Author Topic: Is Hyperinflation On The Horizon? (Read 107949 times)

LNS · « **Reply #500 on:** October 23, 2021, 10:38:40 PM »

Quote from: yesitsme on October 23, 2021, 10:29:56 PM

Bitcoin you can then redeem it in India or anywhere else vs if the market and dollar goes flush you got nothing

but what's if bitcoin ends like bitbeam, whats iff

why not just transfer the cash to some offshore/international account then?

yesitsme · « **Reply #501 on:** October 23, 2021, 10:41:59 PM »

Quote from: LNS on October 23, 2021, 10:38:40 PM

why not just transfer the cash to some offshore/international account then?

in what currency?

LNS · « **Reply #502 on:** October 23, 2021, 10:43:37 PM »

Quote from: yesitsme on October 23, 2021, 10:41:59 PM

in what currency?

i dont know im just throwing things out there

Baruch · « **Reply #503 on:** October 23, 2021, 10:51:39 PM »

Hyperinflation is going to change everything. Itâ€™s happening.
— jack (@jack) October 23, 2021

Euclid · « **Reply #504 on:** October 23, 2021, 10:56:11 PM »

Quote from: Baruch on October 23, 2021, 10:51:39 PM

Hyperinflation is going to change everything. Itâ€™s happening.
— jack (@jack) October 23, 2021

Sounds like he's trying to pump BTC

CountValentine · « **Reply #505 on:** October 23, 2021, 10:59:41 PM »

Who's jack?

ExGingi · « **Reply #506 on:** October 23, 2021, 11:02:35 PM »

Quote from: LNS on October 23, 2021, 10:27:06 PM

random question but just gonna throw it out there
lets say i have no financial background just your average upper middle class American but i smell danger
what do you think is a better move at this given point in our economy

hold the cash or invest in real estate ?

https://he.m.wikisource.org/wiki/בבא_מציעא_מב_א

Euclid · « **Reply #507 on:** October 23, 2021, 11:03:28 PM »

Quote from: CountValentine on October 23, 2021, 10:59:41 PM

Who's jack?

https://en.m.wikipedia.org/wiki/Jack_Dorsey

Kobe Bryant · « **Reply #508 on:** October 23, 2021, 11:18:10 PM »

Shrinkflation

yungermanchik · « **Reply #509 on:** October 23, 2021, 11:26:52 PM »

Quote from: CountValentine on October 23, 2021, 10:06:30 PM

What is your (anyone) definition for hyperinflation?

A sharp increase in prices (almost) across the board, in (almost) every sector, such that the purchasing power of the dollar is greatly diminished.

Again this is in a

Quote from: yos9694 on October 23, 2021, 10:04:39 PM

colloquial

sense, not trying

Quote from: yos9694 on October 23, 2021, 10:04:39 PM

to debate official terminology

Kobe Bryant · « **Reply #510 on:** October 23, 2021, 11:30:48 PM »

Quote from: yos9694 on October 23, 2021, 10:04:39 PM

What else is new, an academic who doesn't understand colloquial nuance. Inflation is happening in a very noticeable way. Ordinary inflation is like watching grass grow. Kind of nerdy to be jumping into the conversation to debate official terminology

Quote from: CountValentine on October 23, 2021, 10:06:30 PM

What is your (anyone) definition for hyperinflation?

Quote from: drosenberg88429 on April 01, 2021, 08:39:59 AM

Hyperinflation is generally defined at 50%+ a month. I think that almost all economists would agree that is astronomically unlikely to occur with USD.

That being said, the dollar has been effectively devalued more than 3% over the past year. The standard inflationary effect of more (unearned, if I may add, which intensifies the effect) dollars chasing less goods leading to rising prices across the spectrum has certainly been in effect.

Quote from: Kobe Bryant on April 01, 2021, 08:59:55 AM

Although technically speaking ”Hyperinflation is generally defined at 50%+ a month.” I am referring to something similar to what happened in the US from 1973-1982 where inflation averaged 8.8% a year. Or even worse...

We don’t need some Ivy League PHD to split hairs about the definition of “hyperinflation.” Cost of living has gone up well >20% and shows no sign of stopping. There is no stability in the market in the sense that you can predict what anything will cost a few months from now.

aygart · « **Reply #511 on:** October 23, 2021, 11:32:51 PM »

Quote from: ExGingi on October 23, 2021, 11:02:35 PM

https://he.m.wikisource.org/wiki/בבא_מציעא_מב_א

How would burial hedge against inflation?

CountValentine · « **Reply #512 on:** October 23, 2021, 11:34:05 PM »

Quote from: Kobe Bryant on October 23, 2021, 11:30:48 PM

We don’t need some Ivy League PHD to split hairs about the definition of “hyperinflation.” Cost of living has gone up well >20% and shows no sign of stopping. There is no stability in the market in the sense that you can predict what anything will cost a few months from now.

Where you getting >20% from?