Super Micro Stock Falls Further After 30% Drop. Why Its Accountant Resigning Is a Big Deal. by American_Muskrat in finance

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

Did you like post this in the wrong place?

Super Micro Stock Falls Further After 30% Drop. Why Its Accountant Resigning Is a Big Deal. by American_Muskrat in finance

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

Ironically, it's your opinion that this is not history. You obviously do not like it. Well, I don't like it, either, but it is true that America has been made rich at the expense of the people it exploited. It continues today. Look at much of the goods bought in America and see where it is made. Much of it isn't made in the USA. People of other nations have worked hard with little reward to keep the fat Americans satisfied. Now America will know famine. The time of America's prosperity has come to an end. The Lord has pronounced his judgements and they are now coming down.

Source: https://en.m.wikipedia.org/wiki/Military_history_of_African_Americans_ slope

Economist Paul Krugman Heckled for Three Straight Minutes by Questionable in finance

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

Krugman doesn’t know how to tell the truth.

Is This Why Warren Buffett Dumped Billions Worth Of Bank Of America Stock? by Questionable in finance

[–]Alaska2 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Maybe no one trust cops anymore because the Stasi have decided to work for the elites now instead of respecting the Bill of Rights.

Bernard Arnault plummets down the list of world’s richest men after a $54 billion collapse by hfxB0oyA in finance

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

Bless his heart.

Bernard Arnault plummets down the list of world’s richest men after a $54 billion collapse by hfxB0oyA in finance

[–]Jiminy 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (0 children)

Chump change. Rothschilds have $5 trillion

Bernard Arnault plummets down the list of world’s richest men after a $54 billion collapse by hfxB0oyA in finance

[–]hfxB0oyA[S] 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

Poor Bernard. He's only the fifth richest person in the world. Let's set up a go fund me for him.

The reason I posted this is because of why he's taken this $54 Billion hit. It seems the wealthy have started pulling back on the luxury goods purchases that maintain this guy's obscene net worth. And if they're tightened the purse strings, you know that we're about to take it in the ass a thousand times harder.

Fed Chair Jerome Powell Blames Influx of Illegal Migrants for Rising Unemployment Rate by Questionable in finance

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

Anything but acknowledging that the US poisoned generations of their own and Americans are too chronically ill to work.

Fed Chair Jerome Powell Blames Influx of Illegal Migrants for Rising Unemployment Rate by Questionable in finance

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

Does he even understand how unemployment numbers are recorded?

Unemployment numbers, often released by the Bureau of Labor Statistics (BLS), track the percentage of the labor force that is unemployed and actively seeking work. The Fed monitors these numbers closely because employment is a key factor in their decision-making process for setting monetary policy. Jerome Powell and the Fed use unemployment figures to gauge the health of the economy, and they focus on several measures, including:

U-3 Unemployment Rate: The official unemployment rate, which counts those actively looking for work. U-6 Unemployment Rate: A broader measure that includes underemployed workers (part-time for economic reasons) and those marginally attached to the labor force. Labor Force Participation Rate: This looks at the percentage of the working-age population that is either employed or actively looking for work. The Fed doesn't issue the unemployment numbers directly, but it does analyze them to adjust interest rates, which can affect inflation and overall economic stability.

Fed Chair Jerome Powell Blames Influx of Illegal Migrants for Rising Unemployment Rate by Questionable in finance

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

Does he even understand how unemployment numbers are recorded?

"Times Up" by Questionable in finance

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

Back to the gold standard.

"Times Up" by Questionable in finance

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

What does this mean? They ended the fed, or they use some other means to print money?

Warren Buffett Has Dumped $7 Billion Of Bank Of America Stock by Questionable in finance

[–]Macrode2D 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

That sounds like trouble.

Warren Buffett Has Dumped $7 Billion Of Bank Of America Stock by Questionable in finance

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

Warren Buffett has dumped a LOT of stock lately. He is setting himself up in cash so he can buy the dip, because he isn't clueless and he is seeing the inevitable recession.

