Will the US Dollar Hyperinflate? - 35% of all US Dollar have been created in 2020, will this lead to hyperinflation?

guffreaky said:
could show you pics of South Florida when it was a shithole in the 50’s and from now where it’s one of the most expensive places to live in America and call it proof we’re doing better economically now than back then, or pics of neighborhoods that used to be ghetto as fuck and are now supremely expensive hipster hangouts.
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You could show anything as proof of anything retarded, which is why I didn't bother to prove anything. I didn't offer pictures as evidence. I offered them as a display of the obvious nature of how things are.
guffreaky said:
People love to hold this image of America 70 years ago as peak economy, but the truth is most Americans were even more in debt than they are now. Financial literacy was much harder to come by back then.
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Blah blah blah blah. I'm the devil's advocate and I'm going to be skeptical because my highschool science teacher said skepticism is good.
Yawn.

Look around you. It's obvious.
 
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I wasn't looking for you, @Aum, but here you are again, with the dumbest imaginable takes. Real talk, you gotta be pretty smart to be this dumb. Respeck.


Anyway, to get to the post I came here to make, I'd love it if the dollar hyperinflated. I'm in debt up to my eyeballs. It would be neat to pay it all off with six chickens and a handjob.
 
Sped Xing said:
I wasn't looking for you, @Aum, but here you are again, with the dumbest imaginable takes. Real talk, you gotta be pretty smart to be this dumb. Respeck.


Anyway, to get to the post I came here to make, I'd love it if the dollar hyperinflated. I'm in debt up to my eyeballs. It would be neat to pay it all off with six chickens and a handjob.
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Me: Highly educated and highly skilled people aren't inclined to work low skilled hard labor. This is bad. Things are more complicated and nuanced than "Educating everyone more is good"
You retards: herpa derpa doopity doo im gonna argue with you!

Honestly the only conclusion I can make is that you intentionally treat the things I say like they're silly as some kind of joke.

In the other thread you're referencing, sure, that was a hot take. But this one is ice cold and it's shocking to me it even got a single response let alone disagreement.
 
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Aum said:
Me: Highly educated and highly skilled people aren't inclined to work low skilled hard labor. This is bad. Things are more complicated and nuanced than "Educating everyone more is good"
You retards: herpa derpa doopity doo im gonna argue with you!

Honestly the only conclusion I can make is that you intentionally treat the things I say like they're silly as some kind of joke.
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Jokes are funny, your borderline retarded takes aren't, they're just sad
 
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Aum said:
Me: Highly educated and highly skilled people aren't inclined to work low skilled hard labor. This is bad. Things are more complicated and nuanced than "Educating everyone more is good"
You retards: herpa derpa doopity doo im gonna argue with you!

Honestly the only conclusion I can make is that you intentionally treat the things I say like they're silly as some kind of joke.

In the other thread you're referencing, sure, that was a hot take. But this one is ice cold and it's shocking to me it even got a single response let alone disagreement.
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From the Academy and the Lyceum to Oxford and Pisa, the fire of learning burned on. But when it reached the Christian Weston Chandler fan forums, it became a glorious inferno.
 
Sped Xing said:
From the Academy and the Lyceum to Oxford and Pisa, the fire of learning burned on. But when it reached the Christian Weston Chandler fan forums, it became a glorious inferno.
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It is a sad and pathetic thing to always be serious and be unable to laugh at anything.
But many people like you seem to fail to realize that the opposite is equally pathetic.
 
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Aum said:
You could show anything as proof of anything retarded, which is why I didn't bother to prove anything. I didn't offer pictures as evidence. I offered them as a display of the obvious nature of how things are.

Blah blah blah blah. I'm the devil's advocate and I'm going to be skeptical because my highschool science teacher said skepticism is good.
Yawn.

Look around you. It's obvious.
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I could show you a JPEG of Trump walking on water. Would you accept him as your lord and savior? How gullible are you?
 
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Austrian Conscript 1915 said:
Yeah, now that you show me these two pictures I am now convinced that we're living in a depression!
Come on man, give me a break. Everyone has a car, a smart phone, and a crippling amount of debt. At least give me a questionable statistic, like, I heard that in 3 weeks most Americans won't have enough money to buy sufficient food for their regular diet.
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ah yea the heritage foundation's take on poverty. poor households have 2.5 tvs and cable, theyre rich (materially)!!


DuckSucker said:
I think it depends on where you are. Because so many people dont use cash (there are places that dont even accept cash, like food trucks primarily, and certain things like venues at festivals or whatever) that they just have old bills sitting around. I switched to using cash for a week or so because my card expired and the new one got lost in the mail so I had to ask for another to be sent--and Ive only ever gotten cash back in old bills. Hell I had to withdraw more cash from the bank and I only got old bills because I wasnt asking for it in hundos.



Im wondering if there will be another real estate bubble, though, a lot of people are investing in land again because its seen as a guaranteed investment that will always hold value--but people are just doing it outside of California since California is a has-been kinda, its way too overvalued and people cant afford it. It seems like there's a lot of speculation, at least in Texas, although I dont think its going to do anything because people arent getting mortgages for it as easily.



Maybe not a real estate bubble, but a rental bubble that bursts. A lot of the people doing it are buying it, not to flip houses anymore, but to hold them for rental property or making them an AirBNB or some shit.
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oh the house values in the fly over are 90-120k overpriced right now. 3 months ago houses were in the low 200s are now fetching 300s + an extra 10-20k to get the seller to even glance at the offer. no inspection or waiver options too, you'll have to offer way more then.
 
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Yank dolaridoos have the advantage that everybody wants them, its the world's currency

High inflation comes not just from printing money but also if nobody wants that money

Go to a country with inflation problems and not even the locals want their national currency, houses, cars, anything expensive has prices in foreign currency, most of the time dollars
 
guffreaky said:
People love to hold this image of America 70 years ago as peak economy, but the truth is most Americans were even more in debt than they are now. Financial literacy was much harder to come by back then.
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how-the-national-debt-grew-in-2019-chart-1.jpg Dog, what the fuck are you talking about? The first thing you find on google if you search "average american household debt 1970" is an article detailing how American debt has exploded from 1949 to today.
You can read these if you'd like (I didn't) but it just goes to show how dumb your statement was
 
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Austrian Conscript 1915 said:
Dog, what the fuck are you talking about? The first thing you find on google if you search "average american household debt 1970" is an article detailing how American debt has exploded from 1949 to today.
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What? The debt went down in the golden years of capitalism (1945-1973), even according to your graph. The statement he made is dumb, but what do you mean by "debt has exploded"?
 
Seventh Star said:
What? The debt went down in the golden years of capitalism (1945-1973), even according to your graph. The statement he made is dumb, but what do you mean by "debt has exploded"?
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You know the difference between federal debt (debt held by the state) and consumer debt? That chart shows federal debt not consumer debt
 
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