3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
You guys ready for the hyperinflation??
>>19072934yeah
>>19072934yup
>>19072934finally i hope your minimum wage keeps up with it
>>19072934sip
>>19072934>everything else down in pricedeflation is here excluding food
Yes
>>19072934>he doesn't know about the coming deflationfood price spike is temporary, we're about to see massive deflation
>>19074219there are a few possibilities. Inflation looks likely, there are a lot of factors, deflation is coming for obvious reasons, and the value of the dollar is going to go sideways because of global economic conditions.
>>19074162why would you put your money in a 401k when you could just put it in an ETF?
>>19074250Does that mean my silver and linkies won't moon?
>>19074270tax breaks
People underestimate the value of the greenback. America duped the world to make the USD replace the gold standard. In other words, USD is literally what all prices on anything is measured against, worldwide. Hyperinflation/deflation is impossible.
>>19074431Its a good point but because something hasn’t happened yet doesn’t mean its impossible.t. 70% in USD
>>19074431>Hyperinflation/deflation is impossible.>brainlet.jpg
>>19074270Tax benefits and employer matching funds. A Roth makes even more sense, since taxes are untenably low.
So sounds like /biz/ predicts both inflation and deflation. Cool, means 0 change
>>19072934Of course. Get rid of cash, shove all you can into assets. And debt is irrelevant.
>>19072934there will be probably be no hyperinflation, bonds yield are low, meaning people are more worried about delfation
>>19074431If everyone is convinced USD is gold, we will see deflation
>>19074431That's the reason Russia crashed oil and forced Saudis to switch sides. The biggest underlying asset of USD is gone. Petrodollar is no more. And everyone is dumping USD from their reserves and stacking gold.America will be dead in 2 years. As in break apart and stop existing in it's current form.
>>19074690No, means deflation until consumer spending picks up, then inflation. >>19074431Absolutely retarded. Other countries will just have even more extreme swings. And if you need to rely on pointing guns to make your shitty economic system work, it's a shitty economic system that'll have a bunch of problems like this. You gonna fix prices on your internal consumer goods as well burger?
>>19074690Why would anyone suggest deflation? Theyre literally using fractional banking and repos to create money out of thin air.
>>19074159>>19074219>Money printer go brrrr>Deflation is comingHow? Asking unironically.
>>19074154based schiffSitting on 50k of physical metals and another 50k in mining stocks (among other investments) Feels very comfy.
>>19074752Lol k
>>19074250Look at M2 velocity, lol. It’s deflation time.
So buy crypto and stocks, yes? Anything else?
>>19072934>/biz/ believes deflation is comingK,got it. Hyperinflation for sure.
It was nice knowing you goys :'(
>>19074790Because there a lot more "dollars" then actual dollars, read this https://www.zerohedge.com/markets/down-rabbit-hole-eurodollar-market-matrix-behind-it-all I dont know if this the best article on this subject but its pretty decent
>>19074752>Russia crashed oilOnly true thing in your post.
>>19072934Hyperinflation will come but not yet. Here is the six stages of how this whole thing will play out.stage one: exogenous event and liquidity crisis>some crazy shit (chinkyflu) happens>everything gets margin called and sells down, gold, equities, btc, all of it>dollar goes up because everyone is fleeing for cashstage two: dead cat bounce (YOU ARE HERE)>entire generation of traders have been trained to buy the dip>lol stonks only go up>idiots buy the dip>govt intervention (stimmy checks and SBA loans, Fed put ZIRP and bond buys)>equities go back up, gold goes back up, dollar goes down but still higher than where it was before because foreign demand for USD keeps it high and most traders are still shookstage three: market realization>people realize "hey actually now that I think about it, DO stonks go up when 30 million people are unemployed?">second big crash and margin call>stonks go down like crazy, gold kind of dips, another flee to dollar with dollar going up>international trade has driven to a halt and everyone has to service dollar denominated debt/needs dollars for whatever intl trade is still left so dollar in even higher demand then beforestage four: second govt intervention>govt sees that the value of their dollar has basically held in spite of massive printing>well clearly this means we can print infinite dollars without consequence>stimmy checks become permanent, absolute blow out of budget>all treasuries monetized by Fed>also probably more swap lines for Emerging Markets if they need it>because everyone else in the world still needs $$$ to service debts and intl trade (whats left of it) this only slowly starts to bring the dollar down which is what the Fed wanted anyways>market kind of recovers, but barely, gold and BTC begin really taking off
>>19072934Stagflation not inflation
>>19074790>nobody, business or consumer, is spending money apart from necessities this is how it begins
>>19074935agree mostly but gold wont dip again
>>19074779Which is contained within a closed financial loop..meaning deflation/stagflation
>>19074935This is all correct, except the step between stage 2 and stage 4 could happen in a week or less.
>>19074935stage five: second market realization>market looks around sees 30m+ people unemployed, many of whom don't even want to go back to work because they make more with no job>sees that the dollar is starting to dip and printing isn't stopping>sees the law of diminishing marginal utility beginning to clearly play out from fed intervention into the markets>literally everyone who has ever picked up a history book in their life sees where this is going>dollar begins to go down faster (Though not a colossal drop yet due to foreign demand), equities kind of crab along, gold and BTC are in full moon missionstage six: option A (foreign sell off)>the NIIP of the US is negative and foreigners begin to say "fuck this I want out of the US completely">sell their US assets to get dollars and pay off all their debt in one go>US equities finally crash, dollar is crashed, gold and BTC are both valued in the hundreds of thousandsstage six: option B (plaza 2.0)>Plaza accord 2.0, USD gets devalued against gold>this will be followed by plaza 3.0, 4.0, 5.0 because the govt WILL NOT stop printing to provide gibs>Eventual de-dollarization of intl commercestage six: option C>somehow the intl community sticks to the dollar>but everyone in the US is now purely using non-dollar currency>US becomes the new Venezuela where local currency is worthless in local economy>BUT because the USD is still used for literally everything everywhere else, it still retains value in foreign exchangeTL;DR buy UUP, SQQQ, VIX and wait until they're all spiking at the same time. Then sell everything and long metals and crypto.
