So how bad is this gonna be?

[Anonymous No.29803142]

I told my family to stock up on shit a little extra every week. How bads this shit gonna get...we gonna have home invasions over ramen and eggs or is it just overblown

What preps are you making?

Word on the street saying this may be less than 60 days away you will start seeing increases in price as goods are chased off the shelves

[Doge: bake the fucking bread e(...) No.29803287]

>>29803142
dont worry dude everything is going to be fine. system is too big to fail. we will just print more money if anything bad happens.

[Anonymous No.29803362]

never ever happen, stop worrying

[Anonymous No.29803364]

>>29803287

Thats exactly what im worried about.

20% inflation turns into 2000% pretty quick

[Anonymous No.29803432]

>>29803362

Why do you think we are different.

Look at that fucking chart dude. If printing money doesnt matter than why do work...why do i pay taxes

[Doge: bake the fucking bread e(...) No.29803483]

>>29803364
but that is literally the answer to every problem we have right now. if we print shit tons of money then everyone gets some right?

[Anonymous No.29803602]

>>29803142
post your make it stacks boys

>4 48 packs of spam
>2 40lb bags of rice
>1 40lb sack of potatoes
>half a cow in the deep freezer
>enough misc canned goods to survive for a year

[Anonymous No.29803663]

people have been beating the inflation drum for decades. Nothing will happen, nothing will ever happen. They can just print money ad infinitum

[Anonymous No.29803805]

>>29803663

I want to believe

[Anonymous No.29803849]

why doesnt the goverment just start burning the money we pay in taxes to get rid of the inflation

[Anonymous No.29803885]

On one hand, bond yields are up so it looks like bond purchasers are going to push interst rates up. On the other hand the gov could use Yield Curve Control to resist raising interst rates. On the other other hand YCC might not be enough to stop hyperinflation.

It looks like anything could happen at this point, what do you guys think?

[Anonymous No.29803953]

>>29803663
The amount of money printed has never been this bad.

And there has been inflation. Those drumbeats were not smoke over the fire

[Anonymous No.29804005]

>>29803602
Unironically I was looking to get some bulk spam the other day whered you get yours fren

[Anonymous No.29804334]

>>29804005

Spam is really high in sodium. Hard pass. Just get a shitload of chicken quarters or whey protien

[Anonymous No.29804617]

>>29803849
I think that is actually what literally happens but I forget what it’s called. Perhaps a based anon lurking can post what I am talking about but basically all your taxes just get deleted. It doesn’t literally fund anything because we always issue bonds to do that.

[Anonymous No.29804712]

>>29804617


Lol if thats true taxaction has to be the buggest fucking scam even more so

[Anonymous No.29804887]

>>29804712
You're just finding out now? Better late than never fren.

[Anonymous No.29805099]

>>29804887

Nah I always knew it was bullshit but that would be the ultimate laugh right there.

Imagine chasing down and jailing peasants for taxes only to burn them in a pile after collection

[Anonymous No.29805239]

>>29803142
Linear vs log. Not saying this amount of printing isnt bat shit insane but I'd like to see that in log.

[Anonymous No.29805281]

>>29805239


This cumulatove..meaning all time

[Anonymous No.29805378]

Can't keep printing money forever.
Global money supplies no longer relate to anything tangible.
Ultimately it's all about energy and food.
Once they are too low the SHTF and it won't matter how much magic money they print, you can't magic energy and food from nothing.
PS. Food and energy shortages incoming.

[Anonymous No.29805499]

>>29805099
If you look up MMT (Modern Monetary Theory) you can see what the point of taxation is in a sort of infinite printing environment. In theory it could work but as an individual I wouldn't want to live in it; it requires some slavery-tier regulation.

[Anonymous No.29805654]

>>29803142
Just let them kill you and pray you incarnate somewhere else

[Anonymous No.29807159]

is Australia safe or should i call my mum and rant at her about gold

[Anonymous No.29807855]

>>29807159

Gold isnt a hedge against shit and neither is silver. I stIill have some...but lets be real: the fed will never let either rise in price..EVER. bitcoin will go to 5 million dollars and gold will be at $2500. The whole point of having a hedge as inflation

[Anonymous No.29808165]

>>29805499
>Modern Monetary Theory
Not sure if related but I recall reading that taxes only serve to help remove money from the system in order to delay the inevitable

[Anonymous No.29808185]

>>29803142
Bad enough that you should be holding gold and silver and bullets.

[Anonymous No.29808248]

>>29803483
All you need 4o do to offest inflation is hold anything other then cash. After I pay my bills all my extra cash gets slipt between crypto and silver.

[Anonymous No.29808272]

>>29807159
How does getting dismembered by a sudo gang looking for supplies sound?

