Archived threads in /biz/ - Business & Finance - 549. page
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Governments print money because it's easier than raising taxes. They use this money directly for their purposes, and it reduces the value of everyone's money because there is more money circulating but no actual credit has been created. Creation of credit is complex, and is a service that experienced and well-established banks can perform.
Government operations become monopolies because they do not have to compete with other businesses in their efficient use of resources. Instead of efficiency, government can devote more taxes to their endeavors, and lower the...
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I don't see how the free market is the enemy of the govt, or vice versa... the government is there to protect private property / interests, and, lately, it has dedicated itself to protect the interests of commercial entities and rich people. commercial entities are OBVIOUSLY VERY interested in expanding their businesses...
Where there's a demand for money a supply will be provided. Why do you think a free banking system wouldn't be expanding the money supply at an even more rapid rate?
>>1095739
Inflation has not been a real issue for a decades. What you are saying is true of the past but at present (north american) governments just borrow money.
So why would you put money into silver, gold, or internet pyramid schemes to hide from it?
Did you really think that you could just dump ETH?
It's not that simple my friends. ETH is coming back.
Up almost a whole dollar in the lat 24 hours. Current price $5.25
Ridiculous amount of news is about to hit.
Ethereum just mined the millionth block. A major milestone.
ETH train is making another stop at the station. Don't listen to the trolls and haters. Don't let them talk you out of bitcoin 2.0
What do New Zealanders buy? What should be looking into for a lucrative investment
>>1097396
>move to a small town with fuck all jobs
>go on the dole
>spend your days masturbating
>???
>profit
>>1097423
Dole is like $200 a week
>>1097396
THE
ALL
MIGHT
$$$$$$$$$$$$$$$$$$$$$$
My parents want to sell their old house back in China. We haven't seen it since 10 years and apparently the Chinese housing market inflation has stagnated. Its current sell-able market price is about 230k USD, but my aunt offers to buy it for 184k USD.
My dad just asked me if we should sell it to her and I said no, because:
1) Doing business with family member, if anything goes wrong, hurts extra bad.
2) My family doesn't have income at the moment, dad's laid off, and we cannot afford to be generous.
Was my answer appropriate?
>>1097195
Seeing as your aunt is Chinese, she can't be trusted to not scam or jew you. Seeing as you and your dad are Chinese, your aunt can't trust you to not do the same.
It's tragic but you should cheat someone else.
>>1097200
Did you personally get scammed by Chinese?
>>1097209
DIDN'T WE ALL!?!?!?!?!
So /biz/, I which one of these degrees would be best for a career in banking?
I have got 4x A at a-level, In maths, physics, econ and business. Which one would open up the highest number of doors?
Fuck off don't need any more competition
>>1097058
Math all the way
>>1097058
quantitative finance
be prepared to compete
I'm a broke college kid who made $5,500 last year. I'm getting probably $400 in fed taxes back.
What are some small things I can write off to get back? Car mileage? I bought a car in July and put 6000 miles on it ever since.
>>1096905
>Income is 5500
>Bought a vehicle
Confirmed for literal retard.
>>1096910
I didn't buy it my dad did
Car mileage, clothes and food. Be creative
Hey /biz/
Im sick of being a chump and not investing into the stock market. I read the news everyday like an old ass man and I can clearly see what companies that could have potential to make it big. Ive been doing some research with online brokers I understand I should never pay more than $10 per trade and just2trade looks like a good ebroker website. But what should i do? I dont have a 401k or an IRA and I would just invest my own money diectly. What the hell should I or shouldn't I be doing?
You are on the right track bud
>>1096904
Test out free accounts with free cash. Learn your mistakes from those experiences.
When you are confident, enter the market.
As long as you can tell where the cash flow is going, you'll probably make money in the market..
>>1096904
>I read the news everyday like an old ass man and I can clearly see what companies that could have potential to make it big.
browsing pol every day isn't going to make you a millionaire senpai
is tesla motors overvalued?
>>1096850
yes. I am loading up on ford.
>>1096850
yes , but the new car looks profitable
>>1097044
their production have doubled each year and the gigafactory will accelerate that.
What about MSN Messenger and/or Hotmail caused them to fail?
MSN Messenger was the Facebook of my time (early-mid 2000s). It allowed for an absolutely free instant messaging platform cellphones of the time couldn't match. Social connectivity that was absolutely unheard of. But it died off faster than the time it took to create Facebook. Was it the lack of room for ad integration? Or something else?