>>19074935This... Absolutely this
I was at the market todayfucking 4 dollars for eggs?the fuck is this shit
>>19074935This is what Im expecting as well, dont really know how crypto is going to react, Im guessing a dump at first but people might believe that btc is a store of value
>>19074810I dont want to be an asshole but can you guys leave this board. I get it its corona times, normies are on their lil stay at home holiday and discovered the internet. But just go back to plebbit
>>19074935>>19075004>correct in theory>completely off in outcomesimilar things to what you have said have been preached since 2008 (and even before that)
>>19075024what's your normal price?
>>19072934€20k savings in gold reporting in
>>19075055~$3 here in the bay area
>>19072934>fuck inflationMan, pussy has been overpriced for ages already, especially wh*te girl pussy.
>>19075060>€20k savings in gold reporting inwat?
>>19074159theyll just monetize more debt and toss enough out in 1200 checks to stop mcdonalds from getting looted and global funding markets will thank them for it. they have it bad but on the upside at least they're not any of the other central banks/governments
>>19074431>the USD replace the gold standardWhy did they think this was a good idea at the time?
>>19075055like 1 dollar
>>19075035How about you go fuck yourself
>>19074935Great post anon!
>>19075087>Why did they think this was a good idea at the time?because despite the memes the gold standard sucked big time.
should I stock up on food
>>19075004>UUP holy shit I didnt know this existed, how does it work?
>>19075024temporary and is completely external to the fed.deflation is unironically coming
>>19075045In 2008 unemployment peaked at 7.2%. Do me a solid and tell me what it's at right now? Then tell me, going into an election year which politicians are going to vote against continuing to send these people checks?
>>19074821the monetary dynamics might say deflation but the supply chain and production side of things says cost push inflation/supply shock. stagflation is a possibility if they go too overboard with the handouts
>>19074935>>19075004I, too, have watched Mike Maloney's Hidden Secrets of Money
>>19075109We are overbuying and keeping meats in the freezer. Just do it. You'll eat it no matter what.
>>19074935based. would make 1 addition>gold/btc dumps for equities and alts and spx goes bull for another decade until the next crashIf crypto becomes useful this time around outside of cyclical trades, crypto might maintain a higher marketcap
>>19075004>US becomes the new Venezuela where local currency is worthlessyou damn well know they would just issue a new dollar with trumps face on every note and start all over again.
>>19075133stagflation may be a possibility, more likely deflation disruption on supply chain and production side of things isn't long-lasting
>>19074821
>>19074935extremely based post
>>19075045This time it really is different
>>19075035Are you just crusty this guy has a decent amount of investments and you have a toaster oven in moms basement?>>19074810
>>19072934All in bitcoin.
>>19075099He already fucked your mom
>>19075141Mike deserves more credit then he gets and I think he'll ultimately be right, but I also think he's on the wrong side of the short term inflation vs deflation debate and Harry Dent is right that short term we will see deflation (including a very quick bout of gold deflation).That being said if you're stacking physical, probably buy now because if recent history serves there won't be any gold to buy when the price dips.
>>19074810incredibly based, ignore haters. they aren't gonna make it.
>>19074935Only time will tell
>>19075251Nigger if you're going to screenshot my post get the part two >>19075004
>>19074983Is it really closed though? Just because the fresh money doesn't hit the consumer markets directly doesn't mean its effects are contained.
>>19075126>In 2008 unemployment peaked at 7.2%. Do me a solid and tell me what it's at right now?In 2008 half of the worlds populace wasn't locked up inside their homes so there is no comparison or similarity there.>Then tell me, going into an election year which politicians are going to vote against continuing to send these people checks?honest answer: stupid people. meaning most everybody votes against many of their own interests>>19075202>This time it really is differentBut who and what dictates that the outcome this time will be catastrophic beyond belief?Noticed how humanity survived the last ELE for example? (Fukushima)
>>19075228I'm really too young and too much of an amateur to have a relevant opinion on the deflation vs inflation debate. What I know is that I've seen the money scholars catching falling knives already twice in my lifetime, and my gut tells me that uncertain times can have unexpected results. So, obviously, I put nearly all my savings on gold, leaving out 5k for a pinch of silver and a dash of BTC just in case it ever moons again
>>19074969yeah, but why should prices fall if the measurement stick (total available currency/debt/dollars whatever) is ever increasing?
>>19075302>In 2008 half of the worlds populace wasn't locked up inside their homes so there is no comparison or similarity there.Exactly, it's way worse this time. And it's quantitatively worse enough that the results will be qualitatively different.>honest answer: stupid people. meaning most everybody votes against many of their own interestsLet me tell you who doesn't vote against free money: hungry people. If you have ever met a person that is hungry, and I mean really hungry, they will straight up kill someone for a sandwich. They're not going to hesitate to vote for someone, especially when they have already gotten that initial taste of the sweet govt gibsbucks.>>19075312You'll be fine but just be prepared to GODL through some rough dips in the next 12 months.
>>19075340>This guy knowsSo what is going to happen anon?
>>19075106>The only reason the gold standard sucked was because it didn't allow the government to debase the currency thus growing in size without taxing people directly which would have been unpopular.
>>19075106It sucked for governments and bankers, sound money was good for savers.The monetary crises were typically caused by government/central bank policy like fixed exchange rates
>>19075106Why? Having something inherently scarce as a reference sounds quite fool proof.
>>19075035I don't want to be an asshole but can you not act like a massive faggot. I get it its corona times, normies are on their lil stay at home holiday and discovered the internet. But just go kys yourself.
>>19075166>disruption on supply chain and production side of things isn't long-lastingWhy can't I buy toilet paper?