[Anonymous No.29808347]

>>29803602
Cow will just go to waste. Get some fuel and a generator and make sure you store your freezer in a basement / under ground. Also add guns and bullets. Maybe silver but not need to get through it just helpful once everything stabalizes again.

[Bangolu Papitu No.29808356]

>>29803432
Those are the questions that will kill the monster.
But do you kill the monster, or simply feed it until it goes away for a while?

How long do we feed this monster for before it acquires a taste for flesh?

[Anonymous No.29808402]

>>29803663
The reason the USD hasn't become fucked is because it appears stable because all counties are printing money at about the same rate and they short the gold silver and stock market to make sure they grow at a controlled rate.

[Anonymous No.29808418]

>>29803287

[Anonymous No.29808459]

>>29808165
Correct.

[Anonymous No.29808461]

>>29808272
Anyone who lives in melbourne deserves it desu

>>29807159
Australia is not safe. We had worse grocery shortages than countries that actually went into lockdown.
Al though if you live in rural Australia should be fine, you just wont be as fat.

[Anonymous No.29808463]

>>29803602
100 bars of pemmican

[Anonymous No.29808478]

>>29803364
They saw we’ll put up with anything they say. They are printing free money and literally daring us to do something about it. So until the majority of people drop everything they do and stop playing the system then nothing is going to “happen”.

[Anonymous No.29808479]

i can't help but think the popular bearish opinion about inflation is wrong, just to be contrarian

[Anonymous No.29808564]

>>29808418
Yikes.. can we tone down the anti-semitism?
What do Jews have to do with this?

[Anonymous No.29808569]

>all the retards talking about the collapse of society and that the end is near
bilish as hell bros, maybe in a couple of months or years the crash is happening, but nothing too soon

[Anonymous No.29808622]

>>29808569
*bulish

[Anonymous No.29808655]

>>29804334
People still think sodium is bad? Lmao

[Anonymous No.29808668]

>>29808564
get fucked kike

[Anonymous No.29808689]

>>29807855
>>29808272
>>29808461

haha
>unix sysadmin gang
so even if i swing trade i should go to sleep holding volatile crypto?
also supermarket stocks seemed good over last year

[Anonymous No.29808715]

>>29808356

It sounds like normies are getting redpilled and questioning this.

I wonder if people in Wiemar looked at money as worthless pieces of paper not worth working for right before inflation took hold.

[Anonymous No.29808730]

>>29807159
Once our iron runs out or China switches to Brazil the aud will hyperinflate

[Anonymous No.29808751]

>>29803432
>Why do I pay taxes?
This is the question that is growing in many American's head. It's been a fraud for a while now, there is no connection between government spending and tax revenue, the two have become completely untethered. If tax revenue was zero, the US budget would still be approved by congress, and the money would be there.

[Anonymous No.29808763]

>>29805499
MMT is bullshit. Socialists don't understand economics.

[Anonymous No.29808771]

>>29808655

Eat 300% of your DV for 3 months and check your blood pressure

[Anonymous No.29808779]

>>29807855
>bitcoin is a hedge against inflation
bitcoin shits the bed every time the stock market sneezes you fucking delusional cuck

[Anonymous No.29808801]

>>29807855
>banks can short metal, but not crypto

Doubt

[Anonymous No.29808855]

>>29808751

This is a great point and phrasing the issue into an understable conversation you can have with family over the holidays.

Thanks

[Anonymous No.29808891]

>>29808801

What makes you think they will let gold or silver ever be worth anything?

[Anonymous No.29808968]

>>29803432
>>29803953
Look bro, I promise I'm not a shill you have to listen to me here. There are a few different ways that the money supply is calculated. Back in high school macro, they told us about M1, which was cash + checking accounts, M2, which was M1 + savings and money market accounts, and M3, which was M2 + some shit I forget.

In May 2020 for reasons I don't understand, the ACCOUNTANTS at the Federal Reserve (NOT the money printing guys) redefined M1 to include savings, so that HUUUUGE spike you're seeing from 4T to 16T is not 12T being printed, it's closer to 2T being printed, and 10T in __savings and money market accounts__ that are now being considered M1. If you don't believe me, look at the Federal Reserve's graph of M2. M2 is M1 plus some other shit so if all the money in the world was printed last year then M2 graph would show a huge spike, but it doesn't: because all M1 is a part of M2, the M2 graph doesn't change when savings accounts are now considered a part of M1. But it makes the M1 graph look autistic.

Again, the reason the Fed did this I do not know. But you sound more panicked right now than you need to be.

[Anonymous No.29808970]

>>29808891
When push comes to shove, they will straight up confiscate it by force.

