Hyper Inflation

Hawkeye10 said:
I loaded up on a couple of cases of the Good Stuff in Dec at Total Wine and More.

A great call!
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What is hyperinflation? What are the leading indicators? Were any of these present in Q2, 2022. C'mon.. now's the chance to show us what you know. Prove to all of us you're not just a drunken Nazi death poet.
 
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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Hawkeye10/goat doesn't even know what it is. I've asked him twice. He's just a useless troll.
 
Hawkeye10 said:
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.
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Inflation is probably up between 18 and 20% with 24.6% unemployment. That's approaching stagflation.
 
goat said:
Inflation is probably up between 18 and 20% with 24.6% unemployment. That's approaching stagflation.
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UM no, for one thing we dont have hardly any unemployment, what we have is a lack of desire and/or need to work, which has been stoked by the Revolution.
 
goat said:
Inflation is probably up between 18 and 20% with 24.6% unemployment. That's approaching stagflation.
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Hawkeye10/goat. Define, "Hyperinflation". C'mon dude. You're on.. time to show us all how "educated" you are.

We're ready.
 
Hawkeye10 said:
The current inflation rate is almost certainly between 14 and 16.
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Inflation, as opposed to supply chain problems, is almost certainly between 4% and 6%.

Hawkeye10 said:
I was the first on JPP to be concerned about inflation
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The alt right has been terrified of inflation before you ever posted here. Even when deflation was the great danger, they were posting about inflation.
 
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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Hyper inflation is not a strong risk at this point. Powell would have to continue to make even more foolish decisions and he would almost certainly be removed if it started to be a threat.
That said we could very well be looking at an extended depressed market (3-10 yrs).
Gold/silver is not behaving as conventional wisdom suggests it would and nobody understands why.
Wait out for the bottom (4th qtr or 1st qtr maybe) and then gotta have stocks.
 
Hawkeye10 said:
UM no, for one thing we dont have hardly any unemployment, what we have is a lack of desire and/or need to work, which has been stoked by the Revolution.
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Oh, man. He's got his socks talking to each other, again. LOL.

What's "hyperinflation" guys?

You know what? Nevermind. You don't have a clue.
 
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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Make sure to invest in tangible items and ones that will beat inflation. It's unlikely the markets will crash. Where you don't want to be is in fixed cash assets.
 
• I N F L A T I O N - FLASH (June 10):
May 2022 Annual CPI Inflation of 8.6%, and Annual ShadowStats Alternate “Corrected” CPI Inflation of 16.8% jumped to respective new 41- and 75-year historic highs, on top of rebounding gasoline prices.
 
Hawkeye10 said:
UM no, for one thing we dont have hardly any unemployment, what we have is a lack of desire and/or need to work, which has been stoked by the Revolution.
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Real unemployment numbers just came out at 24.6%. Unemployment hasn't been below 20% in 13 years. We're very close to what we saw in 1929.
 
Celticguy said:
Hyper inflation is not a strong risk at this point. Powell would have to continue to make even more foolish decisions and he would almost certainly be removed if it started to be a threat.
That said we could very well be looking at an extended depressed market (3-10 yrs).
Gold/silver is not behaving as conventional wisdom suggests it would and nobody understands why.
Wait out for the bottom (4th qtr or 1st qtr maybe) and then gotta have stocks.
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Because market for gold and silver is to a large degree black market is the obvious conclusion.
 
goat said:
Real unemployment numbers just came out at 24.6%. Unemployment hasn't been below 20% in 13 years. We're very close to what we saw in 1929.
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What the actual fuck? Oh my god.. these people have access to computer keyboards... there should be at least a 5-day waiting period :)

24% - you guys are Russian trolls. or worse.. that's just shamful what you just did.
 
Hawkeye10 said:
Because market for gold and silver is to a large degree black market is the obvious conclusion.
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?

if you are suggesting black mkt is pricing higher why would anyone pay more ?
yes its better to not leave a trail but doesnt seem to make sense.
more likely there is just too much of it but I'm not sure thats the case either.
 
LurchAddams said:
What the actual fuck? Oh my god.. these people have access to computer keyboards... there should be at least a 5-day waiting period :)

24% - you guys are Russian trolls. or worse.. that's just shamful what you just did.
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It’s cheap as hell for Russia to run disinformation programs


Other nations have taken notice too

A good way to spot them is their misunderstanding of American culture


I once had a bot hole who was claiming to be a middle aged black woman liberal


She would insult everyone and call everyone a racist for the dumbest shit


I made a vague reference to strange fruit



She…. Well it


Did not get the reference


I was sure at that very minute what it was


It doesn’t post here any more
 
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