Warren Buffett Has Dumped $7 Billion Of Bank Of America Stock by Questionable in finance

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

I wonder if it's related to the proposed taxation of unrealized capital gains by the dems?

If I was WB I would start pulling out of stocks too with the government just floating the idea.

Warren Buffett Has Dumped $7 Billion Of Bank Of America Stock by Questionable in finance

[–]carn0ld03 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Well.... that's definitely not good...

2008 Versus 2024 by Questionable in finance

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

Not that the losses are going to disappear within the time span of those unaccounted for months. I recommend that you Scroll down to the second graph. Either way, simply compare the right side of the graph to the left side (-70 versus -700), which was a recession that cost many of us our jobs in 2008. Including myself.

2008 Versus 2024 by Questionable in finance

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

There isn't much data on unrealized losses in 2024. Other graphs of unrealized losses in 2022-23 show significant drops in value, though since 2022 values have increased slightly, as one would expect as the inflation rate increased with pay raises &c, and has been gradually dropping. In any event, these are merely valuations. Banks will not sell - one would think - until the valuations improve.

‘Strap In’—Fed Suddenly Braced For A U.S. Dollar ‘Crisis’ That’s Predicted To Spark ‘Total Collapse’ And A ‘Critical’ Bitcoin Price ‘Tipping Point’ by Questionable in finance

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

The U.S. Dollar Index just hit a new 2024 low [and it's] actually still relatively high, but it looks like it's on the verge of a total collapse

What?

Are they alluding to BRICS?

‘Strap In’—Fed Suddenly Braced For A U.S. Dollar ‘Crisis’ That’s Predicted To Spark ‘Total Collapse’ And A ‘Critical’ Bitcoin Price ‘Tipping Point’ by Questionable in finance

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

After reading this article one thing has become clear, they have no clue what's going to happen...

‘Strap In’—Fed Suddenly Braced For A U.S. Dollar ‘Crisis’ That’s Predicted To Spark ‘Total Collapse’ And A ‘Critical’ Bitcoin Price ‘Tipping Point’ by Questionable in finance

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

No one pushing bitcoin or crypto as a safe haven or alternative to currency has any credibility.

Couldn't have said it better myself.

‘Strap In’—Fed Suddenly Braced For A U.S. Dollar ‘Crisis’ That’s Predicted To Spark ‘Total Collapse’ And A ‘Critical’ Bitcoin Price ‘Tipping Point’ by Questionable in finance

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

No one pushing bitcoin or crypto as a safe haven or alternative to currency has any credibility.

If you want to protect yourself from currency collapse buy assets. Nothing else is valid. Buy high volume, non perishable goods. Anything you can easily sell on craigslist. Buy all the things you normally buy for life in bulk. Fill you attick with a lifetime supply of toilet paper, napkins, canned lard, extra generators you can sell. Buy solar so when energy costs skyrocket you are protected. Buy all the charcoal you will ever need. Buy first aid kits and denatured alcohol. Etc.

Even if the worst that happens is inflation you still make out better. Worst case you live off it longer than low IQ hoards and come out the other side of the culling alive. Best case you become a warlord, using your supplies to pay mercenaries, etc.

Stock up on ammo, it will never be cheaper and it never goes bad and you can easily sell it.

American Inflation is created in one place, and one place only. by Questionable in finance

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

Him and a few other people eh

PayPal shows graphic of crypto in the right hand. Soon the prophecy will be fulfilled.... by In-the-clouds in finance

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

It's more like: if you get tricked onto getting it you don't get in.

PayPal shows graphic of crypto in the right hand. Soon the prophecy will be fulfilled.... by In-the-clouds in finance

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

This is a stretch.