[Anonymous No.29809002]

>>29808771
I have close to a tablespoon of salt everyday because I exercise a lot. All modern health advice is for obese sedentary boomers and should not be followed by anybody healthy and active

[Anonymous No.29809017]

>>29808855
Read "The Long Now" on the epsilion theory blog for more details on this

[Anonymous No.29809021]

>>29803142
wynaut

[Anonymous No.29809034]

>>29808751
This is the redpill that people need to swallow. Only when realising this can people start following the breadcrumbs that lead to central banks.

[Anonymous No.29809038]

>>29808968
the funny eurodollar man would say the fed is doing this to spread fud about inflation to make inflation happen

[Anonymous No.29809072]

Nothing unfortunately ever happens. I really wish something would happen. But it never will. Those at the top have too much to lose If something were to happen, thus it never will

[Anonymous No.29809074]

>>29803142
Damn nigga from the looks of this graph my lil m1 money stock doing sum

[Anonymous No.29809093]

>>29808763
This is what I was getting at. It's just communism with extra steps.

[Anonymous No.29809154]

>>29808968

You are wrong.They didnt print 2 trillion they printed 7 trillion. You can literally add the stimilus packages. When we left 2019 we were at 21 trillion dollars. By the end of next month These niggers will have printed 10 trillion fucking dollars out of thin air. Thats $32000 fucking dollars for every man woman and child and we are not even talk regular outlays.

There has to be consequences from this

[Anonymous No.29809260]

>>29803142
The only people who think a monetary collapse will cause some horrible doomsday event are reclusive losers, because anyone who spends any reasonable amount of time interacting with society knows that isn't going to happen.

[Anonymous No.29809285]

>>29809154
Chances are they'll legalize weed once the hyperinflation kicks in so every stays content with the mediocrity while needing to self sedate every couple hours.

[Anonymous No.29809444]

>>29809285

Im already long trulieve and sundial brah

[Anonymous No.29809463]

>>29809260
You're ngmi if you have any faith in humanity anon

[Anonymous No.29809525]

>>29809093
Any fiat currency is, which is why they suppressed Bitcoin.

[Anonymous No.29809645]

>>29809463
i wouldve hoped virus has taught people how quickly things come apart at the seams

[Anonymous No.29809650]

>>29809154
There were similar spikes in money supplies at the same time in UK, Canada, Australia and the EU.
All happened in March when they announced lockdown globally. Literally no f***ks given.

[Anonymous No.29809723]

>>29803663
This is exactly the shit that was said in the Weimar Republic and the reason they proceeded to print money. And then, all of the sudden, hyperinflation hit. And almost nobody saw it coming. Not saying that hyperinflation is necessarily coming, but personally I don't see a way left to avoid it. And the more I read about the history of hyperinflations, the more I recognized what a dangerous and fucked up situation we are in. This won't go well, and everybody thinking it will is deluded in my opinion.

[Anonymous No.29809749]

>>29809650

Whats with the /pol meme about soup costing 12 canuck dollars then?

[Anonymous No.29809827]

>>29803663
digital assets solidify MMT, unironically they will never let hyperinflation happen again. people will just be poor, and things will cost slightly more causing people to go for forced cheap alternatives.

[Anonymous No.29809848]

>>29809154
>They didnt print 2 trillion they printed 7 trillion
You may be correct here. I am doing my chemistry homework right now and didn't add up the exact figures; my point is that the chart you OP'd goes from 4 trillion to 18 trillion implying they printed 14 trillion when you said yourself they printed a lot less than that. The chart is misleading. There will be consequences. The consequences will be for the printing of 7 trillion and not for the printing of 14 trillion.

[Anonymous No.29809852]

>>29809723
nigga why you're talking about hyperinflation as if it's one big catastrophic shit? Here in Brazil we had hyperinflation for one decade but we easily solved with a new currency.

[Anonymous No.29809861]

>>29809260
Tell that to the guy who's stabbing you whilst he's taking your food.
Engineered food shortages incoming.

[Anonymous No.29810094]

>>29809749
I meant no f**ks given by THEM (not by me Fren)
They've been saying the planet is overpopulated for decades, and now they're doing something about it.

[Anonymous No.29810329]

I got a freezer full of chicken breast and thighs, steaks, fish, etc. plus a shitload of broccoli and peas. A British friend taught me you can mash peas like you would potatoes and then batter and fry them. They have a very creative name for it too, Mushy pea fritters. Not bad if you season it heavily with garlic, lemon, salt and serve with malt vinegar. He also taught me about malt vinegar and its really great. Also lots of canned chili are crackers, canned tuna, chicken, herring, vienna sosijs, ramen, instant mashed potatoes, black beans, salsa, etc.. You'd think I'm a prepper but truth is I just hate shopping and make my trips count.

