[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 28 KB, 320x320, 1474026301951.jpg [View same] [iqdb] [saucenao] [google]
25478819 No.25478819 [Reply] [Original]

So what's the American plan to counter mass inflation in 2021? Are they just going to "burn the money" when the loans are repaid?
Or have they just accepted going full Weimar Republic?

>> No.25478867

There is no inflation

>> No.25478910

>>25478867
What in the world do you mean?

>> No.25479214

>>25478819
I don't know what America's plan is, but I'd suggest that if any anons have a lot of liquid USD right now, they should be putting it into literally anything else. For example, house loan, large appliances, or repairs that you'll need to have done this year anyway.

>> No.25479409
File: 162 KB, 899x670, uploads_1475692929468-chart1.png [View same] [iqdb] [saucenao] [google]
25479409

>>25479214
What about gold? pic rel

>> No.25479434

>>25478819
Full weimar bud. Full weimar.
Clowns will honk in the dark wind

>> No.25479753

>>25479409
I don't personally have gold, so I don't want to say for sure, but yeah the principle is the same. It's another hedge against inflation.

>> No.25479965

>>25478910
There is no inflation. No prices have increased have common market items/cars and they wont increase.

If there weren't a pandemic-induced economic crisis, inflation WOULD be occurring if with all this money printing/hand-outs going on.

>> No.25480127

>>25479965
But money velocity is flat right now. It would make sense for it to only occur when things are back to normal

>> No.25480264

>>25480127
Not likely since most of the fiat is accumulating in banks and the top 1%.

>> No.25481172

>>25479965
It's assets that are inflating. Look around you. Prices of common goods are not rising yet but there will be a whiplash effect once the populace tires of the virus and things return back to the new normal.

>> No.25481798

>>25481172
>back to the new normal
Lol that's how I know you're insane. Go to Texas. Go to Florida. They're back to the old normal. Not everyone lives in Portland