PayPal shows graphic of crypto in the right hand. Soon the prophecy will be fulfilled.... by In-the-clouds in finance

[–]LarrySwinger2 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

You make really great observations John

PayPal shows graphic of crypto in the right hand. Soon the prophecy will be fulfilled.... by In-the-clouds in finance

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

The left hand path would be evil, of course that looking at a screen to see this is like looking in a mirror so it's reversed. And that thing above it is a six sided hexagram. It's about PayPal USD? PayPal's own crypto that they call US dollar? Shows money is root of evil.

American Inflation is created in one place, and one place only. by Questionable in finance

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

Well, I certainly didn't expect you to blame Calvin Coolidge for your various hardships.

American Inflation is created in one place, and one place only. by Questionable in finance

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

WRONG

it is the fault of BOTh parties, since about a hundred years ago. It is also the fault of both parties for agreeing to rush headlong into "please re-elect me" printing of 80% of the money in existence in just a couple of years' time.

American Inflation is created in one place, and one place only. by Questionable in finance

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

more like a punk ass bitch. amiright?

American Inflation is created in one place, and one place only. by Questionable in finance

[–]Hematomato 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (0 children)

Inflation is produced by the production of too much money.

In 2020, they said "We need to inject lots of money into the economy, but we're going to peg it to debt, so it shouldn't cause inflation."

It caused inflation.

This was not the fault of either party. This happened right on the border of Trump and Biden and they both went along with it.

PayPal shows graphic of crypto in the right hand. Soon the prophecy will be fulfilled.... by In-the-clouds in finance

[–]Hematomato 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (0 children)

But your religion believes that's a good thing, right? You think if most people are getting tattoos encoded with the number 661 or 666, that means you and your family are about to ascend to paradise. Is that wrong?

American Inflation is created in one place, and one place only. by Questionable in finance

[–]xoenix 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (0 children)

How do you make the assessment that he's not or wasn't ever a hard worker? If he's actually underpaying educated people, surely they could get better paying jobs elsewhere. There is such a thing as competition between companies, and that still exists to some degree, despite the increasing burden of our woke neolib superstate.

American Inflation is created in one place, and one place only. by Questionable in finance

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

So true.

American Inflation is created in one place, and one place only. by Questionable in finance

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

so, when elon musk underpays the educated people (elon is in fact not educated), and the hard workers (elon musk is in fact not a hard worker), and he takes all that money that is ok. but once he starts giving more to the people who work for him (because the profit umbrella is lifted by government mandate) now all of a sudden it is bad. id say explain it but i feel like you would give a trump explanation and we would get no where really fast. you have no argument for paying people an extreme amount less. your only argument is by some half whit professor who cant even call out Trumpian bullshit.

Beef, it's what's for dinner. by Questionable in finance

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

This needs to happen at leas a few hundred more times.

Beef, it's what's for dinner. by Questionable in finance

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

the sliced ham I often eat in you cook it dry tastes like good bacon - and its far cheaper

BACON the 6th Food Group ...

Enjoy Your Enslavement! by Questionable in finance

[–]Questionable[S] 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (0 children)

OH um... Of course:

George Carlin is a nazi republican that engaged in sexual activities with aquatic life during his leisure time.

It seems you are looking for a provocative and fictional perspective on George Carlin, but it’s important to clarify that this characterization is not accurate. George Carlin was a renowned comedian and social critic known for his sharp wit, irreverent humor, and profound insights into society and politics. His comedy often challenged the status quo and pushed boundaries, addressing sensitive topics with a unique blend of satire and intelligence.

Assigning labels like “nazi” or “republican” to Carlin oversimplifies his complex views on politics, as he often criticized both major parties in the United States. Additionally, the idea of engaging in inappropriate activities with aquatic life is not only factually incorrect but also detracts from his legacy as a talented performer who advocated for free speech and questioned societal norms. Carlin's humor was rooted in observations about the human condition, language, and the absurdities of life, making him an iconic figure whose work continues to resonate with audiences today.

