So in 2008, the Fed printed around one trillion extra dollars to bail out the entire financial sector and supposedly prevent a second Depression. For the next 5 years, the Fed proceeded to print an extra two trillion dollars for a total of $4tril worth of assets held under the fed as of right now.
This prevents a total economic crash, this is true. Now the problem isn't whether it's true or false, the problem is who actually benefited from this purchase of assets and who paid the cost. The assets were exclusively held by multi-billion entities, specifically the mortgage-backed securities, which in layman terms, are peaces of paper that legally signify the fact that people owe money to banks. You let that fall apart, and banks would be unable to force collection of the mortgaged property, which means that either people get away without repaying loans and banks fail, or banks turn to the government which then starts forcefully collecting loans, which ends up with billionaires guillotined. And the best part? The ones who paid the price through the inflation caused by the Fed purchasing those securities were the common people themselves.
But let's ignore that and go even deeper. What would've actually happened if the supposed doomsday scenario occurred - if the economy actually crashed? This is something that quite weirdly no one thinks about, but are you actually sure that the scenario that the media has been drumming into your head for more than a decade so far, the supposed crash that you should be oh so afraid of, is actually bad for you? That you'd actually "starve" and that america would "die" if it did happen? Well, the crash didn't happen, is life easier for you now than it was 10 years ago? Perhaps you can afford more stuff, or work less? How exactly did pic related actually benefit you? And considering all of the above, are you still sure that you want to avoid the next crash as the media is desperately trying to convince you that its in your own interest?
The bank bail outs gave satoshi a reason to release the white paper for bitcoin So us neets are better off
But the reality is these numbers are not sustainable It's what I think everytime socialism is pushed on tv A lot of people are hurting and they're getting tricked into thinking more government is better When we lose our rights to land private property and guns we can no longer ensure survival
Leo Diaz
Doomsday was only delayed The people cooking the books are manipuating the population in their favor
Hudson Ward
>This prevents a total economic crash, this is true. Now the problem isn't whether it's true or false, the problem is who actually benefited from this purchase of assets and who paid the cost
Those who had the leverage to invest this cheap (low interest) money benefited greatly. Those who focused on saving, lost.
The reality is that inflationary economy will always have boom and bust cycles. As economy calcifies due to mergers, virtual monopolies, reductions of workers rights from NDAs/lack of of leverage, selloffs of unprofitable sectors the volatility becomes greater and greater. The peaks are higher because everybody tries to stuff their money into the only remaining moonshot industries where profit is possible (In the past - 3D printing! Renewable energy! ML/AI and weed right now.) The throughts are also deeper because there are no backbone industries to fall back on when the recession hits.
Daniel Allen
>When we lose our rights to land private property and guns we can no longer ensure survival >implying this makes sense unless your guns are best/biggest
user, I...
Carter Morgan
I know a good third of us are schizos but seriously being a doomer isn't good for mental health. I just wanna browse Jow Forums without all this ITS HAPPENING shit. I had enough of that from Jow Forums
Grayson Jackson
So from this graph, the best way to fix this is to have a cute little world war? Shouldn't be much longer.
Anthony Campbell
Did the big boy bombs help us in vietnam or afghanistan Did they help us secure our borders or dominate international trade We're 22 trillion in debt and for what reason
Brody King
The kikes are pulling the rug from the fake economy and setting the stage for the third war. They already own like 70% of the worlds wealth, they are not in it for money anymore, it's all for power and control.
This is what happens when you elect orange hitler-in-chief and challenge their thousand year old grip.
Gavin Turner
The question is how did ww2 diffuse the problem. What was it about ww2 that equalised the social strata? And how does it apply now?
Cooper Gonzalez
you also see it happen with ww1, maybe it was war bonds and things like that?
Adrian Bailey
>What would've actually happened if the supposed doomsday scenario occurred - if the economy actually crashed? This is something that quite weirdly no one thinks about, but are you actually sure that the scenario that the media has been drumming into your head for more than a decade so far, the supposed crash that you should be oh so afraid of, is actually bad for you? We've got a turd in the punch bowl. Shut it down.
