10-23-2021, 08:22 PM
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#31
- ElArteSuave
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- ElArteSuave
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Originally Posted By r32gojirra⏩
https://www.youtube.com/watch?v=IOJXRs_V5CwI was thinking of filling a bunch of plastic bags with gasoline but I loaded up on real estate instead
Got enough land to do my next 2 developments dunno what happens after that
Got enough land to do my next 2 developments dunno what happens after that
garbage cans work better
10-23-2021, 08:24 PM
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#32
Originally Posted By SoutheastBeast1⏩
But yet you skipped over every point made in this thread, including mine, then used only one as your basis of argument against me.That's my point. Although my first post wasn't even directed at energy costs. It was at OP fear mongering.
Kraken wanted to come in here talking about his sh*t tier financial planning skills acting like hikes in energy over a year is now validating OP's wild claims of hyperinflation and stocking up on water and ammo. All he did was made himself look stupid as f*ck and he's mad about it because I negged him for being a moron. Imagine trying to defend a troll like OP by making idiotic posts in a troll thread that's not even yours.
Kraken wanted to come in here talking about his sh*t tier financial planning skills acting like hikes in energy over a year is now validating OP's wild claims of hyperinflation and stocking up on water and ammo. All he did was made himself look stupid as f*ck and he's mad about it because I negged him for being a moron. Imagine trying to defend a troll like OP by making idiotic posts in a troll thread that's not even yours.
FYI, he's not the only person warning of hyperinflation. Larry Summers, former Secretary of Treasury also warned of it just recently. The Wall Street Journal has written about it earlier this year. Michael Burry also gave the formula showing it's on its way.
Printing trillions + dramatic decrease in production (including fossil fuels, debt to gdp ratio) + supply chain issues (including energy supplies) + Massive stock market/investment game, then the pull out = 100% chance of disaster.
There are replications of the Weimar Republic and its collapse (Reparations and all, aka social justice policies being played by banks and the fed), as well as consistencies within the 1970s inflation crisis.
One party system; Most Republicans are Democrats, but no Democrats are Republicans.
Hayek and Mises were right; they're all socialists.
"To Call something fair or unfair is a subjective value judgment and not liable to any verification" Ludwig Von Mises
10-23-2021, 08:31 PM
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#33
- friesbruh
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- friesbruh
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CNN: why hyperinflation and a worldwide depression is actually a good thing
Bills crew / Bud Light crew / extra onion crew / M&P crew / lcp2 crew / ap3 crew / Trump crew / mcdonalds app crew / cat-owner crew / Tin Cup crew / self-checkout crew / country music crew / RIP snails crew / 214CE crew
10-23-2021, 08:34 PM
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#34
As per Wiki;
"In economics, hyperinflation is very high and typically accelerating inflation. It quickly erodes the real value of the local currency, as the prices of all goods increase. This causes people to minimize their holdings in that currency as they usually switch to more stable foreign currencies"
Foreign currency? Bitcoin ring a bell? Inflation is when value of the dollar is lost. Hyperinflation is when the prices of goods go up with it.
Again, don't argue ONE point and think you've won. There is a lot more to it than that one point. Scarce resources, like natural gas, gasoline, propane, yes, even water, etc all go up too. It wasn't a coincidence they were warning of energy costs shooting up. The 30% was a conservative number, probably to keep from scaring people. IN reality, you can bet it will be a lot more.
"In economics, hyperinflation is very high and typically accelerating inflation. It quickly erodes the real value of the local currency, as the prices of all goods increase. This causes people to minimize their holdings in that currency as they usually switch to more stable foreign currencies"
Foreign currency? Bitcoin ring a bell? Inflation is when value of the dollar is lost. Hyperinflation is when the prices of goods go up with it.
Again, don't argue ONE point and think you've won. There is a lot more to it than that one point. Scarce resources, like natural gas, gasoline, propane, yes, even water, etc all go up too. It wasn't a coincidence they were warning of energy costs shooting up. The 30% was a conservative number, probably to keep from scaring people. IN reality, you can bet it will be a lot more.
One party system; Most Republicans are Democrats, but no Democrats are Republicans.
Hayek and Mises were right; they're all socialists.
"To Call something fair or unfair is a subjective value judgment and not liable to any verification" Ludwig Von Mises
10-24-2021, 12:44 AM
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#35
- DoragonKingu
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- DoragonKingu
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Originally Posted By GreatReset1⏩
How can you prepare to survive Hyperinflation?What are you guys to prepare for the greatest depression the world has ever seen?
Jack Dorsey just tweeted that hyperinflation is coming. Everything is going up in price.. supply chains are being destroyed.
Stock up on water, canned goods, guns, ammo, and gold and silver if you can.
Be prepared to defend your house and family when the police are overwhelmed and chaos ensures.
Build strong bonds with trusted friends and family members and have a bag ready to go.
Have a isolated place picked out that you can go to for safety if you are lucky.