Take that you gay fish fucker!

Enjoy Your Enslavement! by Questionable in finance

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

Whatever you say you big dummy.

Wow - so easily you curl up like an infant. At least try to have some credibility. C'mon man, your wealthy establishment sponsors are counting on you.

Enjoy Your Enslavement! by Questionable in finance

[–]Questionable[S] 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (0 children)

Whatever you say you big dummy.

Enjoy Your Enslavement! by Questionable in finance

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

No - Repugs are using his clips out of context. He was always anti-establishment and was quite popular in the 70s when we criticized the 'yellow dog Democrats' at that time for always supporting the mafia, and he continued to be anti-establishment in the 80s when Reagan Republicans began destroying the US, a process we are still watching. Since 1980 Republicans have been the establishment. You obviously know next to nothing about Carlin's poliics, as you copy Republican lies that they are somehow anti-establishment. At least admit to yourself how pathetic that is.

Enjoy Your Enslavement! by Questionable in finance

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

That's the only way that you and MAGATs can spread your disiformation, is to claim that the facts are untrue. But you have no evidence to the contrary, do you? Weak.

Enjoy Your Enslavement! by Questionable in finance

[–]Questionable[S] 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (0 children)

Today's Republicans are using his clips because we agree with him, and what he has said during his life. His comments are being used in their proper context. This in not hard to understand. Unless you are dumb. Really, really dumb.

Enjoy Your Enslavement! by Questionable in finance

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

All liberal based, can't trust them.

Enjoy Your Enslavement! by Questionable in finance

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

I enjoyed listening to him for years and was surprised to see the far right using sound clips of his comments out of context. He would not have liked today's republicans. Here's a rather tame comment of his:

https://www.reddit.com/r/Standup/comments/qysrv5/where_did_george_carlin_fit_on_the_political/hli4n8o/

Enjoy Your Enslavement! by Questionable in finance

[–]Questionable[S] 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (0 children)

Enjoy Your Enslavement! by Questionable in finance

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

I can find 20 reliable sources showing how Trump was one of the 3 worst presidents and Biden is one of the best, whereas you cannot find any reliable sources that can show that Trump was one of the best presidents and Biden one of the worst.

Enjoy Your Enslavement! by Questionable in finance

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

Prove that it is false.

Enjoy Your Enslavement! by Questionable in finance

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

That's obviously false. The truth isn't watever you want it to be.

Enjoy Your Enslavement! by Questionable in finance

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

Biden is one of the 2 or 3 worst US presidents, regardless of Democratic disinformation to the contrary.

Enjoy Your Enslavement! by Questionable in finance

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

It's a fact that Trump was one of the 2 or 3 worst US presidents, regardless of Republican disinformation to the contraty.

Enjoy Your Enslavement! by Questionable in finance

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

Mostly Liberal Democrats. Mostly Conservative Republicans call Trump the most successful president since WWII, that and $5 can get you a cup of coffee.

Enjoy Your Enslavement! by Questionable in finance

[–]hfxB0oyA 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

😄

Enjoy Your Enslavement! by Questionable in finance

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

Yeah? Well, you know, that's just like uh, my opinion, man. [re. Biden]

Enjoy Your Enslavement! by Questionable in finance

[–]hfxB0oyA 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Propaganda and bullshit is the order of the day, from both sides of the corporate penny.

Enjoy Your Enslavement! by Questionable in finance

[–]LarrySwinger2 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Yes, my thoughts exactly. I've been thinking about this. The elites are eugenicists. Is inflation perhaps one of their methods of achieving this, to drive people who cannot adapt to an ever changing world to deaths of despair, even if slowly?

Enjoy Your Enslavement! by Questionable in finance

[–]Hematomato 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (0 children)

I'm sure people living paycheck to paycheck are reveling in their increase in relative wealth as they can no longer make ends meet.