>>19075354you want my honest expectation?ABSOLUTELY FUCKING NOTHINGthe (((System))) will trot along just fine and continue what it is meant to do:>leaving the plebs in a perpetual cycle of debt slavery>enriching the richThe average person has been priced out of everything last year, the year before, this year, and the next year and for the years to come.Ownership is about to be abolished, everything will become a lease and at the end of the contract whatever it was you have leased will be taken away (and replaced)^UBI will make sure of thatJust remember how often over the last 15 years the housing market was supposed to "crash" once again.Yeah...
to goldfags in this thread, not that I think you're wrong, but something I've been thinking about lately:asteroids have quadrillions of dollars of gold on them, would this hurt gold prices when we're able to mine them? on one side I see the argument that mining asteroid isn't economical, but curious
>>19075228I had trouble getting silver. Did get it, but it took 6 weeks. Care to explain why the SQQQ didnt pump with recent market crash?
>>19074790Lack of demand, no conooming = falling prices.All that money being "printed" is the Fed buying bonds and other fixed income to give banks cash to make loans. It's not like they are giving Fortune 500s and the banks money to spend on new shit. They are rolling their garbage bonds for them is all. When the Fed buys $500 billion in corporate bonds it's getting dollar denominated bonds with fixed coupons. Yes, new debt is getting created, but those corporations are still doing layoffs and slowing production. They are mostly borrowing to cover principal on older bonds.The pump is inflating some assets (see the NASDAQ being up on the year at 25% employment) but that's because richfags hold all the wealth and have nowhere else good to store their money and are trying to ride this thing up.Plus, the Treasury is going to issue $5 trillion to cover this year's mega deficit, so all that money is getting sucked right back out soon.
>>19075340regardless of how much is printed if nobody is spending prices drop by companies hoping to get some sales. people see prices dropping and hold off on big purchases (cars, homes) thus beginning the cycle of deflation
>>19075455Nigger what it went from like $15 to $32
>>19075356>>19075367>>19075379lol you need to do your homework and look this shit up. the gold standard sucked for everyone and was abandoned long before it was officially abandoned (that was just an admission of guilt)
>>19072934We're in a deflationary period
>>19075446It will likely never be economical so the argument is irrelevant.
>>19075446not happening in this lifetime unless one happens to crash into earth. no fucking way america is going to allow that level of overflow come to pass. think about it like this, the diamond trade itself is massively overcharged and on top of that we can synthesize pure rocks in a lab for cheaper, so why doesnt this topple the business? because the powers that be do not want it. they have the money, the resources, the people.
>>19075485again, theory vs. outcomewith the money printers at full BRRRRRRR companies theoretically could just take on more debt to pay peoples salaries.in this environment, sooner or later, it will become obvious that companies do not need sales anymore to existjust look at the much REEEEE'd against Tesla.>theoretically bankrupt from the start>Tesla'ing away just nicely in outcomeWe're in fantasy land, Anon.Everything is fucking possible!
>>19075500Oh you watched one youtube video about the gold standard and now you're fucking enlightened? You don't know a fucking thing. Go buy some more dogecoins you penniless shitstain weeb
>>19074935People have been predicting "muh hyperinflation" constantly since 2008. Inflation has been consistently low instead.Supply chain shock is more likely than monetary policy, and inflation might be high but it's not going to be hyperinflation.Babies first history is German hyperinflation and now every person with an internet connection thinks they're a genius predicting something that has never come close to happening in a developed country in a century.
>>19074987Eh, stage 4 requires congress passing permanent gibs in legislation. That could take a while, especially if they have the mainstream meteor talk it up a bunch first.
>>19074154>buy gold>money inflates>gold goes up a bitCan still only afford the same amount of things. Great investment.
>>19075550>greatly constrained... no stunted the growth of the economy>was unstable with constant frequent booms and busts>nobody was willing to lend in busts when people needed loans the mostit was shit in every fucking aspect.
>>19075446>be you>Elon Musk of mining asteroids>invest billions of dollars in spaceships, mining equipment, AI and logistics to carry the gold back to earth>finally succeed>commence asteroid mining>now have a quadrillion tons of gold>market is suddenly oversupplied as it never was before>gold is now worthless>shiiiiiiiieeeeeeeeet.jpg
>>19075593DELETE THIS
>>19075270>Posts retarded cookie cutter "ahhh mega inflation is right on the horizon this time," narrative that shows an ignorance of even macro 101 level knowledge.>Uses casual racial slurs reserved for use by the plebian classes.Like pottery.
America is and always will be the most powerful state on earth.
>>19075593also you might want to add>pays 40% premium
>>19075495Im from EU. Bought it from a mints dealer that has good delivery. Bought right at the dip in march. Didnt buy coins, bought bars. Care to explain how does a SQQQ work? Why didnt it pump when nasdaq fell?
>>19075632>they said the same about rome
>>19075632if you wanna know the future of America, look at the history of Brazil.
>>19075656No not your silver SQQQ went from $15 to $32.SQQQ is a short on the S&P, not the Nasdaq.
>>19075557Inflation was low. US prices of education, healthcare, homes went up. Devaluation of peoples time went also up. You might not see it in the yearly inflation number but its there. Hiding just like the nigger who fucked your wife and hid under the bed. Its gonna have to come out eventually, ya' know what i mean?
>>19075446rock and stone!
>>19075704Oh fuck. My bad, didn't zoom out. This seems like a really good potential buy if you want to short nasdaq...
>>19075656>Care to explain how does a SQQQ work? Why didnt it pump when nasdaq fell?Just goes to show you how ETFs will jew you out of your theoretical gains IF (big IF) the shit might actually one day hit the rotary oscialltor.
