Archived threads in /biz/ - Business & Finance - 6360. page

>>1652542
>seize the printing presses

Or more accurately: Just seize the banks. It wouldn't change anything in the economy, people/companies would still have their savings, and the state is a more reliable creditor than any bank anyway.

>>1652542
You've conflated several questions:

There is no merit at all in the central bank being in private hands. Apart from the USA, every country in the world has either nationalised their central bank or had it in the public sector from the beginning. But too many Americans had such a strong ideological opposition to nationalization that governments have been afraid to do this.

Fractional reserve banking is not a problem because its critics (and some of its supporters) are ignorant about how it works. The amount a bank can afford to lend is totally unrelated to its reserves; the two actual limiting factors are the Basel capital requirements and finding customers they can profitably lend to. See http://www.bankofengland.co.uk/publications/Documents/quarterlybulletin/2014/qb14q1prereleasemoneycreation.pdf

Money gets borrowed into existence, but for government debt and a public sector central bank, that's just an accounting convention. They could change their accounting procedures and create money without debt, but there is an opportunity cost to money creation, and having debt on record makes it much easier to compare options.

Unfortunately, the public have fallen for the meme that governments must eventually pay off all their debt. Hence they advocate actions that are very harmful for the economy, in the mistaken belief that they're good for the economy.

And make no mistake, having debt readily available is a good thing. Having to rely on savings would often make it hard to start businesses, and even harder to expand them.

>>1652542
>central bank chartered by an act of congress
>governors all appointed by the president and confirmed by the senate
>"""private"""

Who keeps on repeating this dumb meme?

>>1652507
thanks biz you're always there for me

Why are you getting an MBA to make 45k a year? You could just network and try and get a job in insurance without the time and money lost in doing an MBA.

>>1652632
I am dropping out to try to make that. I haven't dropped out because I haven't gotten the job.

I thought I made it pretty fucking clear I'm not going to autist-network my way into some job, so I am GOING to attempt to get a job WHILST maintaining my status as a student in case FINDING A JOB doesn't work out for me

I'd love to finish my MBA and make tons of money. But I'm going to a state school that is unimpressive and I don't network.

>>1652479
dunno. I travel a lot and I never see millennials anywhere. I assume they're hiding in basements or trendy internet cafes somewhere. Plotting to gentrify some unsuspecting neighborhood or other.

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I wouldnt call it a meme. it is somewhat true...not everything is a marketing conspiracy.

that isnt to say things arent important. safety, comfort, health is important. but wasteful luxury, like rolex watches is what is disappearing. millenials are seeing the facade of value those things posture

>>1652483
>but wasteful luxury, like rolex watches is what is disappearing. millenials are seeing the facade of value those things posture
You can say this about every generation, though. Most people can't and never will be able to afford a Rolex.

Go to any military base and the newly enlisted shitheads will still be wasting their paychecks on garbage like leased Ford mustangs that will get repoed sooner or later.

>>1652429
>authentic mexican resturant temperature

in mexico they give you chips from an oili gigantic bag they bought in the market one week ago. there is not such a thing like authentic temperature crap. thats an american stuff.
the secret is in the salsas.

>>1653116
Hello newfag

>>1653119
hello amigo.

dunno lol

Why does it have to be online?

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>>1652367
>He's not even the idea's guy!?

>>1652340
I'm sure if you look around online, you can find someone selling a book on how to avoid being ripped off.

>>1652340
This sounds more like a life problem than a biz problem. What exactly are you getting ripped off for?

Ask for a discount.

That was me. I still occasionally get calls about it, and tell the caller I'm not interested.

If only I could have poured my skills into someone in my area. The economist in me is very annoyed with the inefficency in my market.

Anyway, what do you want to know?

>>1652378
I wanna know how you got into it.


Did you work for a company as a detailer first? You must've had prior experience eh?

I've got a bit of money, enough to invest some and I was wondering if you could post those flyers again for ideas

I don't wanna get myself into something i can't back up, never detailed before

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>>1652413

Well I was a car freak since I was 16. Always waxing and detailing my car. I liked Meguairs wax, I used microfiber cloths on the inside, and had a way to get different stains out of cloth and plastic surfaces.

Anyway, I was out of work, and a friend asked if I would detail his car. I said it takes me all day and I completely overhaul the inside and outside of the car. I asked him for $200 and he agreed.

So I got there at 9am and started to work. I think I finished around 4pm. Then he handed me $200 in cash. And a lightbulb went off. I was like oh snap, I could make about $50k a year cleaning cars (assuming I booked a car every single business day, and never took breaks).

> I've never detailed before
See this is an issue. You need to know how to properly clean the inside and outside of a car.

That will also effect the customer management process. Some things will come out, others will not. you need to be able to say that no-one else could get it out if you didn't get it out.

I could type out the whole process, but it would take some fucking time mate.

Where do you live?

>>1652325
Where do you live?

You'd make a whole lot more than 40k if you started your own exterminator business.

>>1652329
Washington

It's an online magazine and I cut and pasted text from articles you have to pay to have access to, by the way.

>>1652299
>>1652300
Is this a joke? Is there a hot girl involved?

>>1652327
It's not a joke. I have a fetish being financially and publically humiliated by businesses, lawyers, bosses. I'm hoping to get screwed over. However, I don't know if plagiarism is that big of a deal or even using someone elses logo and pretending their work is mine but it has to be worth something.

Don't have an answer for your question, but Switzerland and Austria are beautiful as fuck.

Not sure why so many people there are so sad.

I use CommSec, I think NABs cheaper, CommSec is about 20 a trade but they do a special if you sign up you get 3 months or 10-15 (can't remember) free trades. Can open account online too which is easy.

Combank app

No. Update your resume and go find a better job.

your gonna sue.
>small claims.
>2 years of your life.
>might settle at best case scenario.
>might be able to afford to pay your lawyer with the settlement proceeds.
>not worth it.

>>1652229
Going to milk some unemployment for a tad then do this this

>>1652177
Lol, what the fuck are you talking about. I don't think you know what affiliate marketing is.

>>1652177
you might be retarded

Guru products are cancer. Stay away. Think for yourself and do good old fashioned research. Affiliate marketing is just 1 revenue source for your traffic. $500 plz

because the stock price goes down the same amount when the company gives out a specific number of money per share

>>1652098

/thread

>>1652098
>because the stock price goes down the same amount
Actually the price tends to go down by the amount of dividend less the marginal tax cost of the dividend. But you're close enough for 4chan. 8/10, B+.

>>1652044
he's a narcissistic moron, there's no way to know what he actually believes. He could be stupid or he could be pretending to be stupid. Most likely it's a lot of both.

>>1652044

Remember this:

Donald Trump is a master salesman and negotiator.

All the "outrageous" stuff he does is part of his act. Pick up 48 laws of Power some time. Half that book could be about him.

This is what happens when we elect a TV celebrity with no political experience. He's been tweeting retarded shit since he first joined Twitter

>>1652038
Hypothetically it can

>>1652038
>what is balance transfer

>>1652038
I just transferred $5000 from my Visa to Discover. It cost me 1% or roughly $50 to have 0% APR on the balance for a year.