[Anonymous No.29810352]

>>29809827
Armed drones solidify MMT. Imagine if king George could remotely bomb the houses of everyone who participated in the Boston Tea party

[Anonymous No.29810368]

>>29803663
>The way things have been recently is the way they always will be

[Anonymous No.29810391]

>>29809852
Hyperinflation in a single country is survivable whilst other countries finances are more stable. I suspect Brazilians tried to get hold of $US.
Global hyperinflation would be completely different and there'd be nowhere to run.

[Anonymous No.29810436]

>>29809848

Will be 10 trillion next month btw. Bidens deal is 1.9 trillion

[Anonymous No.29810507]

>>29808968
So either way, our government is fucking retarded.

[Anonymous No.29810516]

>>29805499
Yes, it’s a ponzi anon but then most of life is

[Anonymous No.29810543]

>>29810329
Glad to have you around cu/ck/

[Anonymous No.29810568]

>>29809852

Hyperinflation of the USD would probably trigger a global war immediately and would go down in history as the biggest crisis humanity would ever face.

Everyone who is somebody has US Dollars. From Saudi Kings to Zimbabwe dirt farmers. There would be an immediate move to something else...but what?

[Anonymous No.29810588]

>>29807855
True, gold shit the bed and crashed at its ath, to crab for years meanwhile btc cut through it like butter then went 3x

[Anonymous No.29810612]

>>29810568
BSV

[Anonymous No.29810635]

>>29810507
correct

[Anonymous No.29810823]

>>29809154
>consequences
Yeah the next gen will be even further behind then the current one, asset prices will be even crazier and wage growth won’t be there m . It’s like climbing a greased pole for each generation

[Anonymous No.29810912]

>>29810391
This is why everyone should be concerned.

If we hyperinflate, most currencies and the global economy will be affected.

Consequently the first country to back their currency by either precious metals, or some commodity backing, will find themselves in a strong position when the dust starts to settle.

[Anonymous No.29810983]

>>29803483
Will literally and is literally fucking up all workers. The hell are you on about?

[Anonymous No.29810990]

>>29810612
Scam.

[Anonymous No.29811003]

>>29810912

Out of curouisoty is there any current nation on earth that uses a gold standard? Might grab some their currency now not later.

[Anonymous No.29811222]

>>29804334
Sodium Is good anon unless you have cardiac issues or hypertension

[Anonymous No.29811227]

>>29811003
To my knowledge there are none remaining.

Now some nations have been stocking up on gold bullion for the past decade or so, none back their currencies with it. Perhaps they are just making the preparations for doing so at a future date?

No one wants to fire that first shot across the bow of the global fiat money system.

[Anonymous No.29811368]

>>29808779
Why did this picture give me a burning desire to get /fit/ and start my new life as a gay man?

[Anonymous No.29811380]

>Thread begins with discussion of monetary policy and quickly devolves into a dietary argument
Never change biz

[Anonymous No.29811436]

>>29803142
You'll notice money line going up significantly from 2010-2020, and that was because we were facing deflationary pressures prior to this.

That being said, this is the US government we're talking about here. Say what you want about globohomo whatever, but everyone in the world is tethered to us by virtue of the global economy. If we die, everyone else does. (It also helps that most central banks have been pretty easy money for the past decade or so, also simply just making USD not depreciate wrt other currencies)

The scale isn't nearly as bad as Weimar Germany either, as we have an economy and the money stays in the economy rather than going elsewhere, if that makes any sense. At the worst, you'll see some fiscal happenings a year or so down the line with some price increases which the Fed(TM) could simply reverse by increasing bond yields or whatever (in fact the stock rout this week increased the strength of the USD minutely). Hell, if it got seriously terrible enough, I'm sure they'd just find a way to eat the bills back up.

Inflation might come, but it also depends on what people are spending it on. Is it going to rent or is it going to buying burgers or a new car? Most of the money is either being saved or being used for debt expenditures, so it's not really having a enormous impact. Yet.

[Anonymous No.29811567]

>>29811003
Gaddafi tried to start the Gold Dinar. I wonder what happened to him?

Libya under Gaddafi:
> Free healthcare
> Free electricity
> Interest free loans
> Newly weds received $50,000 to find a home
> Mother received $5000 on birth of a child
> Petrol 10c per litre

[Anonymous No.29811786]

>>29811567
This answers the question of why no gold backed currencies currently exist.

[Anonymous No.29812071]

>>29811567
BUT MUH DICTATOR
MUH DEMOCRACY

[Anonymous No.29812079]

>>29808564
You have to go back.

[Anonymous No.29812118]

>>29811567
You know what the first thing they did when they overthrew Ghaddafi?

They installed a Central Bank!
Man those are some pretty educated Islamic Rebels amirite? True Hamiltonians!