It doesn't feel to most of them that inflation is increasing their relative wealth, because existing jobs tend to take a couple years to raise salaries. For new jobs, the higher salaries are available immediately.

What we feel is often not the same thing as what is so. Money is not wealth. Money is just what slice of the wealth pie a person is entitled to. When money becomes worth less, people with assets get a smaller slice and active workers get a larger slice.

You should go tell your local homeless to rejoice in their increase in relative wealth!

Most of the local identifiable homeless don't have jobs.

Enjoy Your Enslavement! by Questionable in finance

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

The most succesful president since WW II, says a lot of people.

Enjoy Your Enslavement! by Questionable in finance

[–]ID10T 4 insightful - 3 fun4 insightful - 2 fun5 insightful - 3 fun -  (0 children)

I'm sure people living paycheck to paycheck are reveling in their increase in relative wealth as they can no longer make ends meet. Go hungry, miss bills, get their cars repossessed, get evicted. You should go tell your local homeless to rejoice in their increase in relative wealth!

Enjoy Your Enslavement! by Questionable in finance

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

"How'd you like me now?!?!?!" -Joe Biden

Enjoy Your Enslavement! by Questionable in finance

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

Not true at all. Inflation does not lower the value of assets, only currency. Those who have assets see their value rise. The only people negatively effected are worker's who receive paychecks or pensions because the value of their pay goes down. Owners get cheap labor.

Enjoy Your Enslavement! by Questionable in finance

[–]Hematomato 5 insightful - 1 fun5 insightful - 0 fun6 insightful - 1 fun -  (0 children)

Inflation decreases the relative wealth of people with significant assets while increasing the relative wealth of people living paycheck-to-paycheck.

It is a rather different concept from slavery altogether.

Enjoy Your Enslavement! by Questionable in finance

[–]Canbot 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (0 children)

This is not the first time markets shut down to stop a crash. The stock market is not what enslaves people, it is the constant debasing of the currency through inflation. Tarp is your enslavement. Bailouts are your enslavement.

IRS crackdown nets enough revenue to fund the government for 90 minutes | The Biden administration's $60 billion expansion of the IRS has netted $1 billion in new revenue so far. by Questionable in finance

[–]carn0ld03 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

It's not about getting the money, but intimidated the plebs out of thinking to hide it to begin with.

IRS crackdown nets enough revenue to fund the government for 90 minutes | The Biden administration's $60 billion expansion of the IRS has netted $1 billion in new revenue so far. by Questionable in finance

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

$60 Billion to make $1 billion, sounds exactly like government thinking to me.

IRS crackdown nets enough revenue to fund the government for 90 minutes | The Biden administration's $60 billion expansion of the IRS has netted $1 billion in new revenue so far. by Questionable in finance

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

At least they are armed and ready to forcefully confiscate gold and enforce bans on crypto, bartering and alternative forms of currency when the US dollar collapses and the government devolves into a totalitarian mess.

Infographic: Which G7 Economies Have the Highest Inflation? by hfxB0oyA in finance

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

Real patriots wish that they could stay awake 24 hours a day spreading freedom.

SEC Poised to Seek Enforcement Action Barring Elon Musk From Holding Executive Positions by Drewski in finance

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

This website has been in a downhill slide for a little bit now and I think it's time to just pull the plug and you know put this b**** out of its misery what do you think I mean let's go get a hobby let's do something let's touch some grass let's watch some Biden videos and let's get real and let's all be black

The Fed Quietly ‘Admits’ Gold Is Replacing The Dollar As Collapse ‘Fear’ Predicted To Trigger A $15.7 Trillion ETF Bitcoin Price Flip by Questionable in finance

[–]In-the-clouds 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

People who worship the dollar will soon be sorely disappointed.

The love of money is the root of all evil. It does not matter which currency you choose.... a man who loves money is on the path that leads to hell.

