Hyperinflation

google anal-ytics suggests the masses are becoming aware.
inflation.png
 
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knobslobbin said:
I'm 50/50 on how inflation is going to hit residential property values. Rising interest rates would crush property prices, but will the feds actually let rates go up? Who knows.
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They said they want to, but who knows if they will actually pull the trigger. ECB kept negative interest rates for years, long after people said it should be impossible and it will go up any day now.

I swear the worst part of being an adult is realizing most people have no idea what they are doing any more than children and/or do not care.
 
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COCl₂ said:
They said they want to, but who knows if they will actually pull the trigger. ECB kept negative interest rates for years, long after people said it should be impossible and it will go up any day now.

I swear the worst part of being an adult is realizing most people have no idea what they are doing any more than children and/or do not care.
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Alot of them have the awareness of a goldfish
 
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mindlessobserver said:
Honestly I've thought about how the powers that be think they can get out of this, and the only solution I am coming up with is they will attempt to create a global reserve currency, and try and spread the pain of a dollar implosion around the G20 nations. This will require massive concessions on the part of the United States vis a vis China, and other peripheral countries like Mexico and Russia, but our fearless leaders will do it because they have no moral stake in whether or not the United States specifically succeeds. They only care about the international monetary system. We are already seeing this being done with the US treasury shipping hundreds of billions of dollars out of the country to the IMF in order for them to issue more SDR's.

I would say the best bet right now would be to try and lock in assets or currencies that will have good conversion to the new global reserve currency once the powers that be pull the plug on the petro dollar.
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So you're saying buy XRP?
 
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mindlessobserver said:
Nah mate, go all in on HBAR and SafeMoon

Also, good news everyone! More free money is on the way!

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I walked around a busy mall this weekend and I can't tell you how many families, white, Messican, black, I saw with 3, 4, 5 kids.

You got 2 kids under 6, 3 older, that's $1350/month. $16200 a year. Assuming an average combined state/federal tax rate of 18%, that is the equivalent of a $20000 a year job pre-tax. 40 hours at $9.61. Til they grow up. Of course once they start popping out kids themselves, your household income grows again.

In the past year, with stimmies and state/Fed unemployment-lets say $300/week state, $300 Federal bonus-a hypothetical family of 2 adults and 5 keeds has raked in $77300, of which only $62400 was taxable,. To get that much you would need to earn $90,900
pre-tax.

The poor in America are experiencing a windfall the likes the world has never seen, no wonder nobody wants to work.
 
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I dunno, the doom and gloomers are coming out the of woodwork lately.

www.bitchute.com

BRACE FOR IMPACT: "About to get much worse."

We are staring down the barrel of a confluence of several scenarios--each of which individually is a significant, life-changing event--but which are together conspiring is a dangerous and incendiary situation: food shortages, inflation, and a break…
www.bitchute.com www.bitchute.com

Notice he never gives a time frame or solid prediction for *when* any of this end of times shit is supposed to go down. I think the supply chain issues weren't helped by all the government handouts and the shutdowns, but it's coming back online and will unclog within 6 months is my guess. Not collapse....

And inflation is going to be a bitch, but not end of the currency as we know it type shit. Beginning of the end for the dollar sure, but that will take decades.

Food shortages? Yeah I don't see that happening at all.

edit: don't get me wrong I love a good shitpost/doomsperg chimpout post as much as the next guy :D
 
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knobslobbin said:
I dunno, the doom and gloomers are coming out the of woodwork lately.

www.bitchute.com

BRACE FOR IMPACT: "About to get much worse."

We are staring down the barrel of a confluence of several scenarios--each of which individually is a significant, life-changing event--but which are together conspiring is a dangerous and incendiary situation: food shortages, inflation, and a break…
www.bitchute.com www.bitchute.com

Notice he never gives a time frame or solid prediction for *when* any of this end of times shit is supposed to go down. I think the supply chain issues weren't helped by all the government handouts and the shutdowns, but it's coming back online and will unclog within 6 months is my guess. Not collapse....

And inflation is going to be a bitch, but not end of the currency as we know it type shit. Beginning of the end for the dollar sure, but that will take decades.

Food shortages? Yeah I don't see that happening at all.

edit: don't get me wrong I love a good shitpost/doomsperg chimpout post as much as the next guy :biggrin:
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Yeah, I agree. I don't think the dollar is collapsing, but I think we're in for a few years of 7-10% annual inflation.
 
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MarvinTheParanoidAndroid said:
Gold is also used in computers all the time, including the kind we send to space, and that goes without mentioning its use in dentistry. It also doesn't corrode, which gives it a 'lasting' value, as in it doesn't depreciate. It's unlike other metals such as aluminum or iron which can rust & degrade, especially against ultraviolet light, atomic oxygen and x-rays.
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>Gold standard reinstated
>Price of industrial gold skyrockets
>Price hike for electronics of all kind including smartphones
>Problem, bugmen?
knobslobbin said:
What about a money standard based on a basket of useful things that hold their value? Like gold, copper, oil, the price of electricity, porn outtakes, and the weight of a barrel of BigMacs. We could call it the electricSlickSparkleBeef.
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Anything people will accept from you in order to do what you want could be used as a basis for a money standard.
You know... like paper money.
 
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