/biz/ - Business & Finance

I keep hearing the real inflation rate is somewhere around 8-10% rather than the official 1-2%
What proofs exist to back these claims up?

Anyone buying gold right now? Price is currently high, but on the other hand inflation must hit after all those dollars being printed right?

>>22810682
>socialism has been killing the US for 100 years. we need a reset back to free markets.
Jesus, This.

I am prepping to get an off grid solar cabin and homestead farm. It's just too stressful modern day society I want a place I can fall back on where I don't need to worry about this absolute state every single day.
Grey hairs at 30.

>>22709309
Anon if you're still there pull up a chair, this is complete financial collapse of the debt/ fiat system. It's going to get hairy.

>>18404047
> me reading about Kleros

>>18293781
Just use Kleros sir Use it and learn

>>18256356
Like physical gold you are storing at your house? Because I have slight concerns even about that.

>>15174309
Do you not understand the concept of a rhetorical question? I'm not asking for my own info, I'm using the question to highlight your guys' lack of understanding. You have no understanding of how corporations work, and you're acting as if you can just have debt become an instant burden and almost entirely unusable as a method of growth without problems.
You're used to being able to throw out opinions, receive no backlash, and assume you're right. You're not right. You're a fucktard. Trying working in a real corporate environment or a real market. Losing all your money on crypto doesn't count as "experience" in financial markets.
You're almost certainly a /pol/lack who thinks fiat is demonic and debt needs to be avoided at all costs, ignoring the concept of opportunity costs and so forth.
>>15174380
>conserve resources
Conserve resources means saving you money, deflation isn't conserving resources it's shitting on any borrowing/lending.
>There is still incentive to lend money.
Inflation HELPS the borrower, deflation helps the lender. You think student loans are bad? Just wait until deflation makes any sort of borrowing financial suicide. It's not that lenders would be afraid to loan, it's that borrowers couldn't borrow.
>So there is less expense on luxury. That sounds like an upside. More stoic minimalism and less mindless consumer culture could be a positive change.
You're conflating ideology and finance. Less expenditure means less jobs in the related industries.
>There would still be some incentive to invest. It's not like selling goods or services would become unprofitable across the board
I'm not saying business would be inherently unprofitable, but that expansion would slow since you'd struggle to fund expansion. Deflation slows, if not stops, expansion and therefore crushes incentive to invest. Businesses would need to use stock offerings to raise money for expansion (rather than debt), meaning continual devaluing of existing stock.

Already put in some eth, thanks to whoever that faggot was who made the previous thread.

>>13919018
I actually really like this image. He flew too close to the sun and his wings melted, in this case the wings are cheap money not wax. I know it's obvious if you know the story, but the way it works in financial context is great.

Buy platinum before SA crashes and 70% of refineries get mismanaged to bankruptcy