>>19075606Thats not going to happen any time soon if ever.>>19075557Home prices quintupled in my area since 2011. Stop lying that inflation is low
>>19074935so the market is gonna crash just because investors realize that 30M disposable employees are no longer employed? lol
>>19075600Not true. We saw the greatest economic growth during the so called gilded age when we had a gold standard
>>19075763that was really my point m8
>>19075675i don't see any barbarians crashing at our gates. europe invited them in, but we didn't.
>>19075770>30m homeless people if not for the ban on foreclosure/evictionyeah anon. It is a real problem.
>>19075675>>19075696Cope geography/demographylets
>>19075704>SQQQ is a short on the S&P, not the Nasdaq.Dude, just stop.PicrealtedDon't listen to this guy, >>19075742
>>19074974Lmao you and every other youtuber say this...that’s how I know it’s going to not dip but crash
>>19075350BASED posts anon.. so should i exit my crypto positions, and hold until the major dip happens?
>>19075770>dude disposable employees lmaoEven if it was true that companies could shed 30m with no issue, that's still 30 million people not spending money
>>19075816Name me one nation in history that has thrived, economically or otherwise, with uncontrolled niggers. I'll wait.
>>19075816>t. faggot who's never studied historyif you think any nation stays on top forever you're mistakenwe'll be strong for a while, sure, but economically speaking as soon as we lose reserve currency status we're fucked (look at what happened to UK) and that's coming sooner rather than later
>>19075757It actually went up a bit. But not as much. As he said: >>19075704Also there might be jews that are trying to accumulate it. How can it be at its all time low. Put options before the crash in march were a lot cheaper than they are now (as i last checked). So people are realizing that the music might stop, but this ETF hit its lowest point. Weird. Guess no one wants it at the moment, or its not as popular as shorts, and puts are. Thoughts?
>>19075851Wakanda
>>19075851America has succeeded with uncontrolled niggers since 1865>>19075864America has the strongest military, the best farm land, the best geographic position, the best age demographics (in the western world).America is one of the least integrated economies on the planet. America is self-sufficient. Your the one who hasn't studied history.
>>19075864China is coming with the(((BTC backed YUAN)))
>>19075869>Thoughts?I honestly don't know.
Do you all really think that China, who has only thrived economically because of the international trade security that the USA provides, who has completely destroyed their demographics with the one child policy, who in the event of a US retreat from the thankless task of patrolling all the worlds oceans will be able to import enough food to feed themselves?China is overhyped. Japan is the real king of east asia.
>>19075895America's niggers have been under control from 1865 until 1965. It's been going downhill ever since then, slowly at first, and full speed now, and you know it.
>>19075915SQQQ seems like a good buy desu. Would only throw in a 1-2 hundred bucks anyway. Would probably get fucked if we went straight to inflation, and "numbers go up".
>>19075932>will be able to import enough food to feed themselves?Like the Chinese elite cares.Also the Chinese have a big enough BRRRRR machine already. One shouldn't underestimate that.
>>19075932>JapanHurrrr
>>19075864>if you think any nation stays on top forever you're mistaken
>>19075004>>19074935>Reddit: The Predictionthis is like every simpleton's analysis of what's going to happen. That's why it's not going to happen.
>>19075971I actually meant SPXU but just get short US equity indexes.
>>19076056What kind of returns do you think these ETFs might provide, if economy goes to shit and lets say Sp500, and nasdaq drop 50%+ ?
>>19074716Lmao, bond yields are low because fed pants are on fire trying to buy all of the fucking treasury bills it can.
>>19075932The corona has evened out the pop and tthey have a growing middle class
>>19075895agree with everything you said. but we have the strongest military because of the fact we outspend just about every country 10:1which proves my point, our country is run by incompetent leaders who are destroying the value of our dollar by extensively borrowing. china/russia/middle east are actively pushing against USD as reserve currency for a reason, and historically speaking reserve currencies only last several decades, USD is overdueagain America will be a superpower for a while but economically we're fucked
>>19076084Not Bitcoin in 2017 returns if that's what you're looking for.It's just a short ETF, sometimes with leverage. You can pick 2x or 3x ETFs depending on your risk profile.
>>19076096thgey just started buying bond ETF's so now money is chasing the FED>>19074716youre dumb
>>19076127In 2009, both were pretty high. Maybe if trend changes and we start dumping. >>19076109They might try to enforce the dollar as reserve currency with their military. As petrodollar is. Remember what happened to leaders who refused to sell oil for USD? They didnt make it...
>>19075789whose ass you pullet that bullshit out of?
>>19075593Gold is utterly retarded. The ONLY feature it has that it can maintain your wealth over time. Not grow it, not shrink it*[*] That part is a lie because there is no way to "invest" in gold with little fees. ETFs are expensive. Physical Gold means paying for shipping or paying a markup at shops and then having to store it somewhere (either in-home vaults or expensive bank vaults)...oh and it's hardly liquid as selling means paying a fee again.
>>19075459>Plus, the Treasury is going to issue $5 trillion to cover this year's mega deficit, so all that money is getting sucked right back out soon.can you elaborate? does this means the banks will continue to be in business make loans, new debt, and over inflate assets (i.e. dollar)
>>19076171sure, but that goes to show there's already pressure against the USD. maybe it doesn't happen this year or next but within the next decade or 2 USD is no longer reserve currency and impact will be catastrophic
>>19076084I mean no disrespect, Anon.But reading your posts regarding ETFs and leveraged ETFs in particular seems to me as your theoretical knowledge of these products is lacking.I implore you to read up on how leveraged ETFs (such as SQQQ) work at https://www.investopedia.com/articles/exchangetradedfunds/07/leveraged-etf.asp for example.This knowledge might save you money at some point.
>>19075789>>19076172Gold standard prevented these boom and bust cycles by default. Asset prices raised slowly. But you had more buying power than you do today. Actually if you wanted to stay ahead of the majority, you shouldn't keep your savings in dollars or euros, since they are susceptible to inflation. Therefore savings are worth less each year. This is the main jewish trick they get you on. You gotta keep working if you want to feed the family.
