Please stop this inflation bullshit Yanks

[Anonymous No.49458692]

Petrol prices at the forecourt are going up about 5p a day, how are we supposed to survive?

[Anonymous No.49458748]

>>49458692
The best thing is the number 1 who profits is putin

[Anonymous No.49458753]

>>49458692
>everyone in the world is shitting and pissing about gas
>saudis pumping prices
>somehow america (who doesnt even produce/export oil under biden) is at fault
Rent free.
I hope Putin really does strike you faggot yuropoors asafp.

[Anonymous No.49458820]

>>49458692
You know this hasn't even started right? Without being hyperbolic, the only thing reducing demand right now is an expectation that the mother of all disinflationary depressions is on the way because they will actually hike rates and more importantly allow the bond market to sell off to raise the 10yr rate.
That's horseshit; the congressional budget office says they want to 'reduce' the deficit from 3 trillion to 1.2 trillion avg until 2031.
That's over ten trillion in new money, supposedly financed at a higher interest rate? How are you guys not picking this up yet, that is literally the government telling you it is going for full on inflationary recession for the next 10 fucking years.
Gas right now is cheap.

[Anonymous No.49458832]

>>49458692
i live in UAE
price is now around $1.1 per liter
IN UAE

[Anonymous No.49458852]

>>49458692
At least we get to stick to putin

[Anonymous No.49458868]

>>49458692
ride a bicycle you fucking street shitter

[Anonymous No.49458893]

>>49458820
Fucking Jesus. Recession inflation

[Anonymous No.49458897]

>>49458753
>he fell for the Putin Price Hike meme

[Anonymous No.49458901]

>>49458820
Crypto is still going to crash though, isn’t it?

[Anonymous No.49458961]

>>49458692
dont worry itll only get worse

[Anonymous No.49458974]

>>49458901
No. When money supply increaes, the value of the dollar goes down and the price of risk assets skyrockets. You literally saw it happen through covid. The general cost of living is the thing that assrapes people.

Its good for /biz/ but bad for the average joe.

[Anonymous No.49459136]

>>49458974
>>49458901
also note that it isnt just a straight line up. Prices in all risk assets other than housing and commodities will be incredibly volatile as the government flip flops between increasing money supply to stop a depression and increasing interest rates in order to account for the increased money supply. Pic related will happen where you get huge crashes and huge pumps as the dollar dies

[Anonymous No.49459142]

>>49458893
printing and spending while the economy contracts is literally zimbabwe. There is literally no worse case scenario than gdp declining and the US government having zero fucks to give about spending money. Even if the Federal Reserve was truly independent, they would be killing thousands or millions if they hiked rates while the government financed itself at 5,6,7..15,16,17%?!?

They did it in 1980 because they had 31% debt to gdp.. they could afford higher interest payments. US is already spending 430 billion on interest a year (4th budget item) and that's a 1.53% efffective rate.

Guys. That's 1.53% effective interest rate and it's 430 billion fucking dollars. They are NOT planning on financing over 10 trillion of debt from here to 2031 (it's gunna end up being more we all know that) at 7%.

[Anonymous No.49459255]

>>49459142
We already have crazy double digit inflation and shortages but the federal government doesn't seem to care.
I never thought I'd live to see the U.S. turn into Venezuela or Zimbabwe.

[Anonymous No.49459325]

>>49458897
Nowhere in my post did I state anything about Putin other than that he would nuclear strike yurope so fags would quit seething about American Superiority.
>muh snarky little gaslight
Go back newfag.

[Anonymous No.49459353]

>>49459255
This is fucking happening. They have zero plan to combat inflation, the evidence is that bond market which is HOLDING NEGATIVE US DEBT because they fully expect that the bond buying programs will get spun up again if the yields rise too much.
This is literally all I can think about all day lol, it's the biggest story since literally the french revolution. The US might lose the republic because of this, and it's pretty fucking obvious how if you just watch these assholes print the country into oblivion.

[Anonymous No.49459418]

>>49459353
I kind wish they speed it up, instead of boiling the frog

[Anonymous No.49459445]

>>49458820
>inflationary recession
what does this mean exactly?
The thing is; I'm doing my masters and am considering taking out a loan again. I'm a yuropoor so I got favourable ones that started at 0% interest and 1%. The last one would be 4% however. Is it worth investing this money into appreciating assets now? I'm unironically thinking of rare instruments for instance, and some into smart options ( one thing I eyed was the rivian dump, which did dump just as expected)
Will the 4% interest fuck me long term? Or if like you're saying we are going full zimbabwe, shouldnt we debt max now anyway?