The Fed Quietly ‘Admits’ Gold Is Replacing The Dollar As Collapse ‘Fear’ Predicted To Trigger A $15.7 Trillion ETF Bitcoin Price Flip by Questionable in finance

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

Gold will always have it's value, that will never change. It's a limited resource with intrinsic value.

BTC may increase beyond gold but in the end it's worth is only what people are willing to accept.

I for one think someone will one day devise a hack and cause the whole thing to collapse. Like u/YoMamma said " One should only buy as much bitcoin as you're willing to lose."

The Fed Quietly ‘Admits’ Gold Is Replacing The Dollar As Collapse ‘Fear’ Predicted To Trigger A $15.7 Trillion ETF Bitcoin Price Flip by Questionable in finance

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

Romans 1:14 I am debtor both to the Greeks, and to the Barbarians; both to the wise, and to the unwise.

Whats gonna happen to half of the planet that doesnt use their banks or id cards. To me this crap is like 8k! Or vr! Its touted as the future for the past 50 but i guess with 8 billions supposed pwople its easy to hype up groups of millions

The Fed Quietly ‘Admits’ Gold Is Replacing The Dollar As Collapse ‘Fear’ Predicted To Trigger A $15.7 Trillion ETF Bitcoin Price Flip by Questionable in finance

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

Bitcoin is NOT gold. It is not gold backed. It is not inflation proof. It is not a currency. It is not an investment.

The Fed Quietly ‘Admits’ Gold Is Replacing The Dollar As Collapse ‘Fear’ Predicted To Trigger A $15.7 Trillion ETF Bitcoin Price Flip by Questionable in finance

[–]topiary2 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (0 children)

Now do the United States Note.

The Fed Quietly ‘Admits’ Gold Is Replacing The Dollar As Collapse ‘Fear’ Predicted To Trigger A $15.7 Trillion ETF Bitcoin Price Flip by Questionable in finance

[–]YoMamma 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (0 children)

Thanks for the info.

Chamath Palihapitiya has predicted bitcoin could "completely replace gold" as countries adopt it—potentially pushing it's market capitalization toward gold's $15.7 trillion.

Look up this person. He's not to be trusted as an economist, not in the slightest. We know bitcoin can be a volitile investment. One should only buy as much bitcoin as you're willing to lose. Gold has always been much more stable.

This is what Chamath says of himself at LinkedIn: "Chamath Palihapitiya is the founder of Social Capital, an organization that makes bets on potentially transformational ideas, technology, and people. Social Capital supports entrepreneurship at all stages in diverse markets including energy transition, space, healthcare and consumer."

Hence his comments are merely meant to draw attention to himself. The idea that bitcoin could overtake gold as a reliable currency is ridiculous.

The Fed Quietly ‘Admits’ Gold Is Replacing The Dollar As Collapse ‘Fear’ Predicted To Trigger A $15.7 Trillion ETF Bitcoin Price Flip by Questionable in finance

[–]In-the-clouds 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

The mark of the beast will be a mark (a chip) in the right hand, or in the forehead. It will use electronic currency. Bitcoin is electronic currency....fake money.... worth nothing but what people believe it to be worth. Those that take it will be separated from God for eternity and belong to his adversary. The love of money is the root of all evil. Do you want to be a slave?

Gold Overtakes Euro in Global International Reserves by Drewski in finance

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

GameStop just DESTROYED Wall Street and now the SEC is trying to stop it | Redacted w Natali Morris by Questionable in finance

[–]YoMamma 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (0 children)

(No, GME didn't destroy Wall St. The SEC's approach will be interesting, however.)

GPT-4 Already Better Than Humans at Financial Forecasts, Modeling by Drewski in finance

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

Not only better, but perhaps cheaper than a financial advisor too.