>>19076224Was just reading onto the same article. But thanks, I can see its a bait for goyim. Only works if you time it right before the crash. Not happening. Gonna stick to crypto and PM.
>>19076203>literally 100% of mankind everywhere in all moments of recorded history is retarded, they should have asked ME, the master of money
>>19074162lol, what if I´m retiring this year or next year? how retarded can they be?
>>19072934mm I think prices are too low anyway
>>19075715this. also the towels got thinner, and I don't just mean towels
>>19072934Nigga I got $12k in a gold streaming company. I've been waiting all week for a broken dollar and gold swelling. RECORD profit Q2, gold miners are still turning and burning, get in while you can.
>>19075696I've heard it said that Brazil is the country of the future... and it always will be.
>>19076360Doesn't brazil have currently the highest homicide rate?
>>19074154> The Federal Reserve will print TRILLIONS and give it to the masses to stimulate the economy> This will drive up prices for everything making hyperinflation> So instead of buying stocks in companies that will sell the goods Americans will buy with the free money you should buy my stupid rocks
>>19076272Most of human history was quite retarded. Yes. We know better.
>>19076435do you? You're a shadow of any ancestor of yours, physically and mentally. You shouldn't think you're better just because you have access to more technology. You're worse in every other aspect.
>>19074779>>1907469Deflation phase is natural in a demand shock even though the whole process in long term including central bank actions was inflationary in long term.Acute demand shock>Over production, over supply>Storages full of crap>Forced liquidations >Equity markets lose value and are converted to cash>Foreign central banks sell usd denoted assets, either for liquidity, forex risk management or due to disbelief in the long term performance Inflation comes when acute crisis is over and suddenly there is trillions of extra stimulus circulating in the economy, defaulting loans are not creating natural credit losses (implying money created from debt never gets destroyed as supposed) because it happens in fed balance, country is debted as fuck and possibly goes into a debt/inflation spiral>>19074729>If everyone is convinced USD is gold, we will see deflationWell, that's one way to say 'if everyone thinks usd denoted assets are horse shit"
>>19076478Yes. I am physically weaker and more intelligent. I am not ashamed of it. My one AK-47 will kill all cavemen.
>>19076478>>19076272I can smell the /pol/cel through my screen
>>19076232show me that unprecedented growth... right into the great depression...also no on your shitty misinformed opinions
>>19076232Gold standard doesn't prevent boom and bust cycles it does make them rarer and typically shorter unless you get massive govt intervention like we did in great depression.
>>19076506>I am physically weaker and more intelligent>My one AK-47 will kill all cavemen.>...>I'm so more intelligent for being born in this era that my brain can't even function beyond the level of threat to survival>>19076539>1 post by this ID
>>19076419Why would anyone ever want to invest in something that increases in value year after year
>>19074935>because everyone else in the world still needs $$$I think you are over estimating dollar demand. Sure, its the biggest trade currency. But its already being held in foreign reserves quite a lot. Also, major ecobomies (oecd ect) hold more usd assets than liabilities.
>>19076541
>>19076585Thats what I meant. It could have worked.
>>19076360Only liberals say this to show the whites that brown's are developed country. The fact is, those shit skins are murderous monkeys who are enslaved by corporations.
>>19072934Want to sex milky boob tit and Vagner. Bitch lasagna
>>19075173Ehhh...M2V Vs. Trade Weighted U.S. Dollar Index: Advanced Foreign Economies, Goods and Services.There's some degree of correlation in extremes, ostensibly this is due to policy changes. Just as many times as there are apparent correlations there are decouplings. I'd postulate that insofar as foreign exchanges are concerned M2V is just as often meaningless. But what do you think?
>>19074752If petrodollar were the only thing relevant to dollar valuation, countries would buy as much USD as they needed to purchase their oil supply. Instead, you see countries buying as much USD (and USD denominated debt) as they can. You are wrong.
SQQQ doesn't pop as much as TVIX and SPXS, just look at what happened today if you don't believe me. I was bagholding SQQQ and sold it at a loss today because i was fed up with it not doing anything despite QQQ moving down.the reason QQQ is so strong and SQQQ weak is because QQQ has amazon and apple as its biggest composites. thus, for SQQQ to really gain, QQQ would need to tank, which means amazon and apple would need to tank. but fucking central banks like swissbanc are buying amazon along with all the big tech stocks, thus propping up QQQ and keeping SQQQ gainz from actualizing. i'm so fucking sick of SQQQ but i am on board with TVIX and SPXS.SPXS is more likely to move higher because it tracks 3x short the S&P, which is composed of weak shit like banks and entertainment (disney).
>>19076869TVIX: up 19% todaySPXUS: up 5.3%SQQQ: up a paltry 3.73%
>>19076869>>19076913TZA, my -3x niggas.
>>19075441This.UBI, gig economy & "sharing" - it's the new paradigm.
>>19075800>What barbarians?>Meanwhile spics, niggers, chinks, pajeets proliferate.>Not so many sandpeople, so it doesn't countGee, I dunno 56% anon. Or is that 54% now? Or 48% for youth?
>>19076373Yes, don't worry - it's the future of the entire West, everyone else will get to catch up.
>>19076027>nobody has predicted anything correctly ever
>>19074431This niggah get it. You cannot inflate against a benchmark.Chinese and fucking degenerates russkies are trying to push their fiat to be at least in a basket, but literally no one cares about their shit.In actual reality USD is the standard./thread
>>19074752>Russia crashed oilit crashed its own asshole lmaoUS will print, Saudis will cut spending, fucking russia is fucked beyond repair.
Eating is a scam. It’s the exact same as drug addiction.