[Anonymous No.29812226]

>>29808564
this should be the first reply straight up

[Anonymous No.29812235]

>>29803142
I'm prepping by cumming into little containers instead of my mushroom sock to sell to women after Ragnarok hits

[Anonymous No.29812288]

>>29803142
protip for every one on this board: if you are arguing with someone who makes zero sense but is constantly pushing some retarded agenda there is a 80% chance it's a bot

[Anonymous No.29812398]

>>29803602
get water too fren, it will go quicker than everything else

[Anonymous No.29812409]

>>29812288
i frequently make zero sense and push retarded agendas both IRL and online - human, 2021

[Anonymous No.29812435]

>>29803142
What happens to people on salary?

[Anonymous No.29812530]

>>29808779
The stock market doesn't necessarily go down due to hyperinflation

[Anonymous No.29812556]

>>29811567
Anyone in a position of power who tries to do any good in this kiked system gets put down like a fucking dog.

[Anonymous No.29812557]

>>29811003
Just buy gold lmao

[Anonymous No.29812595]

>>29812288
this underestimates just how retarded real people on /biz/ actually are

[Anonymous No.29812692]

>>29803142
I have a silver stack I’ve been sitting on for a few years plus other assets. Your best bet is to get non-depreciating assets and holding onto them. When the recession hits, you need to dyor on some good companies and buy in. There is a very real opportunity for you to become the next Warren Buffet if you play your cards right, or at least make it so much that you and your family will never need to worry about anything for the rest of their lives plus a generation or two. At the very least take the opportunity to buy a new car or some other very expensive item.
If shtf though, then none of it will matter in the first place since money is worthless. You either lose nothing or gain everything.

>>29803287
>>29803362
>>29803663
The fact that people are saying this so frequently is a sign that shit is about to tank. The warning signs have been there for years, and we are rapidly approaching the point of no return. No one knows exactly when it’s going to happen, but it is going to be sooner rather than later.

[Anonymous No.29813246]

>>29803287
And yet...the unfortunate truth: those who built this system (and also knew this was coming to a boiling point) are in record of wanting to reduce humanity to 1/2 billion. Everything is on the table.

[Anonymous No.29813284]

>>29804334
Sodium helps your body store water. Literally one of the most important things. That said small has shit sodium, get low sodium and add iodized salt to your foods. All canned meats have shit sodium. Iodine is also very important and look close when you buy and make sure its iodized. Seaweed paper has shitloads and easy to stack

[Anonymous No.29813545]

>>29812556
Most people don't know that he undertook the biggest (in terms of area) civil engineering project in the World.
He irrigated every part of Libya to help the country become more self sufficient in food.
Libyans could apply for a farm and be given the land, equipment and seeds for free.
Whilst now in the USA farmland is being bought up by globalists and China.
New agricultural legislation will make farming more difficult.

[Anonymous No.29814098]

>>29807855
Thats not the point of gold. Gold is for AFTER shit has hit the fan and the new system is installed, with Gold backing the new currency

[Anonymous No.29814150]

>>29803885
bump: wondering if my reasoning is right and it could still go either way.

I'm thinking that the closest thing to watch is US10Y going up or staying down.

[Anonymous No.29814213]

>>29808402
This. Just look at the same graph for China, Euro, Leaf bucks, Kangaroo paper. Everyone is printing so it is like no one is. USD is still reserve, and inflation will be above 2 but not above 10 and not hyper.

[Anonymous No.29814248]

>>29808771
2,000 mg is actually too low. The relationship between sodium and blood pressure is very weak. A McMaster’s University study that was massive found that too little and too much were associated with higher mortality. That would be less than 2,000 mg and greeter than 12,000 mg. The happy sweet spot with the lowest mortality is around 6-7,000 mg daily. But if you are eating nothing but processed foods, you end up 10,000+.

[Anonymous No.29814412]

>>29814248
Sodium/Potassium ratio is also important.

[Anonymous No.29814456]

>>29803142
Why do you take financial advice from some dude with a blog named Fred?

[Anonymous No.29814593]

>>29814248
2000 is fine, that said 3-6k is fine too, the worst thing and why burgers are so fat and sloppy it sugar. Nigs eat a lot of fats and sodium but it’s a white trash thing to be drinking soda and eating candy/endless chocolate and the physique difference is obvious, yet there are genetic factors also but burger whites eat way too much fkn sugar, that’s poison especially refined sugar and burgers walk around with a bag of it strapped under their chin

[Anonymous No.29814682]

>>29814412
Yeah, I eat keto periodically and drink a glass of water with sodium/potassium/magnesium that I mix in. Does wonders for hydration.

[Anonymous No.29814856]

>>29803142
I never understand how money printing results in inflation? Like I get the theory behind it but it just doesnt seem to compute in the scenario that it happens.
Its not like theres a guy going round each house in a 'money van' giving every household sacks of cash. The stimulus checks are a one off and only enough to keep people paying bills.

