Why the Swiss still love cash by Wanga in finance

[–]HanakoIsBestGirl 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Its only briefly mentioned here but privacy is the main reason I use cash whenever I can. Don't need an online list of everything I've ever bought.

Why the Swiss still love cash by Wanga in finance

[–]HeyImSancho 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

"Why then do the Swiss prefer cash? Two simple reasons are that cash is widely considered to be part of their culture and people believe that using it allows them to track their spending more easily"

I bet another reason they feel comfortable carrying cash is how heavily armed the homogeneous populace is there.

Fed sees no rate hikes in 2019, plans balance sheet reduction slowdown, after 8 rate hikes in the last 3 years by magnora7 in finance

[–]magnora7[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Dollar slammed by dovish Fed; pound remains weak

https://www.reuters.com/article/us-global-forex/dollar-slammed-by-dovish-fed-pound-remains-weak-idUSKCN1R102O?il=0

The U.S. dollar fell sharply against a basket of major currencies on Wednesday, after the Federal Reserve held U.S. interest rates steady and its policymakers abandoned projections for further rate hikes this year as the central bank flagged an expected slowdown in the economy.

Fed sees no rate hikes in 2019, plans balance sheet reduction slowdown, after 8 rate hikes in the last 3 years by magnora7 in finance

[–]magnora7[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

See how it sat at 0-0.25% for basically all of Obama's term?

https://static01.nyt.com/images/2018/03/21/us/fed-rates-powell-promo-1521650995861/fed-rates-powell-promo-1521650995861-articleLarge-v3.png

Then Trump becomes president and they go crazy jacking it up.

This rate determines the growth of money supply, this is them deciding to print new money or not, basically.

By raising the rate so much as they've done, they've basically put out the pressure to stop making money, so the money supply is tightening. So money is harder to come by, so you don't have enough money to pay for the things you need to buy. It's a deflationary pressure, similar to the Great Depression of the 1930s in the US

Seeing them STOP raising the rates, is at least a vague signal to me that maybe they're not trying to crash the economy so hard after all, go through the downside of another "business cycle", and blame it all on the convenient scapegoat of Trump. Maybe they're tempering their approach a bit.

Fed rates are like the pulse of our economy, in a system where they completely own the fiat money creation ability and rates.

It's perfect for you if you know ALMOST NOTHING about trading by talha in finance

[–]magnora7 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Ads go in /s/ads please, last warning

Why not hedge your bets? Real estate could be devastated! by hennaojisan in finance

[–]hennaojisan[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Yes, it sounds like an ad for silver. You could buy Facebook stock or Apple or whatever but somehow silver sounds more sensible.

Cleeng - a company based in the Netherlands that does nothing but payment processing. Ryan Dawson has gone through hell being censored. He finally set up a paywall through Cleeng after trying Muvi and Wistia and other stuff. by JasonCarswell in finance

[–]JasonCarswell[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Ryan Dawson has gone through hell being censored.

In his interview with the Halsey News Network "Radio Free America (Episode 268): Social Censorship" (2019-03-04) https://www.youtube.com/watch?v=Oq_2W8_oDHE at around 1:40:00 they discuss who he's ruled out and the solution he goes with now. He finally set up a paywall through Cleeng after trying Muvi and Wistia and other stuff.

  • Cleeng - https://cleeng.com/ - Cleeng is a company based in the Netherlands that does nothing but payment processing. Subscriber Retention Management™ Designed For OTT. Most advanced APIs for maximum modularity and OTT efficiency. "Cleeng Core enables you to build a comprehensive OTT video platform and manages all aspects of subscriber management for you. Cleeng Core consists of identity and access management [IAM], product entitlement, customer service, subscriber billing and advanced analytics functionalities." See also: https://duckduckgo.com/?q=Cleeng+Paywall+Netherlands

  • Muvi - https://www.muvi.com/

  • Wistia - https://wistia.com/

See also: https://duckduckgo.com/?q=video+paywall+services


Added to: https://saidit.net/s/DecentralizeAllThings/wiki/index#wiki_financial_funding_alternatives_list

The Coming Global Financial Crisis: Debt Exhaustion — "The global economy is way past the point of maximum debt saturation, and so the next stop is debt exhaustion." by magnora7 in finance

[–]magnora7[S] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

I prefer to look at median inflation-adjusted income, I think that tells a story of what's happening to a country's people more than the GDP which isn't accurate because it's so financialized

The Coming Global Financial Crisis: Debt Exhaustion — "The global economy is way past the point of maximum debt saturation, and so the next stop is debt exhaustion." by magnora7 in finance

[–]Vigte 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

No it's good to know - you remember the old GI-Joe saying lol.