I'm genuinely curious, because MSN messenger was ahead of its time in terms of social media, yet most people under 20 don't even know it existed.
hearing about MSN makes me nostalgia hard man.
for me, i just naturally moved to facebook as everyone i knew was, msn was dying out. i personally have no preference as i only use messenger functions.
Internet was still a relatively "new" thing for your ordinary schmuck, which means any large userbase was a teenage user base. For fifty average kids using MSN daily, there were barely half of their parents able to turn the computer on.
Any teenager trend is bound to die with the end of the kid's puberty, and most of the movement in the Internet marketplace was still teenager trends.
Can you think of one general public hit in the early 2000's which wasn't fueled by teenagers?
General public now is all ages so moves aren't as fickle...
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The competition was simply better.
Whats a good way to learn day trading? Any books? Whats good starting capital?
>>1097238
Get MBA and CFA.
Ticket is ten grand for pink slips, hundred to swim with the sharks.
30k and an interactive brokers account.
Start with the basics (Day Trading for Dummies) and go from there. Read everything you can get your hands on, practice until you're profitable.
>>1097238
get really good at coding or statistics (preferably both)
get job at a HFT prop firm or marketmaker
learn from people who are consistently profitable at intraday trading... stay, work hard and earn good money or quit, sit out non compete, and start your own operation
trading is automated these days - most of the easier edges are now gone to people with a speed advantage... very few manual traders survive - those that do won't share anything with you and have been doing this for years
Hey, /biz/, currently got approximately 6k as an emergency fund, and looking on ways to multiply that. What do (in b4 online savings/sucking dick)?
Google Netspend Savings account
>>1097247
Checked it out and came across Barclay's. Anyobe have any experience with them?
>>1097233
Don't invest your emergency fund, save it.
>Here's some over advantages - I have no hobbies, no interests, no friends. I'm one of those people who talks back to the radio - no girlfriend, no family. I will live here.
how would saying something like this in an interview IRL go? not the quote exactly but admitting I am incapable of small talk and am not a typical 'team player' or whatever HR departments are looking for in my 'employability' skills, but will be 100 percent knowledgeable and dedicated to the job and my area of work.
tldr is it possible...
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ca you simply not mention it?
>>1097064
I know that's probably the way to go, but the whole recruitment culture is bogging me down atm
>>1097070
I have no idea desu... just asking
>anyone ever been an order filler at a distribution center?
Yeah. Marine pipe industry and medical stuff. The marine/heavy industrial was more fun/interesting
Not a bad job for unskilled. Payed decently for what it is.
>>1097047
Was it hard on the body?
>>1097059
Can be from listing heavy boxes, especially if your technique was bad. Medial was most small lightweight stuff but a whole carton of some of the products might be heavy.
Pipe was obviously heavy, you use a forklift for the obvious stuff like a 16" valve but the danger is the stuff that's almost light enough to lift so you're tempted to take a shortcut and not use a forklift. Basically if you work smarter, not harder and use proper lifting technique it's not bad
So, all you Ethereum experts, please answer the following:
1) How is Ethereum better than Ripple?
2) How is Ethereum better than MaidSafeCoin?
3) How is Ethereum better than Bitcoin?
4) How will Ethereum deal with ever increasing blockchain size? It is currently a problem with Bitcoin, current blockchain is over 40GB and growing.
5) How will Ethereum deal with centralisation of mining pools? This was a problem with BTC.
6) How will Ethereum deal with forking?
7) How will Ethereum ensure the network is capable of making 10000 transactions per second and...
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>He's expecting the bunch of con artists shilling ethereum will reply to this thread.
>And he believes they will have any technical knowledge about these topics to give a serious answer.
>>1096446
I figured if they are promoting ETH they should at least know their shit.
>>1096439
Buy Ethereum
I've read about a guy who's making some cash using exoclick. What he does is he sets up different websites (mostly porn) and then place exoclick ads on them. For each click he gets some cash.
He has over 70 websites and it gets him like 100$ each month. Considering that these are on free domains and he doesn't really have to do any maintenance it is a nice source of passive income.
I started doing this too, but people rarely click on my ads. Any ideas on how can I improve my ratio? People go on the sites and I have several ideas on how to advertise...
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>>1096404
>70 websites
>100$/month
Does it seem like a profitable thing to you?
>>1096475
These are free domains and they need very little maintenance, so yes. It seems to be profitable.
>>1096521
If the domains AND the hosting are free, what's to stop him or you from making a thousand websites? Or a million?
