Inflation

[KSouth]

We all know it’s gone to crap. Wife went to grocery store last night. $160. Carried out in 6 bags. But she sent me this


Damn

 

[fattboyzz]

Enjoy it while you can. Hyper inflation follows mindless money printing.

 

[Nuke And Juke]

If you are 1000% sure inflation is going to hit...then you need to put all your money to work by buying a house.

Say you pick up 2,000 sq ft home for $500k...that is $250 per sq ft.

If the cost to build goes up to $400 per sq ft due to rising cost and wages...you are protected with a $800k home

Dont complain...get ahead of the game...WIN

 

[basstracker89]

We can all thank the current administration. God help us if we get another 4 yrs. We'll all be living in cardboard boxes with nothing to eat

 

[rockyfatcat]

They’ll say inflation is ‘transitory, then they are forced to admit the national debt is going up by a trillion dollars every 100 days. Thats 10 billion dollars a day.

When the government ‘monetizes the debt’. The printing of money dilutes the value of the currency. ie baby steps toward hyperinflation.

 

[palmettomoon]

We can all thank the current administration. God help us if we get another 4 yrs. We'll all be living in cardboard boxes with nothing to eat

We'll be eating the boxes.

 

[ThisOldHelmet]

We can all thank the current administration. God help us if we get another 4 yrs. We'll all be living in cardboard boxes with nothing to eat

I’m sorry but your cardboard box has been given to a migrant already.

 

[moosensquirrel]

We'll be eating the boxes.

Have some crickets and shut up

 

[THREEJAYS]

But but ……………. I was told we’re doing better

 

[moosensquirrel]

They’ll say inflation is ‘transitory, then they are forced to admit the national debt is going up by a trillion dollars every 100 days. Thats 10 billion dollars a day.

When the government ‘monetizes the debt’. The printing of money dilutes the value of the currency. ie baby steps toward hyperinflation.

Exactly: but as they say in late night advertising, "wait...there's more" All fiat currency printed is created is in response to treasuries an the printed money goes on the books as a loan which we get to pay back with our tax money and inflated currency.