What I mean is all this printing is just to keep things afloat so really we are just standing still when we should be falling, nobody apart from 'those' people are getting rich off this printing.

[Anonymous No.29814907]

So, basically every taking head and banker spokesperson is telling us that ‘hyperinflation ‘ is coming. And you know they really never tell the truth. When they say company X is doing bad to try to drive the stock price down, they really want to buy at a lower price. So, whet the fuck Is really going on, should we be prepared for deflation?? I mean, I can’t image the powers that be would actually ‘alert’ the plebes that are paying attention. Wtf is really going on????

[Anonymous No.29814968]

>>29814856
The price of assets inflate when the product of the money supply AND its velocity grows faster than real GDP.

[Anonymous No.29814993]

>>29803602
based

[Anonymous No.29815007]

the money has gone directly into bubbles. the bubbles will pop. everyone and everything is overleveraged.

[Anonymous No.29815048]

>>29814456
He was the first to make it, have you seen his YouTube channel?

[Anonymous No.29815211]

>>29803287
Yes, this is exactly what the Soviets kept saying right before they lost control of the USSR.

[Anonymous No.29815282]

>>29803663
It takes some time but once it starts, you can't stop it. The economy is currently shut down, so now is a great time to continue to stock up on anything you may need in the next 10-15 years.

Good luck.

[Anonymous No.29815441]

>>29814856
it doesn't, as defined by inflation being the price of goods and services as it normally is by economists
print 5 gorillion dollars - I didn't get any of it, so how can I use it to buy stuff? watch jeff snider's videos about it and he'll explain what a bank reserve is.
QE likely has some effect on stock prices and land prices. Only the rich get loans to do whatever they want and they use it to buy assets.
QE does not and will not inflate the cost of toilet paper or a slice of pizza. Those will have gone up anyway, or that's all QE could have done and it's negligible. Some other anon said the Mcdonald's combo meal doubled in the last 10 years, well that's par for course and what the central bank wants to target anyway.

Fiscal stimulus might some effect - Trump and Biden cheques - but I read 30% of that money is used to speculate on stonks. And also, that free money is supposed to replace what would have been generated at a job if there were not lockdown.

[Anonymous No.29815744]

>>29815441
Government stimulus does not cause inflation especially when the same government keeps the economy shut down on purpose. The shutdown is extremely deflationary because it suppresses aggregate demand.

Both aggregate supply and aggregate demand are very low, so this results in stable prices.

This event is a great opportunity to spend your savings, and to stock up on stuff while all the dumb normies are "playing it safe". Buy replacement parts for things you own, and buy repair kits/tools and other items that you may need in the next 10 years to keep everything intact.

[Anonymous No.29815971]

>>29815744
I see what you mean. Hyperinflation is defined by the breakdown of the real economy - that's your guess for the next 10-15 years?
what about stagflation - like the out with a whimper pasta image that gets posted.

[Anonymous No.29816487]

>>29815971
I think we can avoid hyperinflation so as long as the economy is kept in a shutdown state. Production has to ramp up, which probably means cozying up to China, our #1 supplier for pretty much everything. Once supply has been replenished, I think the economy can open up and people can absorb the 10% inflation rate to pay for the damage caused by the pandemic.

The US government will continue to use somewhat harsh language to convince the American public that it has some kind of rivalry with China but I do not think the US has any such leverage over China right now.

[Anonymous No.29816633]

So as long as we can scare people away from panic buying goods, everything will be fine. This includes taping up store shelves like they did in the UK to curb the potential supply shock if the consoomer did catch on to the fact that goods weren't arriving in the UK for a couple of weeks before, during and after Brexit before a deal was signed with the EU.

[Anonymous No.29816646]

>>29812692
Just a thought, but don't buy an obvious wealth-flaunting item like a flashy car. Your best first line of security is always to remain indiscernible from the rest of the mob. Don't let anybody know how much you have, perhaps even those closest.

[Anonymous No.29816892]

the most interesting thing about the bearish contrarian view right now is the split between the deflation bust vs inflationary bust bears.. i'm leaning heavily towards a deflationary bust.

>>29816633
>stock up on anything you may need in the next 10-15 years.
>Yes, this is exactly what the Soviets kept saying right before they lost control of the USSR.
I was wondering what did you mean by that

[Anonymous No.29817006]

>>29805099
>>29803849

Never heard of the iraq burn pits huh?

[Anonymous No.29817218]

>>29803849
The government doesn't own that money. They give that money to the Federal Reserve to pay the interest on their debt. We are debt slaves to the Federal Reserve which is not a part of our government.

