- Joined
- Mar 19, 2018
Which stocks would be the best to invest in if reparations become a thing? I want to make sure that I can continue profiting off the black man.
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So maybe I should short the stocks after reparations go through?Nothing. If reparations become a thing, all that cash would be spent within the week and any gains would be short term at best if any.
Could probably make a couple bucks reselling Nikes though. And if you're looking for new consumer electronics you could get some awesome deals once time to pay rent rolls around.
US M0 is about 5.8tn USD as of last month... the latest proposal is $1M for every African-American, so ~(47.8 million people * $1M each) = an extra 47.8tn USD going directly into circulation within the week (not financial instruments or savings, but really being used to buy and sell goods!), increasing circulating dollars 10-fold. Surely some of this will be soaked up into savings accounts, but in the medium run I have doubts that the US economy can absorb a sudden tenfold increase in money supply.All that cash would be spent within the week
What I got from this is that I should buy more weapons, gold, and Bitcoin.US M0 is about 5.8tn USD as of last month... the latest proposal is $1M for every African-American, so ~(47.8 million people * $1M each) = an extra 47.8tn USD going directly into circulation within the week (not financial instruments or savings, but really being used to buy and sell goods!), increasing circulating dollars 10-fold. Surely some of this will be soaked up into savings accounts, but in the medium run I have doubts that the US economy can absorb a sudden tenfold increase in money supply.
In that case, I don't think it would matter what you invested in, as long as it was outside the USA
I have suspicions that is exactly what proponents are counting on.I have doubts that the US economy can absorb a sudden tenfold increase in money supply.
It seems more likely that instead of flat cash payments the federal government will offer tax breaks (that black people don't pay anyway.)US M0 is about 5.8tn USD as of last month... the latest proposal is $1M for every African-American, so ~(47.8 million people * $1M each) = an extra 47.8tn USD going directly into circulation within the week (not financial instruments or savings, but really being used to buy and sell goods!), increasing circulating dollars 10-fold. Surely some of this will be soaked up into savings accounts, but in the medium run I have doubts that the US economy can absorb a sudden tenfold increase in money supply.
In that case, I don't think it would matter what you invested in, as long as it was outside the USA
I'm already on a path to leave the country, so I guess it doesn't matter anyway, but since I own my own business the amount of taxes I pay is astronomical (and I still don't make that much). If they were to push this through, I'd be gone tomorrow. Fuck fallback or safety nets. I could not afford to live here and take additional punishment for shit I had nothing to do with at all.It seems more likely that instead of flat cash payments the federal government will offer tax breaks (that black people don't pay anyway.)