The future of the US

[Kraken]

Out of the frying pan and into the fire for Venezuela

https://www.msn.com/en-us/money/mark...ls/ar-BB1ei8Dj

Cryptocurrency isn’t a viable option either. It’s highly volatile and susceptible to manipulation by groups and individuals. Our only option is to stop printing money and just deal with the fall out (unemployment etc). There is no other viable alternatives. The bandaid must be ripped off and we just need to deal with the consequences of such reckless policies of printing so much money.

[TaeBoNinja]

Well Canada is way worse in this regard. But wagecels are gonna have it rough

[Kraken]

No, your only option is to find a down to earth female, have kids, form a strong family, invest your money, build a huge nest for your kids, and enjoy life with your family. Add in some gardening for sustenance and you're set. Your goal should be to pass away one day and leaving your kids a huge nest so that they can grow that nest even further and have an easier life thanks to dividends and or the rent collected from real estate.

There was never any other option. Quit panicking. Take advantage of the system in front of you and don't feel sad if a portion of the population is poor. They voted for the policies not you.

Great ideas, but if you don’t know how to stay ahead of inflation, you could lose all of that. The cost of fuel is going to be insane. Energy bills will be too costly for many to afford. Do you plan on growing wheat and making bread? Because a loaf will cost hundreds or even thousands. Savings will be worthless. The wrong investments will cost you more than they make...

Inflation is bad for everyone, even those who try to keep to themselves.

[ProteinEnough]

Great ideas, but if you don’t know how to stay ahead of inflation, you could lose all of that. The cost of fuel is going to be insane. Energy bills will be too costly for many to afford. Do you plan on growing wheat and making bread? Because a loaf will cost hundreds or even thousands. Savings will be worthless. The wrong investments will cost you more than they make...

Inflation is bad for everyone, even those who try to keep to themselves.

Gold and silver. Keep stacking real money.

[RIKTER]

No, your only option is to find a down to earth female, have kids, form a strong family, invest your money, build a huge nest for your kids, and enjoy life with your family. Add in some gardening for sustenance and you're set. Your goal should be to pass away one day and leaving your kids a huge nest so that they can grow that nest even further and have an easier life thanks to dividends and or the rent collected from real estate.

There was never any other option. Quit panicking. Take advantage of the system in front of you and don't feel sad if a portion of the population is poor. They voted for the policies not you.

Good advise until you realize that importing tens of millions of new wealth redistribution voters in a democratically elected representative govt.....you fukked no matter what you do.

[OttomanEmpire]

Well Canada is way worse in this regard. But wagecels are gonna have it rough

Can you explain this in more detail? Like when do we see the effects of this in canada?

[Boxman]

Gold and silver. Keep stacking real money.

No need to pour one's money into such volatile commodities as gold and silver. Gold and silver prices are too easily manipulated by governments and banks (that is, it's too easy for the powers that be to artificially depress the value of good and other precious metals as they see fit).

Better to invest in real estate; it's one asset that will consistently hold its value against inflation, assuming you don't buy into a real estate bubble like many did before the 2008 crash. But even then, real estate recovered in most areas of the country within a few years.

[nin-com-poop]

Why silver? Think before you act when it comes to that particular metal. Those metals more commonly used in industrial applications is going to wreck havoc in so many fronts if they substantially go up.

[N0rds]

Why silver? Think before you act when it comes to that particular metal. Those metals more commonly used in industrial applications is going to wreck havoc in so many fronts if they substantially go up.

Metals are artificially held down by the banking cartel. As witnessed by Chase being constantly busted for price manipulations of silver, and other groups on gold and other metals.


The real price of these metals is something like 10-60 times more than what the current artificial price is. If people called in their silver, these financial institutions would NEVER be able to fulfil the rush, and their scam would be exposed.

[BigElephant]

No, your only option is to find a down to earth female, have kids, form a strong family, invest your money, build a huge nest for your kids, and enjoy life with your family. Add in some gardening for sustenance and you're set. Your goal should be to pass away one day and leaving your kids a huge nest so that they can grow that nest even further and have an easier life thanks to dividends and or the rent collected from real estate.