>>19075763>One asset class in one area went up a lot so that shows inflation from monetary policy happened.No. Demand outpaces supply for housing due to mass migration and migrants being too poor to afford thirty year mortgages on new construction.Food, oil, electronics, cars, etc. tons of major commodities experienced very little inflation all decade.>But medicineDue to mass migration + aging population + rent seeking>But collegeAdministrative bloat and Baulmol's cost disease for skilled staff.
>>19077337I fucking hate cooking. You have to expend energy to get energy, and then use that energy to get more energy. Why the fuck did God think this was good idea? You ever stare at your frying pan and just think of eating the meat raw, but you don't because others will think you're weird.
>>19077410The true red pill is soaking in a nutrient bath until all nutrients diffuse into your body
>>19074270>when you can put it into ETH*Fixed for you
>>19077410Kys lazy uncultured swine. If you learned to actually cook good meals maybe you’d enjoy it
>>19077498>not photosynthesizing pure cosmic energyNgmi
>>19072934>what is>scarcity
Groceries go up 5$>"AAAAHHHH MUH HYEPR INFLATION DOLLAR GO TO A BAGILLINO MILLION!!!! FUCK!"Too many countries depend on muhrica moneyz and our collapse will signal the end of the world. if you think that some flu is going to ruin america you're retarded. the cost of doing business has increased which im hoping implies a necessary economic contraction.also, guns. just start another war.
>>19077747Groceries have doubled in price over the last decade
>>19075440this meme never effected meI never hoarded, went out and bought some the other day it was as normally stocked as anything elsethings are increasing in price though
>>19076317>burgers got smaller>bags of chips got smaller>granola bars got shorter>government permits and IDs made with cheaper materials>lottery jackpots got smaller>parks renovated to save water (mostly involves removing most plants and widening pathways)>td;dr everyone cutting corners to save money
>>19072934Technological deflation is coming...https://m.youtube.com/watch?v=7nFbKzt-uwE
>>19074752t. brainlet
>>19072934In years, sure. But we're in deflation now and it's going to stay that way. Look at 2yr and 5 yr bond yields for the truth. Bonds don't lie like the stock market.
>>19074431Yeah, printing 500000 quadrillion dollars per second isn't going to make prices go up. It's impossible!
>>19075632>"The Titanic is unsinkable" >It sinks
>>19079720this post won't age well. come back in a year when gold is still worth less than $2000 an ounce and prices are roughly the same even though the fed printed 8 trillion dollars. just because you guys want a happening and have tons of boomer rocks because you think this time it's it doesn't mean it will happen. maybe if you keep visualizing it and praying to kek it will happen but i doubt it. every fucking country on earth is printing more currency to deal with this crisis.
>>19074790Everybody else is printing at once, but USD is 70% of currency so their 1 trillion of value printed is not as impactful as 1 trillion of euro printed in a smaller market.
>>19076913As all-in in SQQQ,This triggers me.Apple and Amazon will see their day in hell, though.THEN YOU'LL SEE THE POWER OF SQQQ
Only if you’re parked in fiat. My coins been going up in value so no inflation for me
>>19075932China imports 6.1% of its food.Japan imports 60% of its food.That's a huge difference.
>>19079908*6.7%
Anyone that says we are headed for deflation knows jack shit about economics. We are currently going through disinflation which is a precursor to inflation and hyperinflation. Fiat currencies cannot go through deflation, they literally print as much money as they need to in order to stave off price depression. Deflation is a monetary phenomenon that occurs when you are on a gold or silver standard.
>>19077384Or cantillon cantillon cantillon for all three
>>19072934>grocery chains jack up pricesCrickets>Elon musk opens one (1) factoryREEEEEEEEEEEEEEEEEEE
>>19079993
>>19076272>>19076272it is retarded. they take % of your gold when you buy it, sell it. Lil bit of fee here, lil bit of fee there, hopp a speeding ticket because you were going 55 in a 45 zone, another for parking on the wrong place, didnt you notice that lil table that is hanging 20m from there? It says you can park everywhere but this exact place. How about a lil fee of 200 euro, hmm????we are the same peasants that paid money so they can cross a damn horseshit smelling bride. No you pay money to own money, to sell money, to move money, to hold money, dont you like this jewish game goi?
>>19072934I don't care anymore
>>19075340Because nobody wants itStuff that is unwanted gets cheaper
>>19076506Based man who does not fear the bayonet
>>19076506what a stupid nigger
>>19072934We are in a fucking deflational phase
>>19080151well I think you're right, that's why I went almost all in on gold, it's pretty much as stable as it gets for a poor goy like me
>>19072934WE WEIMAR NOW
5 maple leafs checking inlooking forward to buying an entire apartment block soon
>>19079948>We are currently going through disinflation which is a precursor to inflation and hyperinflation.could be but this only happens if the productivity plummets due to the recession. if not and the economic stimulus works then we indeed will have deflation then inflation or stagflation and that's it.
>>19072934as long as house prices keep going up whoooooocaaaaaaarrerreeees
>>19079948what this means senpai? that will get rich if buy gold?
>>19082062>this only happens if the productivity plummetslike when the government shuts down the entire economy over a flu hoax and third of the population are out of jobs?
>>19081928how do you do it? buying gold or how?
>>19082184productivity as a global phenomenon has to plummet especially necessities like food and stuff.then you get hyperinflation.we have two ways out of it basically: 1 increase automation 2 provide better protective gear and environment to workers and commuters
>>19082184why are you on /biz/ coping this hard?
>>19082385if we increase automation ubi becomes a necessity tho. and interestingly people became very accepting now in this pandemic.
>>19082400Why would people not be accepting of free money?
>>19082425most people that work find the idea of other receiving free gibs an insult. they imagine hoards of freeloaders reaping the sweat of his labor. only when they themselves can't work they find the idea actually making sense.
>>19074810>among other investmentsETFs aren't an investment. Sell those other investments and invest in real estate, or just go all in on physical gold/silver.
>>19074935Stupid prediction only to shill crypto. Good job, dumbass!