[Anonymous No.29817455]

>>29816487
do you think these large stimulus cheques could be enough to start hyperinflation? They are going specifically to people who would spend it all - none of them would save any of it.

[Anonymous No.29817537]

>>29817006

Kek reminds me of a story my brother was a marine and once said 50 lorry trucks showed in for the iraqi government and army once but GM didnt put oil in them so the government just reordered 50 more and had his unit throw the first 50 into a pit and bury them. He even showed me the pit on google earth ((iraqis have been digging them and scrapping them since then))

[Anonymous No.29817671]

>>29815744
People get their consoomer goods from Amazon, do you really think this had any affect on inflation?

[Anonymous No.29817906]

>>29810568
IMF SDR

[Anonymous No.29818047]

>>29812435
they eat bugs in the office break room, then play a nice game of ping pong

[Anonymous No.29818128]

>>29817455
no, hyper inflation doesnt happen overnight. its incremental then all of a sudden. like bitcoins price action. its been said that btcs pa is just reflective of the dollars value depreciation and or both actual inflation. theres too many different ways this could play out yet. inflation can get hidden, populations can be accepting, and if crypto takes off it wont just be wealth distributing like now but wealth generating. Systems and standards can be imposed to transition more gradually so as not to upset peoples. people like stability. this is all rational, and crypto moves far too fast for regulators and politicians to keep up. Even a US ban would just legitimise cryptos thesis further. but who knows, will there be hash wars between countries, will there by fiat crypto hybrid systems, will there be communist like bans stifiling progress for 50 years?

[Anonymous No.29818166]

>>29817455
naw stimmy cheques won't do jack. hyperinflation is as much complete and utter societal breakdown as much as it is money printing. the complete real economy breakdown comes before the money printing.. and things are still functioning.
the economist's thinking is the cheques replace what would have been wages if coronavirus didn't happen.
and the cheque, say you spend it all like you said; how many extra pizzas or tubes of toothpaste are you going to buy anyway?
and again as much as 30% of it is being gambled in the stock market anyway, so asset inflation; not inflation in goods and services
> securities trading was among the most common uses - across nearly every income bracket - for the government stimulus checks issued in May, according to software and data aggregation company Envestnet Yodlee.

[Anonymous No.29818227]

>>29818128
bitcoin's a speculative mania again. inflation is just another way to shill your bags. was 2017 due to hyperinflation concerns?

[Anonymous No.29818232]

>>29817455
Definitely not. Government stimulus is just uncle sam keeping aggregate demand on life support. Stimulus is deficit financing, which is highly deflationary (bigger debts = more interest payments/higher taxes/less purchasing power). A gradual increase in wages will also not cause substantial inflation so as long as a majority of the population lives paycheck-to-paycheck.

What could cause prices to skyrocket is a breakdown in global supply chain infrastructure (globalism), which the government has almost no control over (beyond military action) You should be very concerned of the possibility that goods stop flowing in from specific countries because goods shortages cause price spikes/price controls.

[Anonymous No.29818424]

>>29818166

Interesting reasoning but stimulus checks didnt go out to people who just needed them..it went out to people who needed them.

By your logic about stocks...wall street is just an inflationary bubble right now...if that is true its only a matter of time before it works its way down to the economy. All those gains come back and turn into houses, cars, boats, etc...That explains real estate and car prices as well as the peripheral parts that assemble both


Cats already out of the bag bro.

[Anonymous No.29818525]

>>29818227
it wasnt the narrative, but it may have been a driving factor. markets have been fucked since 08. former institutional now retail investors have been invested in btc on the inflation hedge, store of value thesis since at least 2011/2012.

[Anonymous No.29818579]

>>29818424
very simple counter explaination. unrealized gains will not all turn into realized gains, most will turn into realized losses.

that's what you don't understand in a downturn. very few will sell the top and realize their gains. some will hold to the their initial.
there's not enough dollars (liquidity) for the gains in the marketcap right now. things are probably leveraged to some degree and people will lose and the money won't find it's way back.
margin calls are another way of destroying unrealized gains.
If you lived through 2008 you would know.

[Anonymous No.29818656]

>>29818579

>>>2008

Do i ?

Ask me about my 1900 shares of LYG i bought at $33 and still hold at 80 cents.

I will never be rid of this bag

[Anonymous No.29818683]

>>29818525
bitcoin is possibly an inflation hedge, which typically means 2 to 3% a year. It possibly a stagflation hedge, 10% per year. it might even do well with deflation.
but you dropped hyperinflation in there casually without even understanding what that word means. it's 50% per month. you might not even have electricity for a month to access your internet. hyperinflation by definition means complete economic breakdown, and the posters who respond with guns, ammo, food understand it better than anyone else.

