomery, you wanna invest in property, land, livestock.

Can't eat gold.

keynes was a fabian socialist