Author Topic: Is Hyperinflation On The Horizon?  (Read 36809 times)

Offline LNS

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Re: Is Hyperinflation On The Horizon?
« Reply #500 on: October 23, 2021, 10:38:40 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?

Offline yesitsme

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Re: Is Hyperinflation On The Horizon?
« Reply #501 on: October 23, 2021, 10:41:59 PM »
why not just transfer the cash to some offshore/international account then?
in what currency?
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Offline LNS

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Re: Is Hyperinflation On The Horizon?
« Reply #502 on: October 23, 2021, 10:43:37 PM »
in what currency?

i dont know im just throwing things out there


Offline Baruch

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Re: Is Hyperinflation On The Horizon?
« Reply #503 on: October 23, 2021, 10:51:39 PM »

Online Euclid

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Re: Is Hyperinflation On The Horizon?
« Reply #504 on: October 23, 2021, 10:56:11 PM »
Sounds like he's trying to pump BTC

Offline CountValentine

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Re: Is Hyperinflation On The Horizon?
« Reply #505 on: October 23, 2021, 10:59:41 PM »
Who's jack?
You're so far up Trump's a** you can see Giuliani's feet.  HT Baruch

Offline ExGingi

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Re: Is Hyperinflation On The Horizon?
« Reply #506 on: October 23, 2021, 11:02:35 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 ?

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Online Euclid

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Online Kobe Bryant

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Re: Is Hyperinflation On The Horizon?
« Reply #508 on: October 23, 2021, 11:18:10 PM »



Shrinkflation

Online yungermanchik

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Re: Is Hyperinflation On The Horizon?
« Reply #509 on: October 23, 2021, 11:26:52 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
colloquial
sense, not trying
to debate official terminology
Small people talk about other people.
Average people talk about things
BIG PEOPLE TALK ABOUT IDEAS.

Online Kobe Bryant

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Re: Is Hyperinflation On The Horizon?
« Reply #510 on: October 23, 2021, 11:30:48 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
What is your (anyone) definition for hyperinflation?
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.
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 dont 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.

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Offline CountValentine

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Re: Is Hyperinflation On The Horizon?
« Reply #512 on: October 23, 2021, 11:34:05 PM »
We dont 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?
You're so far up Trump's a** you can see Giuliani's feet.  HT Baruch

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Re: Is Hyperinflation On The Horizon?
« Reply #513 on: October 23, 2021, 11:37:50 PM »
Where you getting >20% from?
Houses, cars, houseware appliances, groceries, gas, childcare, to name a few.

Offline CountValentine

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Re: Is Hyperinflation On The Horizon?
« Reply #514 on: October 23, 2021, 11:39:46 PM »
Houses, cars, houseware appliances, groceries, gas, childcare, to name a few.
I don't agree on some of those but was wonder if you were looking at an index or a link to an article.
You're so far up Trump's a** you can see Giuliani's feet.  HT Baruch

Online yuneeq

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Re: Is Hyperinflation On The Horizon?
« Reply #515 on: October 23, 2021, 11:46:55 PM »

Offline CountValentine

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Re: Is Hyperinflation On The Horizon?
« Reply #516 on: October 23, 2021, 11:48:24 PM »
You don't know Jack
Was waiting for that.  :)
You're so far up Trump's a** you can see Giuliani's feet.  HT Baruch

Offline yesitsme

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Re: Is Hyperinflation On The Horizon?
« Reply #517 on: October 24, 2021, 12:00:39 AM »
Houses, cars, houseware appliances, groceries, gas, childcare, to name a few.
Come on mayonnaise
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Offline ExGingi

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Re: Is Hyperinflation On The Horizon?
« Reply #518 on: October 24, 2021, 12:29:25 AM »
How would burial hedge against inflation?

אב"א burying gold

ואב"א the point is diversification.
I've been waiting over 5 years with bated breath for someone to say that!
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Offline ExGingi

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Re: Is Hyperinflation On The Horizon?
« Reply #519 on: October 24, 2021, 01:06:28 AM »
Who's jack?

I've been waiting over 5 years with bated breath for someone to say that!
-- Dan