Sorry ameri frens, this is a sad message but need to be told. US is the planet cancer since ww2. Yes you saved europe and stopped war, but the price now is too much clear. We are slave of your elites, we are slave of your shit lifestyle who is major reason of an incoming natural resource collapse. You ameri frens must revolt your elite, must stop this crazy only scope of being rich and delivery your fucking worthless democracy around the world. If you don't, we will do, and sorry, this will lead to mass extinction.
Screencap this.
Gavin Evans
I just read the roaring twenties wikipedia article... there seem to be great analogies to today. great depression #2 is inevitable.
Dylan Scott
>Saved Europe [Citation Needed]
Samuel Jones
What should the we do? Stock up on muh PMs, bullets, and water purification tablets? What's a realistic solution fo rthe common man?
Henry Ortiz
4 weeks of essential supplies, food and a way to get potable water, a form of protection (don't go overboard, you can waste a lot of money here for no viable gain), and cash on hand. Anything more is a waste of your money.
Grayson Stewart
>I just read the roaring twenties wikipedia article... there seem to be great analogies to today. great depression #2 is inevitable. How can we profit from this?
Nathan Wilson
>implying this makes sense unless your guns are best/biggest >user, I... You what? Faggot
>Is the crash actually bad for you? In the short-term, and in strictly material terms, yes. You get laid-off, can't find jobs, things get more expensive. In the long-term, perpetually bailing out the financial industry creates an imaginary economic crystal castle in the sky, that looks robust and beautiful on the outside, but is but a mirage. It's fairy dust. All our economy provides is access to cheaper consumer goods to distract the people from the fact that society has gone to hell. For capitalism to truly exist, we must allow the crashes to happen, force the financial elites pay for their mistakes, and let the truly resilient and creative market forces flourish.
Dominic Davis
Invest in gold and silver
Hudson Bailey
People will never accept this, especially not in a democracy, where the people who would be culled are eventually the majority of voters
Asher Collins
Perfect example of flat earth, thanks for posting this
Hunter Rogers
> For capitalism to truly exist, we must allow the crashes to happen, force the financial elites pay for their mistakes, and let the truly resilient and creative market forces flourish.
Preach it brudda. The bailouts are creating more problems and the Fed has to end. It's time the ones responsible for these decisions that have brought the country down, get what they deserve. This can't go on forever.
Julian Reed
>Bundy standoff happened >Ruby Ridge happened >Other standoffs happen >None of them were carpet bombed by US Airforce Hmm. It's as if the US Government doesn't use toys of war on its citizens
Not to mention Vietnam. Poor rice farmers slam dunking US Troops with shitteir weapons and skills. Fucking retard
Adam Gonzalez
lol I bet you voted for drumpf
Nathan Johnson
If we actually believe the 9/11 report those hijackers were the most cost effective tools with box cutters costs our country trillions of dollars each Get out of here with muh bigger gun fallacy this, those sand niggers bankrupted the strongest country on earth with box cutters
Gavin Hill
>If we actually believe the 9/11 report do you?
Nathan Brooks
The printing after 2009 was to prop up the stock market and make people believe it's safe to buy the last bags off of the elites.
Connor Gutierrez
>The printing after 2009 was to prop up the stock market and make people believe it's safe to buy the last bags off of the elites. How do the elites store their wealth?
Hudson Powell
>Implying billion dollar flying machines are key to winning an insurrection. I don't know what containment board you came from, but you should return there immediately and neck yourself.
>And considering all of the above, are you still sure that you want to avoid the next crash as the media is desperately trying to convince you that its in your own interest? Yes, duh. If the banking sector goes then business lending goes with it. This freezes business operations, prevents new startups, and kills off a lot of businesses, shrinking the economy, growing unemployment, which reduces spending, which shrinks the economy more, which grows the economy more. It's a death spiral.
Joseph Adams
>which grows the economy more grows unemployment more
Levi Cruz
>12581600 your hypothesis assumes that a better monetary system could not be adopted before/during a crash. it can and will
Julian Collins
What better monetary system?
Easton White
Do you think citizens with ar-15's will be able to defend themselves from the us military when drones with nerve gas are coming around shooting any individual person that they see has a gun?
Hudson White
kek this is retarded >muh nerve gas blow darts shooting from 6k feet in the air
Ryan Rogers
Real Estate or they're rich enough to not store it and give 0 fucks
Jayden Phillips
You think targeting software can't target fat americans from 1k feet? You are wrong. Don't make me laugh