Out of curiousity I've looked into GDP and it doesn't really seem to accurately represent growth either... any thoughts on that? Or replacements?

The Coming Global Financial Crisis: Debt Exhaustion — "The global economy is way past the point of maximum debt saturation, and so the next stop is debt exhaustion." by magnora7 in finance

[–]magnora7[S] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

Ha no doubt there, the derivatives market is so bad. I think debt-based monetary systems are a little fucked too, don't think I'm excusing it, I'm just explaining it haha

The Coming Global Financial Crisis: Debt Exhaustion — "The global economy is way past the point of maximum debt saturation, and so the next stop is debt exhaustion." by magnora7 in finance

[–]Vigte 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

Interesting, didn't think of it that way - well, I think we can all agree then that the "derivative" section is a little fucked lol

The Coming Global Financial Crisis: Debt Exhaustion — "The global economy is way past the point of maximum debt saturation, and so the next stop is debt exhaustion." by magnora7 in finance

[–]magnora7[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Well in a debt-based monetary system, that's exactly what you'd expect actually. Every dollar of debt created immediately creates a dollar of value as well. That's the basis of our monetary system after we got off the gold standard in 1972 in the US

Exclusive: BlackRock, Goldman to move some fund managers to U.S. if no-deal Brexit by magnora7 in finance

[–]magnora7[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Blackrock being majority-owned by the Rothschilds, in my understanding

Is Forex trading illegal in the US? by talha in finance

[–]magnora7 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

Lol "Is forex trading illegal in the US?"

then links to US-based forex trading service.

So I guess no, it is not illegal.

Apple stock loses 7%, Apple freezes stock trading for 20 minutes under guise of "upcoming news" by magnora7 in finance

[–]Mnemonic 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

I only run it on a galaxy (the original) and had to get the firmware for the wireless communication (wifi, I guess Bluetooth) from a cyanogen mod.

I've never had updates from it, but it transformed an old phone in a great portable media player.

Apple's stock drops 10% in one day by magnora7 in finance

[–]Tom_Bombadil 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Could be. Unfortunately, people have made the iphone a part of their identity. It's fairly difficult to part with your identity, or objectively criticise it, but it's possible.

Could also be the Chinese nationalistic backlash from arresting the Huawei exec. I saw something about that in the link, but i'm not sure.

Could also be that wise investors recognize that the valuation of most publicly traded companies is overinflated, and they're "selling high" in terms of investment strategy.

Could be that AI high speed trading had sequential glitches. No one really understand how this crazy AI actually works.

It's interesting that other industry related stocks haven't been similarly impacted.

Apple's stock drops 10% in one day by magnora7 in finance

[–]crypt 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

The thought process:

If your company purposely cripples your product to make loyal customers buy new products of yours, your company deserves to fail and fail hard.

Apple's stock drops 10% in one day by magnora7 in finance

[–]Tom_Bombadil 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

A cryptic message.

The 2018 return of every stock market in the world, in USD. Note China 3rd from bottom by magnora7 in finance

[–]magnora7[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

The expected monetary value that would be returned back to you if you had invested. Basically another word for 'profit'. The common phrase is 'the return on an investment'

The 2018 return of every stock market in the world, in USD. Note China 3rd from bottom by magnora7 in finance

[–]kazenmusic 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

I don't understand the word 'return' as it's used. Will someone explain?

Apple's stock drops 10% in one day by magnora7 in finance

[–]crypt 3 insightful - 3 fun3 insightful - 2 fun4 insightful - 3 fun -  (0 children)

Good.

Apple stock loses 7%, Apple freezes stock trading for 20 minutes under guise of "upcoming news" by magnora7 in finance

[–]crypt 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

How does LineageOS with microg compare to Repiclant. Does replicant keep up with the security patches or is completely separate.

Do you use replicant and are you happy with it? Any drawbacks?

The 2018 return of every stock market in the world, in USD. Note China 3rd from bottom by magnora7 in finance

[–]Tom_Bombadil 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Military sales are similar to inexperienced gamblers playing Texas Holdem.

The govt is dealt a pair of aces, and declare "all in!" and pushes all of they're money in.

Everyone else folds.

The government claims all of the money that was just pushed into the pot, and declares, "Look at all the money I just won!" ;-)