/biz/ - Business & Finance

>>30440541
>We are about to experience the same thing Germans in 1923 did
Correct

>>30410499
>Is something different this time?

>>30402712
there weren’t enough German dollars in existence in 1922 to pay for a Berlin tram ticket in 1923.

>>30398635

Not sure exactly how and when it will take place. I think that the world is looking for America to show its weakness in full before they rug it. I have explained before that debts are denominated in USD and that it is therefore in the best interest of China, Russia, etc. to wait as long as possible, patiently collecting worthless USD from their debtors and hoarding with those dollars suppressed commodities of every kind. I think that everybody will wait until America is quite clearly doomed and finished in full before they put an end to the dollar for good. That's why YCC is so important, because it's a formal admission of defeat for the dollar ("we need to print infinite trillions forever simply to keep things under any semblance of control") and is a stepping-stone on the way to the terminal stage of hyperinflation.

>>30382450
This is the end of it all mate. Don't let your normalcy bias deceive you. Look at a chart of the money supply and simply exercise your common sense. 20% of all dollars printed in only the last year, and it's only getting worse and worse. Why do you think they locked everything down in the first place? Because they needed an excuse for what they knew was coming. In 2011, things weren't in such a bubble that a 1.5% nominal yield caused the market to crash and the Fed had to implement YCC simply in order to get things under control. How do you expect the U. S. to recover from 40% real unemployment (source: ShadowStats)? It's over, it's done. And the rest of the world is ready to pull the rug out now and go back to gold.

>>30380060
Buy silver

Buy silver

>>30352932

>>30341942
>bitcoin will 10x
wait until you see how much the dollar is worth tho!

>>30312247
>Hyperinflation is a meme

>>30313057
Don't worry, I'd estimate that you still have a few days left to get your silver

>>30289078
Hyperinflation is already here, anon

Buy silver

>>30285214
>>30285391

>>30282163
Only a matter of time before this hyperinflated money supply comes chasing the minuscule (<$2 billion worth) supply of available investable silver

>>30274401
well then enjoy a repeat of 1923 Germany when a tram ticket cost more than all the German dollars in existence in 1922.

>>30243846
everything is fine. big daddy gub’ment gonna take care of you. who needs guns and land and silver when you can have a gov’t issued ubi crypto to spend on all the rations you could need each month.

>>30240993

>>30234743
>>30234799
Just look at how healthy everything looks, really sustainable, eh

This is fine

Repeating this here.

"My advice is to get the hell into precious metals while you still can. Either they do Yield-Curve Control within a matter of weeks and precious metals soar to the moon, or they let the stock market keep crashing and the over-leveraged banks go into a banking crisis (https://www.youtube.com/watch?v=9TSWnSzSES0).). [Embed] Either way the situation will cost the Fed tens of trillions and completely trash the dollar.

You also have the danger of an imminent COMEX default. Some people are talking about their fears of "deflation" now. There is no "deflation" whatsoever. We already have hyper-inflation in the correct sense of "an uncontrollable expansion of the money supply." You couldn't even get $2 billion dollars' worth of physical silver if you wanted it, and yet the money supply is now tens of trillions; that's how bad things are. So as soon as even a fraction of this hyper-inflated money supply chases the minuscule amount of metals available on the COMEX, that's it, that's the end of everything, the dollar is exposed as a fraud and you get wiped out if you're holding either bonds, dollars, or dollar-denominated assets. And this flash-crash might just be the trigger for it, quite as it nearly was in March 2020. People who talk about "deflation" are making two mistakes right now, 1) Not understanding the right meaning of the word "deflation" and 2) Confusing the paper COMEX price of PMs for the imminent real price. You might get lucky if you jump out now and try to catch a falling knife, then again you might simply wake up tomorrow and hear that the COMEX has defaulted and that gold is now $20,000 an ounce and see GDXJ soaring 5000% in the futures market like GME or a crypto scamcoin."