[Anonymous No.29818778]

>>29814593
its always funny to see some backwoods retard try to explain their racism. honestly you do you boo your beautiful.

[Anonymous No.29818815]

>>29803364
Prez has the power to set price ceilings since uhhh Nixon or so.
>>29803432
I love the fed as much as the next guy but printing money when your economy is shidding the bed is not necessarily bad. Such as, shooting morphine is questionable but not as questionable when your legs just got blown off.
>>29808968
Savings are M1 now because they're near money. There are no longer any restrictions on how often you can withdraw from savings accounts and they are basically identical to checking accounts in the world of EFT.

[Anonymous No.29818829]

>>29812288
>>>/r/eddit

[Anonymous No.29818877]

>>29818656
my thinking is based on a crash. if there is no crash then you are right but then the US dollar will be devalued even more. that means the stock market moons in nominal terms but crashes in real terms. so both ways you're screwed.

[Anonymous No.29818889]

What Coin you guys are talking about?

I just found a gem! real use case, new technology, growing like crazy!
https://mochimo.org/

Plz share with me more good projects.

[Anonymous No.29819011]

>>29818778

Anybody that thinks niggers are actually human need not be here

remember what i just said as you take your last breathes surrounded by dozens of broke niggers beating you for your iphone

[Anonymous No.29819082]

>>29803142
Fuck, I wish I had more ammo for my mosin.

[Anonymous No.29819203]

>>29803602
>Have a bunch of poland spring water, ramen, and other dry goods stored away in case anything happens to it
>Check it a few months later
>See all the water and most of the food is gone
>MFW it turns out my roommate was eating it the entire time because they thought it was "community food" even though it was hidden underneath a staircase
That fag is lucky I noticed before anything went down. If a boogaloo happened and I found out the emergency stash of food was eaten by my piggo roommate I'd turn them into the emergency stash.

[Anonymous No.29819287]

>>29819203
i end up forcefully eating my stash that I don't like anyway because I don't want to waste food and because nothing ever happens in time before the food goes bad.
also making sauerkraut for boogaloo stash

[Anonymous No.29819567]

>>29809749
It's not a joke, I took these earlier today in Safeway in Calgary.

[Anonymous No.29819654]

>>29809749
>>29819567

[Anonymous No.29819776]

>>29817455
/pol/ rotted your brain. I cant even imagine being retarded enough to think this.

[Anonymous No.29819843]

>>29819654

The dude who's roomies ate his stash really needs to flip the fuck out, used to have roommates that'd do shit like that and it never stops unless you start flipping the fuck out.

Also I hope they're friends don't steal your shit while your working.

[Anonymous No.29819879]

>>29812435
Venezuela

[Anonymous No.29819934]

I really need anything anyone can spare it afraid for my family but they don’t even understand how bad this collapse will be I dreamt of it in 2014 it was like mad max, if any anon can help me I want to keep some kinda contact to repay you in some way if that day happens or if it doesnt, I may not see if you post but I’ll see the wallet address and leave a comment on it to get in touch 100% serious not a larp 349re7XZD9ySesR9rQrKPFjwZreTzTyJaP

[Anonymous No.29819978]

>>29809072
The fourth turning is just starting. There is a crisis in the US every 100 years and the next one is due around 2025-2030. Hyperinflation may be that crisis and you will wish that nothing ever happened

[Anonymous No.29820464]

This is embarrassing, you will never need to use an emergency food stash, check em

[Anonymous No.29820521]

>>29818683
This. No amount of BTC will keep Tyrone and Ping Ling from raping your boipussy when it all comes down.

[Anonymous No.29820657]

>>29809723
people definitely did see it coming.

They really had no other possible option at the time

[Anonymous No.29820705]

Start looking at FIAT as worthless and turn towards decentralized tokens

[Anonymous No.29820850]

>>29818778
>every last black person has the potential to be a rocket scientist, they're being held down by racism and lack of education
Sounds a lot more ridiculous than what the other guy said

[Anonymous No.29820989]

>>29809034
God, what a horrifying vision.

[Anonymous No.29821023]

>>29803142
They go for the democrats will as for a trillion dollar coin again soon.
Mint one of those and and they reckon all the problems will disappear.
God I hope they do.

[Anonymous No.29821450]

>>29803142
>ctrl-f thread
>not a single mention of deenz
none of you will make it, ive been holding a small couple month supply of everything since covid as a general new precaution to never be caught with my pants down again, i slowly cycle through the food anyway so no money is ever really lost

[Anonymous No.29821789]

>>29803142
Implode the economy
Buy up everything cheap
You own nothing and be happy
Love the pod, love the bugs, love Big Brother.

This was actually done by future C1A director Allan Dulles who cowrote the Treaty of Versilles in order to buy up Germany for pennies on the dollar