About a year ago and people were discussing the extra unemployment money, stimuluses , and other handouts being given out and there were threads not only here but other places such as social media. I said that there would be a lot of inflation coming because historically that's what happens when you print money. I was told that wasn't true, and that I don't know what I am talking about, and even had someone with a finance degree basically school me about how it worked. People were saying "what about those who need it" and that I should be happy for them. I got blocked from a lot of these conversations.

But now here we are. Can't even do a "told you so" because the same idiots are now doubling down that the printing of money had nothing to do with it and give all kinds of other reasons for why prices have gone up. Honestly I don't even want to say anything let alone argue, or even offer any facts. People want to believe whatever they want to believe and there really isn't much hope for them. Just scary how large of a portion of the population they make up. I'm turning into a grumpy old man who just doesn't give a fuk. I have no room in my mind nor any empathy for the suffering of most people who damn well put themselves where they are every day.

They’re gaslighting us into thinking that nobody saw this coming

Inflation is not bad actually, compared to the printing. Deflation is coming SRS

It's not like everyone being an idiot is a new thing. It's just becoming more blatant, no reason to get jaded

Governments have been getting their servants to deny their own senses for awhile. Now is no different than when they convinced you that the sun is 400x larger than the moon, yet appear the same size. For a second be open and think how long these mind games have been going on?

Hope you invested wisely

Money in the bank past an emergency fund is becoming worthless

how does printing money cause inflation?

nothing is real

It’s transitory bro. Just give it two more weeks

If anything really matters, everything matters.

Equation of exchange (srs)

Money supply times money velocity equals prices

Funny thing is that we're just getting started with the whole inflation thing. It's gonna get a lot worse in my honest opinion and people will die. I know it sounds like a pessimist but this is usually how these things go. With rising gas prices and Russia essentially cutting the West off of much needed fertilizer, we will see prices go even higher in supermarkets. I recently read that the Canadian Government isn't ruling out giving out subsidies to companies in order to tackle rising prices i.e. more inflation. (If I'm not mistaken that is)

People voted for this. They had a chance to steer the ship and yet people went out and voted for idiots. Idiots who printed money and put in place lockdown after lockdown. We deserve this as a society and I hope those who voted for these idiots feel some degree of pain for their recklessness. I would encourage all miscers to stock up on supplies if you haven't already and to be prepared for things to go into turbo max. I'm going out this week to buy much needed supplies that will last me and those close to me at least a few months.

Not sure where all this Russian fertilizer need comes from. I thought most of the worlds pot ash comes from Canada.

Uh... the Sun is much larger than 400x the size of the moon. You could literally fit 1 million planet Earth's into it.

That’s what you’re told, yes. Have you been to the sun?

What percentage of all that printed money did Americans actually get? Most of the money actually went to other bullchit and not Americans.

It’s a combination of cost-push inflation (e.g. oil) plus money printing plus government stimulus plus the economic recovery getting underway and potentially wage claims from unionisation

But yeah money is basically worthless at this point

People who lived through the previous ruble devaluations have seen it all before

How is it not bad? I have 3 years left on my contract before I negotiate a new inflation raise. Ive got investments that have done well so I can kind of avoid it but it's really bad for retired people on fixed incomes.

Yeah unfortunately people are too sheep like to even understand. They will blame it on covid. I will blame it on policies put in place during COVID, like printing money and stagnating the economy. Some people literally are not capable of grasping concepts.

I prefer the Quantity Theory of Money as an easier way of understanding inflation. More money in circulation = the higher everything costshttps://www.investopedia.com/insight...eory-of-money/

We've been barely surviving (if you consider slowly dying) for a long time now. 2008 gave the illusion that it was working. Plebs really gonna go and say "it was working you were always wrong!!!!"

Inb4 retard bubble rider joke about how economists predict more recessions than actually occur

I'm gonna play devils advocate and argue there are other functions causing inflation.

1. Our dependence on manufacturing, namely from china. China shut down entire provinces over just a few cases of COVID. Provinces that produce, fertilizer, chips and other goods. As their factories lie idle inventories and supply diminish. Supply goes down cost goes up, elementary level economics

2. Increased cost of energy. The price of every good we consume is tied to the amount and cost of energy used to produce and ship said item. When you increase the price of energy(gas) you also increase the cost to produce items and ship items.

I have the same issue with people i know. Saying it was covid's fault and not the policy that was made.

I knew there was no way this didn't all come back to bite us in the ass, but everyone was always saying "we gotta save lives! and do you not care about the old and sick?". Because no one wants to think of the costs down the road. The negatives of those policies will be felt for years to come.

b-but how could more dollars chasing a finite supply of goods cause prices to rise?!

Everything except the price of labour, LMAO

There are half a dozen ways to accurately calculate the size of the sun, you don't have to go there with a tape measure to find out. If you go look up the basics of geometry and astrophysics you could probably do the math yourself.

The less you know about something the easier it is to doubt it exists. If that measurement is incorrect than what is the correct one? If you don't know, then how are you sure it's incorrect in the first place?

If it wasn't correct it would very easily be disproven by counter measurements and calculations. That's how science and math work. Im noy saying to trust science blindly
but some things are just so easy to prove/disprove that they wouldn't be useful to misinform people.

Where are the real estate bubble-*******s these days? LMAO, biggest copers

Every time you create a dollar the dollars that were already in existence are worth slightly less. This is because resources are finite while dollars can be infinite.

Just buy a 3d printer and 3d print food and gold, easy!!

Check the math for yourself.

Or maybe check some of the math.

Or maybe check some of the equipment we use to calculate these numbers.

Somethings just dont add up. It's easy to see the stuff going on today, but honestly how long do you think these government/churches have been playing these mind games? How long have they been in a fight to keep the servant in servitude?