Hyperinflation

  • 🔧 Actively working on site again.
Badungus Kabungus said:
HHH sounds like a miser, lol. Do you always buy day-old bread at the bakery?

Edit: Looking closer at your calculations, seems you never owned property. Never. $10k per year to cover mortgage and all expenses for a house? You must be living somewhere with no sewage, power, water, air conditioning, internet, security system, or really anything other than a bare concrete shell. How much does it cost to fix a fence? Or a roof? Or to replace an AC unit? I smell renter all over you.
Click to expand...
No, you can cover all of that for about 10 to 15k depending on where you are. A 30 year loan term is pretty standard now, especially if it's your first house and with low interest rates and refinancing you can minimize yearly costs. Do you not understand what math is?
 
  • Agree
  • Autistic
Reactions: Toolbox, Captain Hastings Official, Hollywood Hulk Hogan and 2 others
Take your slap fight elsewhere, this had been a fun thread to stay caught up on. @Badungus Kabungus You're half the problem, stop engaging. If you can't control yourself use the ignore feature.

We all know bad inflation is on the horizon, and this is a fun thread to speculate about it. A safe place for those in the know. If random libtards piss you off so much wait until the collapse and we can go hunting them for sport or whatever will make you feel better then.
 
  • Agree
  • Mad at the Internet
  • Like
Reactions: Pope Julius IV, Marchesa of the Vast, not william stenchever and 6 others
Badungus Kabungus said:
Edit 2: How the fuck did you find a reasonable house for 300k? I'm looking at properties around Colorado, for example, and anything even remotely acceptable starts at at least 600k. Colorado isn't even that expensive.
Click to expand...
What the fuck is a reasonable house to you for it to only start at 600k?

Badungus Kabungus said:
I honestly kept trying to keep it on track up to a certain point. But I guess discussing the possibility of hyperinflation in the US is white supremacy or something. Anyway if it does happen, it will happen in Canada first.
Click to expand...
No, hyperinflation in the US as we've stated multiple times before requires very specific circumstances to occur, and the US does not fit any of those categories aside from increasing the liquidity pool - which can just as easily be shrunk. The current price increases are related to the lack of goods not to overall long term inflation. As soon as the supply chains sort themselves out again (mostly to do with manufacture bottlenecks right now) prices will drop again.
 
  • Agree
  • Autistic
Reactions: Hellbound Hellhound, Hollywood Hulk Hogan and knobslobbin
Badungus Kabungus said:
I honestly kept trying to keep it on track up to a certain point. But I guess discussing the possibility of hyperinflation in the US is white supremacy or something.
Click to expand...
You started it though and you know how this shit would end because even A&H knows this. Somebody was probably going to have a really good idea about how to hedge against this shit but now they see his Biden pimped ass and they'll probably write it off be because you dragged this shit here.
 
  • Agree
  • Like
  • Optimistic
Reactions: not william stenchever, Toolbox, melty and 4 others
Shadfan666xxx000 said:
You started it though and you know how this shit would end because even A&H knows this. Somebody was probably going to have a really good idea about how to hedge against this shit but now they see his Biden pimped ass and they'll probably write it off be because you dragged this shit here.
Click to expand...
Let's be honest here, if anyone had a brilliant idea how to hedge against hyperinflation, it would be severe power-levelling to post it here. And I'll see HHH in the Pastadome if he wants to share more of his genius financial knowledge.

Re hedging, if you're not doing the boomer thing of stocks/bonds, the common solutions are land, commodities, and debt. Having a few rental incomes can make quite a tidy profit during this period as the rent will be increasing with inflation while your mortgage can remain fixed. I'd stay away from gold unless you just want to have some gold coins for the fuck of it. Trying to conduct a transaction with gold is extremely nerve-wracking, I'll tell you that.
 
  • Mad at the Internet
  • Dumb
  • Optimistic
Reactions: not william stenchever, secret watcher, Hollywood Hulk Hogan and 2 others
Badungus Kabungus said:
Let's be honest here, if anyone had a brilliant idea how to hedge against hyperinflation, it would be severe power-levelling to post it here. And I'll see HHH in the Pastadome if he wants to share more of his genius financial knowledge.

Re hedging, if you're not doing the boomer thing of stocks/bonds, the common solutions are land, commodities, and debt. Having a few rental incomes can make quite a tidy profit during this period as the rent will be increasing with inflation while your mortgage can remain fixed. I'd stay away from gold unless you just want to have some gold coins for the fuck of it. Trying to conduct a transaction with gold is extremely nerve-wracking, I'll tell you that.
Click to expand...
I have a full time job and live pretty well and don't make near $400k. Saying $400k is middle-class is completely retarded
 
  • Agree
  • Dumb
Reactions: the fall of man, Blasterisk, Hellbound Hellhound and 1 other person
knobslobbin said:
400k/yr is upper middle class. Now leave.
Click to expand...
Are you fucking retarded as well? It's pretty upper class. The only people I know who have income in that sort of scale run medium to large businesses or really play the stock market/renting game. That's not upper middle class. That's being among the rich.
 
  • Agree
  • Informative
Reactions: secret watcher, Hellbound Hellhound, Hollywood Hulk Hogan and 1 other person
So anyway, back on topic. Inflation numbers I actually trust are showing us climbing past 6% already. I expect it to get worse as government spending(printing) accelerates throughout the year.
printerGoBRRRR.gif

My grocery bill, gas, and energy bills are all showing steady increases. I live in a red state that a lot of people are fleeing to, so unfortunately housing and land here are already up over 10% YOY.

I don't know if we'll actually hit hyperinflation or just see a return to stagflation type numbers from the 70s, but either way I'm hoping my hedges will help.
 
  • Like
  • Thunk-Provoking
  • Dumb
Reactions: Justa Grata Honoria, Pope Julius IV, Marchesa of the Vast and 4 others
Techpriest said:
Are you fucking retarded as well? It's pretty upper class. The only people I know who have income in that sort of scale run medium to large businesses or really play the stock market/renting game. That's not upper middle class. That's being among the rich.
Click to expand...
I make more than that, so as the richest fuck here I deem this discussion about what poors think isn't poor moot and beneath me. Go shit up a different thread.
 
  • Mad at the Internet
  • Like
  • Autistic
Reactions: Homegrown Homophobia, Blasterisk, secret watcher and 3 others
I've decided, as a rich person, that once the hyperinflation sets in I will make it a game to buy both Techpriest and HHH from the slave markets to use as my personal servants. You both better be pretty hot, please start a workout routine now otherwise you'll be punished.

I'm not sure if the economic collapse will usher in a hunger games like distopia or more mad max like, but either way you will regret shitting up this innocent thread about hyperinflation sperging.
 
  • Like
  • Mad at the Internet
  • Horrifying
Reactions: Justa Grata Honoria, 💗Freddie Freaker💗, Pope Julius IV and 12 others
knobslobbin said:
I've decided, as a rich person, that once the hyperinflation sets in I will make it a game to buy both Techpriest and HHH from the slave markets to use as my personal servants. You both better be pretty hot, please start a workout routine now otherwise you'll be punished.

I'm not sure if the economic collapse will usher in a hunger games like distopia or more mad max like, but either way you will regret shitting up this innocent thread about hyperinflation sperging.
Click to expand...
Wow I'm so fucking scared now. Truly you will be the great lord of the post apocalypse and not shanked by some hobo over bread.

Hyper inflation ain't happening and y'all are being doomer speds.
 
  • Agree
  • Like
  • Informative
Reactions: Absolutego, secret watcher and Hollywood Hulk Hogan
You must log in or register to reply here.
Back