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Thread: Hyperinflation, who's next?

  1. #31


    Quote Originally Posted by maxwellsilverhammer View Post
    my son drivees for a living and it went up 20 cents in arizona this week/ f uck you biden
    When those can print trillions and infinite money to spend, they can basically make price all up until no one can afford except those who can print.

    Next is they can even ban bank account based on "social credit" score and even Billionares like Russians or any "terrorists" with money, AI puppet can decide and ban bank account so even if people earn the money they cannot spend them unless further approval.

    Digital rules can be enforced easily when all enjoy the convenience of internet economy.

    They can ban bank account as easy as Twitter / FB censorship.
    He who knows nothing is closer to the truth than he whose mind is filled with falsehoods and errors. ~ Thomas Jefferson

  2. #32


    this winter will be interesting in EU

  3. #33


    burning of the house

    little do they know, hillary got gadaffi first.
    libyans are now just burning the leftovers

  4. #34


  5. #35


    Excellent chart ^^^
    1835 Andrew Jackson had US debt at ZERO $0
    175 YEARS later .......
    2008 Owebama started at $10 TRILLION, left 2016 at $20 TRILLION
    So from 2008 - 2021 (13 years) added $20 TRILLION

  6. #36


    Now rumors of a coming Fed pivot?? Will there be an actual pivot that will further inflate markets? Will there be a tease pivot that lasts just long enough to draw more people into risk before the big bottom drops out? Will the pivot fail to happen at all?
    “The Federal Reserve is not currently forecasting a recession.”
    Fed Chairman Ben Bernanke, January 2008
    This is no longer posted in the Fed Minutes of January 2008, but still quoted here - The FOMC minutes still quote MR. Reifschneider. as stating the same thing.

  7. #37


  8. #38


    I heard some rumors about rate cuts. Just a few next year, I figured as much to buy some votes. The lag for rate cut effects on economy can go up to two years and the fed may be in some kind of wait and see approach at this point. I feel like it has been a tough year for the consumer, like maybe the more spending (go consumer!), is because they get the same items as before, just pay more for them.

    It's different everywhere, like Japan, wage growth has not kept up, and they have thrown the towel in on accepting 4% yearly inflation. Here we abuse dollar hegemony, it works for us.

  9. #39


    Quote Originally Posted by yellowsnow View Post
    i can say running debt into insane level means borrower has no intention to pay
    Since debt is money, there is no intention to repay. They just got way over their skis during the covid crap.

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