[Anonymous No.49459462]

>>49459255
this is what ha;pens when the world lets the US election get stolen AND congratulates the stealer worldwide the next day. you all get what you fucking deserve

[Anonymous No.49459488]

>>49459353
I think the U.S. will definitely balkanize soon, there's no way a senile pedophile like Biden can hold the country together. They will never stop printing either no matter what the FED tries to pretend, so I wouldn't be surprised if next year we see three-digit inflation.

Inflation spirals out of control real quick and the only thing Biden is doing is begging the Saudis for more oil, so I expect 2023 to be a very fun year.

[Anonymous No.49459573]

>>49458852
Kek’d. Russia profits immensely from the rise in oil and gas prices

[Anonymous No.49459652]

>>49459488
Texas technically has an option built into the Union allowing it to leave, a la Taiwan.
They will not stop printing! They were at 31% debt to GDP in 1981, 66% debt to GDP at the end of Bush. At end of Obama it was 101%... Trump before covid 108%... went up to 144% and now is around 138% debt to GDP.
The next state of the union address is gunna be something to watch guys holy shit.
>>49459418
Honestly, I'm going to tell you the silver lining: The boomer generation is gunna be right fucking next to us as we go through this lol.. Even if they tap tap the brakes (so to speak) look at the damage being done to the economy. Each time this happens they print, repo, bond suppress etc... Each time they take a hit of the heroin needle or whatever they need a bigger dose.
The US government owns 8/30.5 trillion of the bond market. Lmfao they are NEVER going to find buyers for those bonds, to say they are going to unwind them into the market is like me saying i'm going to walk into the Mr Olympia competition tomorrow at 180 pounds and win...

[Anonymous No.49459701]

>>49459652
Yeah, it's funny how boomers thought they could kick the can down the road long enough so they could die before they suffer the consequences of their actions, but karma's a bitch and now they'll suffer alongside us all kek

[Anonymous No.49459807]

>>49458692
relax it's inflation on the price of gasoline not petrol whatever the fuck that is

[Anonymous No.49459876]

>>49458692
The American Govt needs oil prices to soar, to make people stop spending money, and thereby combating inflation.

[Anonymous No.49459882]

>>49458753
>supply chains fucked
>EU + Amerishart boomers freak out even more to save themselves from dying
WHY ARE GAS PRICES SO HIGH
Also Gas for Rubbles = Gas for EU but with a middleman charge.

[Anonymous No.49459904]

>>49459701
LMFAO they INSISTED on doing Covid lol
They literally BENT OVER BACKWARDS to fucking destroy personal freedoms, wipe their ass with bill or rights etc and all the while the meter was running.
Mommy and daddy are gunna be right next to junior as he confront a politically unstable north america, a world pissed off about us suddenly refusing to export food/water/fertilizer, and the fucking worst wealth inequality in over 100 years. Actually it's probably gunna be worse than that, I personally don't know if North America has ever seen wealth inequality THAT bad, even Rockerfeller era 1920's was still ok compared.

[Anonymous No.49459916]

>>49459462
lol, the president of the US is there to manage military matters. Other politicians manage the economy.

Even if the president could be held accountable for inflation it was Trump's administration who printed all that money and gave it to the banks. Did you conveniently forget that?

[Anonymous No.49459969]

>>49459904
this. Rockerfeller era was still held by a shared culture not tribalism dictating politics. You also had a lot of people being able to move out west for homesteading or conquer new spaces if they didn't want to stay in the bugman hives of the east coast.

[Anonymous No.49460037]

>>49459904
It's way worse now. Just look at Lebanon where a fuckton of people got rugged by their bank and lost almost everything. I have no idea how people will cope.

[Anonymous No.49460082]

>>49458692
i just want to look like this with these gas prices

[Anonymous No.49460136]

>>49460037
I would love to see a fucking bank run in the west to see the boomers face

[Anonymous No.49460139]

>>49459904
>>49459445
pls respond. To debtmax or not.

