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- Feb 22, 2020
So what do you think the value of those bonds will be when the workers won't work for a valueless currency anymore?
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Hyperinflation
- Thread starter MarvinTheParanoidAndroid
- Start date
So what do you think the value of those bonds will be when the workers won't work for a valueless currency anymore?
Congratulations on joining Bagholders Incorporated. Enjoy your stay.
- Joined
- Oct 21, 2018
well Valueless in comparison to normal places, not Valueless like Venezuela.
the chances of that happening are very low, companies making mostly hard cash can pay the highest wages. they will outlast every turkish company focused on the domestic market, or the government,, the workers will stay because somebody needs to feed their families.
There is also a chance that the workers will not be allowed to leave work, the government needs the hard cash.
But i dont think any of this will happen in the next year.
- Joined
- Nov 14, 2019
You depend on my tax dollars to get your neetbux, pussy.
- Joined
- Feb 22, 2020
I don't even have to say anything.
- Joined
- Oct 21, 2018
you think turkey will break down to a point where companies with hard cash cant find workers?
- Joined
- Feb 22, 2020
Those will flee or have already fled if they feel things get out of hand too much. Where the breaking point is exactly, nobody knows. Everyone has their view, I have mine.
Please friend, tell me more about myself.
- Joined
- Nov 14, 2019
No faggot, give me my tax money back.
- Joined
- Feb 3, 2013
Just imagine it, everyone stops paying taxes to protest the governmemt, and a side result is shut in sped suicides increase dramatically which both reduces anime posting online and eases some of the tax burden afterward. It's a win-win.
Shabobus
kiwifarms.net
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- Dec 2, 2021
sounds a lot like a scenario involving Metaverses to me, working, playing, meeting friends through VR/AR while not moving an inch from their 10m2 apartament
- Joined
- Aug 21, 2019
Bump
Inflation in the US has hit 9.1% year over year blowing away expectations of 8.8%.
I still don't think the US is going to hit actual hyperinflation, I just think we're in a late-70s early-80s situation, but I wonder how people who were saying it was literally impossible feel about it now. Anyone who was previously saying people who expected consistent high inflation are retarded in this thread have any thoughts?
My prediction is still 2-3 years of stagflation followed by a recovery as it has been throughout this thread.
Inflation in the US has hit 9.1% year over year blowing away expectations of 8.8%.
I still don't think the US is going to hit actual hyperinflation, I just think we're in a late-70s early-80s situation, but I wonder how people who were saying it was literally impossible feel about it now. Anyone who was previously saying people who expected consistent high inflation are retarded in this thread have any thoughts?
My prediction is still 2-3 years of stagflation followed by a recovery as it has been throughout this thread.
- Joined
- Jul 4, 2014
My Prediction is we need to stock up on lube. A Mad Max like car always helps.
- Joined
- Apr 28, 2019
I agree and in part because the dollar will likely stay very strong for awhile which makes imported goods cheaper (keeping inflation in check).
Where else are people going to park their money for safety? Let’s look at the options:
Europe: literal war on the continent and imminent energy shortages. UK isn’t much of an option either due to proximity and lack of economic weight now that it isn’t in the EU.
China: run on banks and unpredictable lockdowns because of the sniffles. Also a shit ton of people are now not paying their mortgages all at once apparently.
Other Asia: No one country has the economic power of the US, also threat of food insecurity/shortages are looming.
Africa: LOL
Yeah, North America is probably your safest bet and I think nearly all investors realize it. Paying more for things and an economic slowdown is not the same as running out of food or energy.
wtfNeedSignUp
kiwifarms.net
- Joined
- Dec 17, 2019
There's Crypto who's entire point was avoiding the case of money printing issue by.... Ahahahah who am I kidding, you'd need to be beyond retarded to stake your wealth on funny internet money that can be dumped at any time by whales.
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- Feb 28, 2015
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- Jul 18, 2017
It is already higher then that if you add the price of gas and food.
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- Mar 25, 2021
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- Jul 18, 2017
Last edited by a moderator:
- Joined
- Jul 1, 2017
In March 2020 silver hit a little below $13. This is likely the price floor (in today's money, adjusting for inflation) given the demand for silver in industry and the price manipulation of silver where they can't totally crash it for their own gains. If it gets low enough then silver is DEFINITELY worth buying since within a few years it might rise by a few dollars (even adjusting for inflation) meaning you can actually make money off it.
But the best silver is still the CWC coin. Imagine not owning several CWC coins, since that silver will let you buy anything. Thanks Null.
Buy gold too, the price is less volatile although will still hit record lows and you'll still be able to make off it. It seems to be doing better than leaving your money in the bank right now and long term will of course do better.