>>19074431>When your currency is so powerful you have to force it upon other countries and then topple any government that wants to as so much trade oil with another currencyI hate the government so fucking much, we need to leave everyone the fuck alone.
>>19077666This is true but also >>19078082
>>19080706Not for food tough 2% monthly food inflation means 94% inflation in 4 years.Literally half a century of inflation target in just 4 years.And food inflation will trigger more deflation in everything else as people have less money to buy anything else.
>>19082537i know, but i have lived through 2 hyperinflations and i can tell you two things:1 life goes on. more money printed higher the salaries get higher the price of everything and so on... but money is money you just not sitting on it for more than 2 weeks.2 the economy works fine there is no problem with productivity investing activity in hyperinflation people are more than willing to spend their money on increased productivity and invest the interest rate is high but there is no problem with lending.
>>19082581now when the hyperinflation is caused by global collapse of productivity and not domestic runaway debt financing... that shit will be tough. that will be an apocalyptic experience.
>>19082581Maybe you lived short term hyperinflations like argentina 89.Long term > 2 years stop all investing as companies can no longer budget shit at all.So less and less productive shit is done and scarcity appears hard.This is why they tend to be short term because this is why the chimpouts start after that you see either a reform(argentina 90s) or collapse venezuela 2012.This is going to be a fucking disaster because the first world is not used to inflation.Hell the retards in charge have not updated atm limits , or cash use limits for a long time , it's like they think inflation no longer exists.
>>19082244buy phsical goldstash it in a safebuy a harem of roasties when the inevitable mad max hellscape scenario starts and money is worthless>>19082398how am I coping?deflation is pretty unlikely considering the FED wil always try to print their way out of any problem
>>19082665>like when the government shuts down the entire economy over a flu hoax and third of the population are out of jobs?like this
>>19082672and thats a cope how?
>>19082690if you don't know how it's major cope you're too far gone
>>19074935tech companies are making huge profits even with covidS&P is literally dragged by Amazon
>>19074635It is impossible though.
>>19074431Sorry EURO is now the standard
>>190826204-5 years, the inflation part in itself is meaningless that's all i'm saying. increase money supply increased prices increasing wages. until productivity comes to a balance with consumption. lifegoes on it's easy to adapt to. some people thing hyperinflation is the end. but the end is when the shelves are empty and no money can buy you and your starving family bread and people start preying on each other.
>>19074270I like that this board is so retarded as to not explain that an ETF is a type of asset and a 401(k) is a type of account. The two aren't mutually exclusive, although realistically you'd buy mutual funds within a 401(k).
>>19082857And how i get money over that situation? is buying gold enough? what about bitcoin?
>>19074431This anon has no clue what a balance of payments is. Mutts are so fucking dumb
>>19074431Not wrong unfortunately. Though, one day the jig will be up.
>>19075600>was unstable with constant frequent booms and bustswow, sounds like our current system without the golden age.
>>19076541The debt game is just an illusion that will eventually fall. How tf do you not know about the gilded age?
>>19082875any commodity is fine, basically in a hyperinflation you spend cash or convert to inflation proof assets as fast as possible. stockpile non perishables because the increased demand will cause the supply chain to overload but so long the productivity globally is there eventually you will be able to replenish them. as a basic rule always have 2 weeks worth of food for everyone in the household. that's a baseline because the initial runs on the stores is crazy can even be dangerous.instead of bleach buy powdered bleach. it stores for years can be used to disinfect water if you have to store water becasue shit gets so bad. and so on. but like i said people adapt within weeks naturally. so long there are goods to buy life goes on.
>>19072934How do I avoid hyperinflation? Go all in on gold? Go on selenium? Go on heavy water? the fuck should I put my funds into?But bank interest rates are shit atm, right? or are they still reliable?
>>19082952also barter is fun and people start trading obligations (favors) not expressed in money when money becomes a bad store of value.
>>19082943Also, imagine not understanding inflation. Stop sucking the establishments dick just 'cause it's in use.
>>19082972you don't avoid hyperinflation you ride it out.
>>19076018Based. America will fall in less than a decade.
>>19082972also my personal perspective on this: there is nothing you can own in a truly private manner that comes to mind as a hedge against inflation except bitcoin.imgine the scenario when your contry goes full retard and you have a monetary and economic collapse. you have saved your wealth in inflation proof assets but the country is fucked and you have to go. borders are kinda open but aside from your rags you can't really take anything with you. soldiers strip you of all valuables (like in venezuela) which are confiscated by state edict (altho a lot if it will get stolen and you can be happy if they don't kill you)so have some bitcoin m8 that's my advice. also for short term catastrophes canned goods salt flour powdered yeast grains cigarette and booze and most importantly gas.
>>19074790Take the Ray Dalio pill.At the end of the long term debt cycle:>people and governments spend less, debt is restructured, wealth is redistributedThese are deflationary, and>money is printedwhich is inflationary.It's possible for these to balance, which will cause only a small magnitude of in/de-flation.Though I doubt they will get the balance right. My point is that it doesn't have to be hyperinflation.
>>19074752Lul, everyones laughing at you
>>19075895Amerifag detected
>>19074935>dead cat bounce (YOU ARE HERE)>>entire generation of traders have been trained to buy the dip>>lol stonks only go up>>idiots buy the dip>>govt intervention (stimmy checks and SBA loans, Fed put ZIRP and bond buys)>>equities go back up, gold goes back up, dollar goes down but still higher than where it was before because foreign demand for USD keeps it high and most traders are still shookmore like the fed is keeping up this facade.
>>19075895>America is self-sufficientlol>America has the strongest militarybullying underdeveloped countries and nuking people when no one else had any isn't really stronk military. bro, the american culture is 100% going the way of the greeks and the romans. morality is gone. society is dying.
>>19082864irrelevant, both make money idc
>>19083228This is true but what's the solution? Gassing the kikes? Because I'm on board for that.
