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When people say inflation is going to hit bad what do they mean?
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05-02-2021, 09:47 AM
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#1
- baroni01
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- baroni01
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When people say inflation is going to hit bad what do they mean?
I've heard with all this spending the Administration is doing that it's going to be like the 70's but I wasn't there. Like what are we talking about exactly? What kind of prices are we looking at for gas, food, etc.?
05-02-2021, 09:49 AM
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#2
- SamIAm1892
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- SamIAm1892
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Pretty much Baroni pasta will be $20 a box rather than $2.50 at your local walmart. Luckily I am all stocked up and will be jacking up my prices when the time comes.
05-02-2021, 09:51 AM
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#3
- PassiveLearner
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- PassiveLearner
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It already hit. If you include housing we’re inflating to the moon, Boyos. Unless you’re getting big raises to keep up, you’re getting poorer by the day
BORN: 6/15/2006 DIED: 5/31/2021
I'll misc you, brahs!
05-02-2021, 09:57 AM
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#4
- LexBrah
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- LexBrah
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I've been seeing a lot about this lately, especially in the US.
But what people are now talking about is whether it will be superinflation or super-deflation
I can't really workout the difference though. I think deflation is when everything becomes cheap, people get fired, nobody buys anything and its like a recession.
And inflation is where people are massively overpaid and everything becomes super expensive.
I'm legit funneling a lot of money into real estate and BTC/ETH.
But what people are now talking about is whether it will be superinflation or super-deflation
I can't really workout the difference though. I think deflation is when everything becomes cheap, people get fired, nobody buys anything and its like a recession.
And inflation is where people are massively overpaid and everything becomes super expensive.
I'm legit funneling a lot of money into real estate and BTC/ETH.
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