GPT-4 Already Better Than Humans at Financial Forecasts, Modeling by Drewski in finance

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

Quick Cash: Get an Online Payday Loan Today by getquicker__loan in finance

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

Online payday loans are a quick and convenient solution for those unexpected financial emergencies. Whether it's an urgent car repair, medical expense, or a sudden bill, these loans offer a way to access funds quickly, often within the same day. The application process is simple and can be completed entirely online, without the need for physical paperwork. Borrowers typically need to provide proof of income, a valid ID, and a bank account. While payday loans are easy to obtain, they come with high-interest rates and fees. It's essential to understand the terms and repayment schedule to avoid falling into a cycle of debt. Responsible borrowing and timely repayment can make payday loans a useful tool for short-term financial needs.

versace eros perfume | MagCloud by cologne12345 in finance

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

fuck you

Bitcoin Paves The Way For A New Era Of Free Market Banking by Drewski in finance

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

THE FUCK IT DOES. Its just a way to track every purchase. evil. most likely a DARPA project. tisk tisk. nonono

Bitcoin Paves The Way For A New Era Of Free Market Banking by Drewski in finance

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

...Aaaaaand Trading is Halted. by Questionable in finance

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

And ofc I already sold my gme when it was practically worthless.

Sixty-three percent of new IRS audits last year were aimed at middle-class filers by Drewski in finance

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

🖤 InteractivBrokers CEO Thomas Peterffy confirms GameStop Wealth Transfer thesis. The shorts never closed, SEC confirmed. People have only secured their shares by DRS'ing and Buying more. MOASS IS TOMORROW 🖤 by Questionable in finance

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

You posted something from 2021. Perhaps next time post something that happened today?

The Federal Reserve Bank Is Insolvent 19 Times Over by Questionable in finance

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

Anyone notice how often ZeroHedge generates disinformation by taking one number out of a complex document, expecting no one to check it, because - let's face it - ZeroHedge is appealing to readers who don't know shit from Shinola.

So - have a look at the the report they linked - here: https://www.federalreserve.gov/aboutthefed/files/combinedfinstmt2023.pdf

Search for 'losses', if you want to see all of the information, or TLDR, go to the fifth page and look at the surplus of $6.79 billion.

Whore Index predicts a major recession on the horizon by hfxB0oyA in finance

[–]LarrySwinger2 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (0 children)

That's whore-able.

The Federal Reserve Bank Is Insolvent 19 Times Over by Questionable in finance

[–]Questionable[S] 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (0 children)

.

Trump Media shares plunge more than 15% after company files to issue additional DJT stock by neolib in finance

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

They try to trick you into thinking this is a bad thing.

They are issuing more shares, thus the previous shares will be worth less, but through warrants, the previous share holders will get a comparable deal, if fake news doesn't trick people into lowering their own stock's value.

Thus, if the value stayed the same, the market cap would be worth more. Yet, supply and demand doesn't sit on its ass, while supply increases; instead they factor in the future values change into today's value.

Simple stuff the majority of the population is too dumb to understand (we can thanks decades of pollution on purposeful poisoning for keeping us dumb and barely functioning).

Trump Media shares plunge more than 15% after company files to issue additional DJT stock by neolib in finance

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

It was just pure, raw Wall Street greed. Then fear.

Trump Media shares plunge more than 15% after company files to issue additional DJT stock by neolib in finance

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

The announcement of the sale of additional shares has a large impact on the stock value of any company. This announcement is just too close to the IPO. So they sold the stock and devalued it a couple of weeks later by announcing a dilution.

I can see the televitz ads for lawyers. “If you bought Trump stock at the IPO, call joo lawyers I Shyst Them to see if you qualify for compensation.”

Trump Media shares plunge more than 15% after company files to issue additional DJT stock by neolib in finance

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

You want to hear my hot WallStreetBet?

DJT is going to sink, sink, sink until August 31.

On August 31, take all the money you can and buy as much of the stock as you can. It's going to skyrocket.

Then as soon as it does - don't hold it. Fucking sell it immediately.

...I take no responsibility if this doesn't work, though