Thread 60665331

Are we actually going to see a million dollar median house price in the near future? Million dollar “Bitcoins”?

Why doesn’t anything ever correct or slow down? How can assets just infinitely inflate?

Money printer went brrrrrrrrrrrrrr so line will go up forever

>>60665331 (OP)
assuming this isn't bait, because the USA takes on infinite debt using money that is printed out of thin air (and owed back with interest). there's the same amount of goods and services in the world, but we printed money from nothing.

>>60665335
>>60665337
If this were true why haven't wages adjusted in the same way e.g. house prices have?

>>60665361
immigration increases not only the labor supply but also decreases the value of labor

>>60665399
My rabbi told me to buy low and sell high. So wages are undervalued and the cheapest asset right now? How to invest in cheap labor?

>>60665331 (OP)
the government's policy is to inflate the price of goods by 2% per year, and any time it gets below 2% they print more money

so yes, housing will continue to go up... although has technically been crashing against BTC, S&P 500 for a long time

>>60665331 (OP)
no
things are gonna dump bigly soon enough
everyone and their grandmother is expecting asset prices to balloon forever. it can't be true

>>60665361
because the government allows companies to hire consuela to clean the hotel rooms, pajeet to work in tech, miguel to build homes...

>>60665424
that's not what i said. anyway robots and AI are going to continue to take jobs away from humans which will further increase the labor supply and also devalue labor. so it wouldn't be a good idea to invest in human labor. you should invest in AI and robotics honestly.

>>60665449
>>60665454
I'm geting mixed vibes here. Why are commodities still cheap then? And if labor would be going to zero it would be cheap to build a house, no?

Yes, if you keep allowing them to

>>60665471
>you only need labor to build a house
>not materials
>not land

>>60665424
I imported 20 jeets that I have living in 2 rooms and put to work like slaves on food delivery apps

>>60665331 (OP)
This is all thanks to the Planet Earth DLC Update that took place around 1900

>>60665484
>materials
Commodities are at 1970 levels. Silver for example is dirt cheap.
>land
Plenty of cheap land to buy. Government is giving it out for basically for free.
>>60665498
Based. Now we are getting somewhere.

>>60665446
>everyone and their grandmother is expecting asset prices to balloon forever. it can't be true
The basic assumption is, this can be true if the population keeps growing forever to pump the price.

That's why immigration is the key for both sides. It's the only way to hold the system from total collapse.

>>60665331 (OP)
The assets dont inflate they just rise in cost relative to inflation. The green candles don't necessarily imply added value.

>>60665521
then go build a house out of silver on the cheap land you found

problem solved

>>60665544
I guess that would be unprofitable because you just told me house prices are going to go down.

>>60665361
Offshoring, Chinese Vietnamese and Indian wages went up 3x as fast

God hates American wagies

>>60666080
>Offshoring, Chinese Vietnamese and Indian wages went up 3x as fast
Because of inflation?

>>60665331 (OP)
Yes, inflation is an effect of both printing money and the population on earth rising.
The stock will go down once either:
A. Birthrates decline to the point that population numbers decline
B: They stop printing money

>>60665446
A cheeseburger costing ten million zimbabwean dollars flaps around and smears cheese in your path, what do?

>>60666143
So why is oil getting cheaper then? God knows i hate you retarded inflation faggots so god damn much.

>>60666139
No because of private equity companies

>>60666163
Because Oil Production is rising?
>https://yearbook.enerdata.net/crude-oil/world-production-statistics.html

>>60666165
This anon fucks.
>>60666166
This anon is a virgin and will never have sex.

>>60666170
I mean you can demand physical reality, but however much you try to twist paper value through derivatives, futures and options, it's very simple:
supply and demand.

If oil prices are going down either supply has increased or demand has slowed down.

>>60666178
Adjust the oil prce for a 2% inflation and extrapolate from the 70 peak to today holy shit virgin faggot.

>>60666192
I don't need to do all that crap.
With a physical commodity like oil I can be farily certain that if the price decreased, either the supply deacreased or the demand decreased.
It's not quantum physics.

>>60666202
Pathetic NPC.

>>60666216
Bro, you're the NPC. You're living in a world where all these paper values are clouding your sense of what is physically real.

>>60666221
>no you
Imagine not taking advantage of trading fake numbers for real assets.

>>60666238
>https://ourworldindata.org/grapher/oil-production-by-country
This is the only chart you need to figure out why oil prices went down

>>60666245
>conveniently filtered chart
>not adressing demand
I see. Good to know i'm dealing with amateurs here. It's literally like taking a candy from a kid.

>>60665331 (OP)
Why not? Are you afraid we run out of digits or what?

>>60665331 (OP)
1. Print money -> debt grows
2. Spend money -> GdP grows
3. Debt/GdP stays the same
4. Go to 1.
There is no reason this cannot go on forever.

>>60665337
Look at this naive goy kids

>>60665361
Look at this naive goy kids