>>19083337I don't really care lol. Gas the bipartisan establishment. Liberals are the worst atm. Probably 'cause I live with them and was raised by them. Both parties are controlled. Unless a "great man" shows up and doesn't get cancelled by the status quo (spoiler, they will), the US is fucked.
>>19074983I agree>>19075296I think it does mean that. The money is not being used to buy the goods, so the price of said goods will not rise.
>>19074935plausible but wrong>>19075004stupid
>>19083392Agreed. This will only end with blood on the streets. I'm not an american but the Jewish subversion of culture is something that affects my country as well. I guess an economic collapse for a good amount of time and the hardship it entails is perhaps the only way the distracted normies would keep their food and circus aside for a minute and realise what's going on.
>>19083489Hard times make strong men, I'm not worried.
>>19075133if you want an indication, look at the prices of seafood.supply chain completely destroyed, but the price of fish crashed anyways.
>>19083548>price of fishit's inflating as we speak
>>19083156this is evident from 2008.the problem with this is it doesn't remove the underlying cause the bullshit business that's a gigantic drag on the economy. because qe saves bullshit business more likely than essentials.i think this will be the worst recession in human history will put the great depression to shame.
Hyperinflation is guaranteed its just a matter of time. For the last 10 years we have been under a bunch of different deflationary pressures and people just assume that will last forever. Print as much money as you want, and there will never be inflation. The fact people talk about MMT with a straight face proves we have become complainant. When the shift happens, hyperinflation will hit and will hit hard, likely destroying the dollar and the economy, and ending the US as the world's superpower.
>>19076027answer me two questions: is a correct prediction possible? is it possible to formulate it in a 4chan post (~1000 characters) as written text? if the answers are both 'yes' simple program (and so any bot or npc) can predict the future.
say it with me:H Y P E R I N F L A T I O N
>>19083656>i think this will be the worst recession in human history will put the great depression to shame.bingo. every single country is reporting numbers at the rate of the great depression and are saying "these numbers are actually small and inaccurate." we are already worse than the depression and people don't know it yet. it's fucking spooky
One of the best threads I have seen in a while.Very good sirs.
>>19075600>>greatly constrained... no stunted the growth of the economy>>was unstable with constant frequent booms and bustsHmmm I wonder what that sounds like
>>19076419keep seething faggot
>>19072934That's price elasticity due to meat shortages. The purchasing power of the USD isn't going down. Gas is cheaper than its been in years.
>>19074935>>19075004This guy George Gammons
>>19083973
>>19083997this
>>19074935>>19075004The happening is here.FUCK NORMIES
>>19083808it was bound to happen really.>>19083960lot more frequent like one year boom next year bust. we got 8 and 10 year long cycles now and not as drastic. if it's better or worse... the busts without lending are bad they ruin lives. the busts with ready lending make the bankers rich and drive inflation. pick your poison!
>>19075004>fjannie.pngpretty based, not gonna lie.
>>19084038someone should make a schiff Yes meme
>>19084072>the busts without lending are bad they ruin lives.Busts during the gold standard caused massive currency deflation, which means that if you had a loan, the interest became much more expensive to pay down. Lending during a deflationary bust hurts the guy getting the loan.
>>19074270Because your employer matches your funds. God did someone in the history of /biz/ actually ever had a job?
>>19072934Buy bitcoin bro, the supply just got halved.
>>19074752The biggest jew in my country, who owns half of it, said that sooner than later economy will go back to gold. No one is interested anymore in usd.
>>19083392last one there was went to Dallas and never came back
>>19082698lol sounds like youre coping
>>19074812>>19076846>>19079715>>19083163usd is gone lmaoamerica will survive (texas and some other red states), cali and NYC will burn to the groundgibs will be gone, so niggers will fleejews will bunker down in israel until they're nuked accidentally
>>19083548>>19083548fish has all the characteristics of an outlier in this situation, it is sold more to the restaurant industry in regular times than consumers and it is highly perishable, so closing all restaurants would cause a supply shock. what I'm talking about you have to wait a few months for, for the weak fishing companies to go bankrupt and then for the market to become undersupplied before recovering to an equilibrium
>>19075459>Plus, the Treasury is going to issue $5 trillion to cover this year's mega deficit, so all that money is getting sucked right back out soon.This part is wrong, it's not going to get sucked out of the market, Fed's going to pay for it.
>>19083704>is a correct prediction possible?we can't actually know, because we never know if it was a correct prediction before the event happened, or is just a correct prediction in retrospect
>>19079948>Fiat currencies cannot go through deflation, they literally print as much moneyYou are a fucking brainlet.Money is credit. If a whole bunch of fucking loans go bad, money is destroyed. They aren't even printing enough to replace the amount of money that has disappeared from the system due to credit destruction.Fucking goldbugs I swear.
>>19074935Markets already pricing BTC taking off, remember a market is FORWARD LOOKING
>>19084297Jobs are for leprechauns and niggers, glowshill
>>19082455Brainlet here. How are etfs not an investment?
>>19084549my post was retarded btw. i thought about 'even a blind squirrel sometimes finds a nut'. what gathered my attention was the fact that a very very important and accurate message could hide in a 4chan post or tweet. i thought about about a central banker's vocabulary and that the number of grammatically correct tweets is quite low compared to the number all possible tweets (240 characters length, no abreviations, no slang, no chaining line 'post 1/x' and so on). the vocabulary of any person is necessarily smaller than the possible vocabulary of the person's language. you could throw dice and look at some really disturbing messages like > we surrender to china.> the fed needs a pause.> link is a scam.
>>19084270the point is when nobody wants to buy your service or product and everyone trying to collect on your outstanding debt you won'tt get any loans from nobody and go bankrupt. one bad year is enough to be over for your entire family.just try to use your brain a little! shit was horrible.
>>19080272