Jack Dorsey just tweeted that hyperinflation is coming. Everything is going up in price.. supply chains are being destroyed.
Stock up on water, canned goods, guns, ammo, and gold and silver if you can.
Be prepared to defend your house and family when the police are overwhelmed and chaos ensures.
Build strong bonds with trusted friends and family members and have a bag ready to go.
Have a isolated place picked out that you can go to for safety if you are lucky.
Have a bag ready to go where?
What will you do when your food stock supply runs out?
What can the common man actually do when he is facing major global crysis?
10-24-2021, 12:48 AM
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#36
- AlwaysFocus
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- AlwaysFocus
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Originally Posted By SoutheastBeast1⏩
might not for you or me but plenty of retards irl who live cheque to cheque and have debt out the azzYes because a 30% increase to your energy bill means you need to "Stock up on water, canned goods, guns, ammo, and gold and silver if you can." and you also better "Have a isolated place picked out that you can go to for safety if you are lucky."
F*cking idiot. No one said inflation doesn't ever rise and fall. You act like your 30% energy increase is the second coming of the Great Depression. Some of you just want the world to be in chaos because your lives suck. Keep fear mongering to the extreme because your energy bill for the month went from $120 to $155.... society will surely collapse because you have to find a way to save an extra $35 each month LMAO
F*cking idiot. No one said inflation doesn't ever rise and fall. You act like your 30% energy increase is the second coming of the Great Depression. Some of you just want the world to be in chaos because your lives suck. Keep fear mongering to the extreme because your energy bill for the month went from $120 to $155.... society will surely collapse because you have to find a way to save an extra $35 each month LMAO
these kinds of increases will absolutely destroy those barely hanging on
30% is a lot for an increase of energy with a year
I actually know people that cannot afford to pay energy bills as they come, they have to go on a plan that will give them exactly the same bill averaged over the year
10-24-2021, 12:51 AM
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#37
- roko79
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- roko79
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Originally Posted By RICHSTRONG⏩
And NYC too. Soon we all will be Gucci (literally)Cmon Biden...give us some more checks. Also, if the democrats would make it legal to shoplift everywhere like Cali we'd all be gucci
Gas is currently 3.55 a gallon and growing, here by me, and people in this thread think the only difference is a 30 dollar heating bill increase. Wait til you are paying 7 dollars a gallon for milk or 6 dollars for a dozen eggs, in addition to a dozen other things. Yes those increases won't cause you to go broke individually, but it's not sustainable for a majority of the country.
It will only force more people onto government assistance, further relying on SNAP benefits for meeting the bare minimum. Combined with low job growth, a global energy crisis, an increase in our debt ceiling, unrepentant spending, a global supply chain crisis, and hords of illegal immigrants being welcomed and provided relocation packages by the feds, how can anyone think this is ok?
Nobody remembers the run on every grocery store when the pandemic began? And that was only expected to last two weeks. This will be worse, and last much longer.
If you are not willing to risk the unusual, you will have to settle for the ordinary
**New Jersey Crew 908**
Upstream, Red Team
10-24-2021, 02:03 AM
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#38
- Joseph1990
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- Joseph1990
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Originally Posted By TugOfPeace⏩
You wake up one day with a funny feeling in your angus. You feel around down there and pull out a used condom.Is hyperinflation gradual or do we wake up one day and everything is fuked? Srs question.
Id imagine those people who are heavy in physical assets and manage to stockpile necessities for the long term, come out ahead in a hyperinflation scenario, right?
Also those people with money invested in the market are safe?
Id imagine those people who are heavy in physical assets and manage to stockpile necessities for the long term, come out ahead in a hyperinflation scenario, right?
Also those people with money invested in the market are safe?
Control group crew membership revoked 7/5/2022 1:50pm PST not proud.
Inb4 honorable FDA/CDC/NIH/WHO representatives
J.L.C,
NextPound,
mgftp,
SillieBazzillie.
10-24-2021, 02:21 AM
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#39
- Scottybby
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- Scottybby
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Originally Posted By TugOfPeace⏩
Takes about two weeks from beginning till the endIs hyperinflation gradual or do we wake up one day and everything is fuked? Srs question.
Id imagine those people who are heavy in physical assets and manage to stockpile necessities for the long term, come out ahead in a hyperinflation scenario, right?
Also those people with money invested in the market are safe?
Id imagine those people who are heavy in physical assets and manage to stockpile necessities for the long term, come out ahead in a hyperinflation scenario, right?
Also those people with money invested in the market are safe?
Then maybe two more weeks
10-24-2021, 02:23 AM
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#40
10-24-2021, 08:49 AM
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#41
- GreatReset1
- Biden's America 🤡
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- GreatReset1
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Hyperinflation is real and will effect the USA in the next 18months.. guaranteed.
Borrow as much debt as you can and buy gold, silver, physical assets, etc.
Borrow as much debt as you can and buy gold, silver, physical assets, etc.
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