Hyper Inflation

Hawkeye10 said:
One of the lessons of the Great Recession, I know because I paid attention and listened to people who seemed to know what they were talking about...one of the things that got proven was "Diversify and then you will be OK" is complete Bull Shit.

THere was nowhere to hide, it was only a matter of order.
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I think you're an idiot because what happened back then was due to people putting all their eggs in one basket...real estate.
 
Hawkeye10 said:
How concerned should I be about there being hyper inflation in America over the next 15 years...the max that I expect to live?

If I was concerned about that what would I do with $100,000 cash right now?

I pulled out of the markets Oct 16, expecting a crash.

I am not opposed to going back post crash.

tyvm
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When it comes to hyper inflation, this is the formula of a former fake president, idiot and a fool at tRump and his gutter goons advocating basically engaging in destroying the value of the dollar when it comes to illegally printing money without formal approvals or oversight and proper Congressional oversight. Yet tRump was a counterfeit type fraud of a so-called president, so this atrocity should not be a surprise, and which is an example when tRump's former business school professor called tRump the dumbest goddamn student he ever had:

Trump told Gary Cohn to 'print money' to lower the national debt, according to Bob Woodward's book
"Just run the presses — print money," Trump said, according to Woodward, during a discussion on the national debt with Gary Cohn, former director of the White House National Economic Council.
Cohn was "astounded at Trump's lack of basic understanding," Woodward writes.
Cohn pushed back on the book's claims Tuesday, while Trump has repeatedly called the book a "scam."

As a candidate, Donald Trump pledged to balance the federal budget and lower the national debt, promises that are proving difficult to keep.

Once he won, Trump considered an unusual approach that was quickly slapped down by his chief economic advisor, according to veteran journalist Bob Woodward's new book, "Fear: Trump in the White House," which went on sale Tuesday.

"Just run the presses — print money," Trump said, according to Woodward, during a discussion on the national debt with Gary Cohn, former director of the White House National Economic Council.

"You don't get to do it that way," Cohn said, according to Woodward. "We have huge deficits and they matter. The government doesn't keep a balance sheet like that."

Cohn was "astounded at Trump's lack of basic understanding," Woodward writes.

https://www.cnbc.com/2018/09/11/tru...lower-the-national-debt-woodward-reports.html
 
gemini104104 said:
When it comes to hyper inflation, this is the formula of a former fake president, idiot and a fool at tRump and his gutter goons advocating basically engaging in destroying the value of the dollar when it comes to illegally printing money without formal approvals or oversight and proper Congressional oversight. Yet tRump was a counterfeit type fraud of a so-called president, so this atrocity should not be a surprise:

Trump told Gary Cohn to 'print money' to lower the national debt, according to Bob Woodward's book
"Just run the presses — print money," Trump said, according to Woodward, during a discussion on the national debt with Gary Cohn, former director of the White House National Economic Council.
Cohn was "astounded at Trump's lack of basic understanding," Woodward writes.
Cohn pushed back on the book's claims Tuesday, while Trump has repeatedly called the book a "scam."

As a candidate, Donald Trump pledged to balance the federal budget and lower the national debt, promises that are proving difficult to keep.

Once he won, Trump considered an unusual approach that was quickly slapped down by his chief economic advisor, according to veteran journalist Bob Woodward's new book, "Fear: Trump in the White House," which went on sale Tuesday.

"Just run the presses — print money," Trump said, according to Woodward, during a discussion on the national debt with Gary Cohn, former director of the White House National Economic Council.

"You don't get to do it that way," Cohn said, according to Woodward. "We have huge deficits and they matter. The government doesn't keep a balance sheet like that."

Cohn was "astounded at Trump's lack of basic understanding," Woodward writes.

https://www.cnbc.com/2018/09/11/tru...lower-the-national-debt-woodward-reports.html
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fuckwit.
 
gemini104104 said:
When it comes to hyper inflation, this is the formula of a former fake president, idiot and a fool at tRump and his gutter goons advocating basically engaging in destroying the value of the dollar when it comes to illegally printing money without formal approvals or oversight and proper Congressional oversight. Yet tRump was a counterfeit type fraud of a so-called president, so this atrocity should not be a surprise, and which is an example when tRump's former business school professor called tRump the dumbest goddamn student he ever had:

Trump told Gary Cohn to 'print money' to lower the national debt, according to Bob Woodward's book
"Just run the presses — print money," Trump said, according to Woodward, during a discussion on the national debt with Gary Cohn, former director of the White House National Economic Council.
Cohn was "astounded at Trump's lack of basic understanding," Woodward writes.
Cohn pushed back on the book's claims Tuesday, while Trump has repeatedly called the book a "scam."

As a candidate, Donald Trump pledged to balance the federal budget and lower the national debt, promises that are proving difficult to keep.

Once he won, Trump considered an unusual approach that was quickly slapped down by his chief economic advisor, according to veteran journalist Bob Woodward's new book, "Fear: Trump in the White House," which went on sale Tuesday.

"Just run the presses — print money," Trump said, according to Woodward, during a discussion on the national debt with Gary Cohn, former director of the White House National Economic Council.

"You don't get to do it that way," Cohn said, according to Woodward. "We have huge deficits and they matter. The government doesn't keep a balance sheet like that."

Cohn was "astounded at Trump's lack of basic understanding," Woodward writes.

https://www.cnbc.com/2018/09/11/tru...lower-the-national-debt-woodward-reports.html
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Disorder: Trump on the Brain.
 
Jack said:
One of these is YOU. (Try to figure which one you are)

'Bulls Make Money, Bears Make Money, Pigs Get Slaughtered'.
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In many ways I have spent this entire life as a rebel....and I am for sure leaving as a rebel.

GET BENT
 
Walt said:
Hyperinflation is annualized inflation of above 10,000%. America is not even seeing double digit inflation, much less five digit inflation. Hyperinflation just is not a realistic danger.
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The current inflation rate is almost certainly between 14 and 16.

I was the first on JPP to be concerned about inflation, who claimed that major inflation was coming, and who pointed out that our owners (Carlin) were lying when they claimed it would be no big deal.

I get major points for being right, the best proof there is of education.
 
Hawkeye10 said:
How concerned should I be about there being hyper inflation in America over the next 15 years...the max that I expect to live?

If I was concerned about that what would I do with $100,000 cash right now?

I pulled out of the markets Oct 16, expecting a crash.

I am not opposed to going back post crash.

tyvm
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Do you know what, "hyper inflation" is? Prove it, drunk Nazi death poet!
 
Hawkeye10 said:
"Nasty, and proud of it!"





*SEE SIG*
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For once in your miserable life, what is, "Hyper Inflation". Answer a damn question. Prove you're not just a pathetic drunken Nazi death poet.

What are the 4 signs of hyperinflation? Are any of those indicators occurring now? C'mon sage..this is your chance to show how smart you are. Go!
 
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