[Anonymous No.49460143]

>>49459969
>>49460037
People are not going to cope, we are forgetting that if you do not respect the fact that angry young men run humanity, you forfeit everything when the time comes!
You think germans were born fuckign wingnuts in 1900? They were vulnerable to listening to all kinds of wild ideas because they had nothing left to lose! Wallpaper made of marks, burning money to stay warm? being paid three times a day so they could actually spend the money before it was worthless at end of day!!!
they will not cope... if they can be fed, Robespierre will have a harder time making the town square into Guillotine festival, but if we do not feed the people...

[Anonymous No.49460151]

>>49459916
>no it was the other parties fault

[Liquidate all over me No.49460182]

Its just transitory inflation. Youre wages are higher. I bet you have a hard on for putin, dont you?

[Anonymous No.49460203]

>>49459969
you can still do that yknow

[Anonymous No.49460216]

Don’t you bastards have oil in the north sea? get it yourself

[Anonymous No.49460228]

>>49460182
Transitory inflation transitioned me to becoming poor

[Anonymous No.49460233]

>>49460139
If the debt has no recourse (no collateral), like credit card debt for example, you risk only your credit score. That being said credit card debt is 23% apr so...
Mortgages obviously collateralize the home, Car loan the car so on so forth... Maybe see if you can incorporate and hide behind bankruptcy?
Debtmax so that you lose everything just as asset become unattainable is not a good move so be careful.

[Anonymous No.49461235]

>>49458692
Get to sucking, gas or dicks. You're choice.

[Anonymous No.49461292]

>>49461235
I meant what I said.

[Anonymous No.49461362]

>>49458753
There was some retard in another thread who was convinced that Biden not immediately bending the knee to the dead saudi reporter was the death of the petrodollar and that he was solely to blame for the world's gas prices. Then when he was called out on it he started calling people niggers and to go read books. Fucking faggots I swear.

[Anonymous No.49461559]

>>49458901
An inflationary recession for the USD denominated economy would have holders shying away from selling for USD. Liquidity would dry up and candles would get longer going up and down.

[Liquidate all over me No.49461579]

>>49460228
Thats russian propaganda. Trump is why youre poor.

[Anonymous No.49461646]

>>49458692
stop making up words retard

[Anonymous No.49461658]

>>49458820
This anon fucks.
screencapped
Adjusted for any inflation metric energy and food is historically cheap NOW.

[Anonymous No.49462380]

Friends, what if FED or treasury decide to reduce the burden of US Debt by devaluing US dollar by, say, 50%. Overnight.

What would you think will happen??

[Anonymous No.49462657]

>>49461658
Lmfao, what is national debt.
Look up subsidies.

[Anonymous No.49462912]

>>49458974
The value of the dollar is priced against a basket of foreign currencies. It's possible for the US to have very high inflation and a strong dollar, and therefore no incentive for countries/institutions hold BTC over USD.

[Anonymous No.49462926]

>>49461362
I was following you until you brought the guy's sexual orientation into it.... what made you think he liked having sex with other men?

[Anonymous No.49462985]

>>49462380
https://www.youtube.com/watch?v=W5zxYDHwf-Y

[Anonymous No.49465312]

>>49462985
Thanks, https://www.youtube.com/watch?v=7XQFhg6S6m0

[Anonymous No.49465586]

>>49458868
Get in oven bitch boy.

[Anonymous No.49465607]

>>49458974
You sir are a special breed of stupid, I've accuratly predicted every major market change in the last decade.

Enjoy your box.

[Anonymous No.49465757]

>>49458820
capad this shit as well. I love a good doom post. I've been waiting for this 2 week happening for months now lol

[Anonymous No.49466755]

>>49458692
green transition
bugs
pods
something something something

[Anonymous No.49466784]

>>49458832
TURN ON THE PUMPS YOU ARAB FUCK

WE'RE DYIN OUT HERE

[Anonymous No.49467177]

>>49465757
It's all about those bond yields lol.
CPI comes out in a few days, maybe the debt markets feel like taking one for the team for another 30 days hahah, negative interest rate bonds makes perfect fucking sense

[Anonymous No.49467917]

>>49467177
Wise anon is wise. What effect do you think the .5% rate hikes for June and July will have on the economy as a whole, and the housing market? Obviously HELOC's and adjustable rate mortgages will feel it, and if Im not mistaken, credit cards with adjustable rates as well because the cost of borrowing money becomes more expensive.