There was never any other option. Quit panicking. Take advantage of the system in front of you and don't feel sad if a portion of the population is poor. They voted for the policies not you.

Problem is I wouldn't enjoy life if I had kids. Rather save the money and effort to just enjoy life with a down to earth female and end it there.

[OPGenesis]

No, your only option is to find a down to earth female, have kids, form a strong family, invest your money, build a huge nest for your kids, and enjoy life with your family. Add in some gardening for sustenance and you're set. Your goal should be to pass away one day and leaving your kids a huge nest so that they can grow that nest even further and have an easier life thanks to dividends and or the rent collected from real estate.

There was never any other option. Quit panicking. Take advantage of the system in front of you and don't feel sad if a portion of the population is poor. They voted for the policies not you.

Age: 21

[OttomanEmpire]

No, your only option is to find a down to earth female, have kids, form a strong family, invest your money, build a huge nest for your kids, and enjoy life with your family. Add in some gardening for sustenance and you're set. Your goal should be to pass away one day and leaving your kids a huge nest so that they can grow that nest even further and have an easier life thanks to dividends and or the rent collected from real estate.

There was never any other option. Quit panicking. Take advantage of the system in front of you and don't feel sad if a portion of the population is poor. They voted for the policies not you.

How are we supposed to have children canada when houses are over 1m in main cities and rent prices are going to be 3k a month in the coming decade. My family and I own multiple properties but still I see how hard it's going to only get with increasing house and rent prices. Gl competing if you are born with a below average IQ, even average isnt enough.

If I had children now, by the time they reach adulthood, average house in main cities will be 2m to 3m and rent prices will be 3 to 4k a month, such a life lol.

[DukeOfWoodBerry]

No, your only option is to find a down to earth female, have kids, form a strong family, invest your money, build a huge nest for your kids, and enjoy life with your family. Add in some gardening for sustenance and you're set. Your goal should be to pass away one day and leaving your kids a huge nest so that they can grow that nest even further and have an easier life thanks to dividends and or the rent collected from real estate.

There was never any other option. Quit panicking. Take advantage of the system in front of you and don't feel sad if a portion of the population is poor. They voted for the policies not you.

Stonks!

[58220]

you can tell who's finance illiterate when they push the hyperinflation meme

[DukeOfWoodBerry]

you can tell who's finance illiterate when they push the hyperinflation meme

You just print money and run massive deficits every year with no consequences! Love it.

[OPGenesis]

you can tell who's finance illiterate when they push the hyperinflation meme

Red.

[Streetbull]

America has a great future because of our natural infrastructure: major rivers without waterfalls, natural harbors, farmlands.

Africa is a chit hole because they have none of the above.

Venezuela has better infrastructure (natural) but is long term fukked because oil will very slowly diminish as a fuel source. It’s a one trick pony.

[58220]

You just print money and run massive deficits every year with no consequences! Love it.

and that's still not how inflation happens

Red.

so explain the mechanics behind how hyperinflation will occur, i know for a fact you can't

[OPGenesis]

so explain the mechanics behind how hyperinflation will occur, i know for a fact you can't

Red.

[58220]

Red.

exactly

[DukeOfWoodBerry]

and that's still not how inflation happens


so explain the mechanics behind how hyperinflation will occur, i know for a fact you can't

What do you know about interest rates and how expansionary monetary policy is supposed to effect them?

[Kraken]

and that's still not how inflation happens


so explain the mechanics behind how hyperinflation will occur, i know for a fact you can't

Inflation is almost exclusively a money issue. The Fed reserve prints money to maintain an inflation rate of about 2%. There is a component of output that plays a role, but if output remains low and you print money, inflation occurs at a greater rate. Printing off trillions and trillions extra without the output will cause a dramatic increase in inflation. With reparations, erm, I mean, climate social justice, on top of that, it will increase at a far greater rate.

Inflation is one of the most basic concepts of economics and anyone that tells you otherwise is trying to sell you ocean front property in Arizona. All other factors are insignificant in the equation compared to printing money.

[58220]

What do you know about interest rates and how expansionary monetary policy is supposed to effect them?

Inflation is almost exclusively a money issue. The Fed reserve prints money to maintain an inflation rate of about 2%. There is a component of output that plays a role, but if output remains low and you print money, inflation occurs at a greater rate. Printing off trillions and trillions extra without the output will cause a dramatic increase in inflation. With reparations, erm, I mean, climate social justice, on top of that, it will increase at a far greater rate.

Inflation is one of the most basic concepts of economics and anyone that tells you otherwise is trying to sell you ocean front property in Arizona. All other factors are insignificant in the equation compared to printing money.

tp both of you consevacucks none of that has to do with hyperflation, hyperflation comes from supply side shocks, i.e manufacturing capaity gets knocked by war, natural disasters etc

massive crop failures happen and there's no food available, that's when hyperinflation triggers, money supply is irrelevant to inflation, giving corporations trillions and average joe 1k does nothing to inflate prices

[Kraken]

tp both of you consevacucks none of that has to do with hyperflation, hyperflation comes from supply side shocks, i.e manufacturing capaity gets knocked by war, natural disasters etc

massive crop failures happen and there's no food available, that's when hyperinflation triggers, money supply is irrelevant to inflation, giving corporations trillions and average joe 1k does nothing to inflate prices

It's like you replied before you read the entire post or used any critical thinking.

[58220]

It's like you replied before you read the entire post or used any critical thinking.

explain how giving YOU 1k is going to hyperinflate prices lmao
explain how giving trillions to corps that doesn't filter out into the general public inflate prices?

every single hyperinflation event has been caused by supply side shocks, post war germany, zimbabwe farming failures etc

[OPGenesis]

It's like you replied before you read the entire post or used any critical thinking.

Inflation is the process of making addition to currencies not based on a commensurate increase in the production of goods. [as quoted in “On the Origin and Evolution of the Word Inflation,” Federal Reserve Bank of Cleveland, 1997]

Red incel alt account btfo.

[58220]

Inflation is the process of making addition to currencies not based on a commensurate increase in the production of goods. [as quoted in “On the Origin and Evolution of the Word Inflation,” Federal Reserve Bank of Cleveland, 1997]

Red incel alt account btfo.

you can't even expain what that means lmao,
1.they're talking about a pre post scarcity world where goods aren't readily available like today so yes increasing money supply causes infation
2. the money supply has to filter out into common people's hands, the trillions all went to corps

we live in times of abundance, there is no such thing as prices rising due to money supply

[OPGenesis]

you can't even expain what that means lmao,
1.they're talking about a pre post scarcity world where goods aren't readily available like today so yes increasing money supply causes infation
2. the money supply has to filter out into common people's hands, the trillions all went to corps

we live in times of abundance, there is no such thing as prices rising due to money supply

lmao.

Reds gonna red.

Write a book, incel.

[Kraken]

explain how giving YOU 1k is going to hyperinflate prices lmao
explain how giving trillions to corps that doesn't filter out into the general public inflate prices?

every single hyperinflation event has been caused by supply side shocks, post war germany, zimbabwe farming failures etc

You forgot the Weimar Republic, the most significant hyperinflation situation in history, which also caused the rise of Hitler, as well as the oil and energy industries that Biden admin just ****ed us with.

[Streetbull]

Inflation is almost exclusively a money issue. The Fed reserve prints money to maintain an inflation rate of about 2%. There is a component of output that plays a role, but if output remains low and you print money, inflation occurs at a greater rate. Printing off trillions and trillions extra without the output will cause a dramatic increase in inflation. With reparations, erm, I mean, climate social justice, on top of that, it will increase at a far greater rate.

Inflation is one of the most basic concepts of economics and anyone that tells you otherwise is trying to sell you ocean front property in Arizona. All other factors are insignificant in the equation compared to printing money.

What about aging and demographics? The velocity of money is lower than ever and part of that is that old people don’t circulate money as rapidly as do young and growing families.

As a society ages, printing money becomes more and more like pushing on a string.