@Transcended Trucel @BlkPillPres (((@PPEcel)))
Help me out
Help me out
There’s not gonna be any inflation
At least here in the states unless they start giving everyone free checks every month
This last downturn has been deflationary,
Anyway the best hedges against inflation would be hard assets that don’t depreciate in value
At least here in the states unless they start giving everyone free checks every month
This last downturn has been deflationary,
Anyway the best hedges against inflation would be hard assets that don’t depreciate in value
buy gold idk.
buy assets(house, land,investments) and stocks. Cryptocurrencies if hedging against venuzela tier hyperinflation
ye inflation won't be real problem short term
The fuck are you on about? Inflation takes place all the time, the inflation rate of the US-Dollar was 2.3% in 2019.
This
that's not enough to care about tbh
gold holds value. solid for emergency inflation risk. but bad as an overall investment
It does fuck your savings over the years
ye they do it on purpose to forcefully keep wageslavery
No. Buy silver! And hold it.
It will aways buy the same value of stuff. Alternatively, buy bitcoin and start using it too!
Have a small biz where you can charge bitcoin for your products.
It's already inflate!
There's more gold than silver now!
Silver gets destroyed via industry! Gold gets stashed.
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Honestly given a lot of these debts can't be paid and will likely default. Not to mention all the overpriced assets I think deflation is more likely.
Given private banks create money into thin air when they make loans and right now the global economy is sitting on one of the biggest debt piles in all of human history what happens to the money supply when the bubble bursts?
Debt deflation was one of the primary factors in the great depression.
The central banks increased the money supply significantly in the 1920's and inflated a massive bubble. Sound familiar?
Given private banks create money into thin air when they make loans and right now the global economy is sitting on one of the biggest debt piles in all of human history what happens to the money supply when the bubble bursts?
Debt deflation was one of the primary factors in the great depression.
The central banks increased the money supply significantly in the 1920's and inflated a massive bubble. Sound familiar?
D
Based and pilled. The fed is going to trash the dollar soon.
The gold silver ratio is so much in silvers favor, just buy silver and exchange for gold later for the new world global currency
Gold/Bitcoin, but the (((federal reserve))) usually has a 2% target anyway.
Get a needle and sting the balloon, there DEFLATION.
Y should i buy gold I know nothing about gold tbh. Will I even be able to afford it? I literally only have 1k money that's it im not like you
Justberichenoughthatinflationdoesntmatter theory
consoom codeine and watch MLP
@PPEcel b like
No major inflation
Someone on this board’s got a brain on em
All the Quantitative Easing they’re doing is only making up for lost capital it’s not inflationary because there’s way too much debt in the system
Plus QE isn’t technically money printing
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with 1k you shouldn't worry about inflation. but if still worried buy bitcoin(works at any level of Money)or you can buy small gold coins which is cheaper than the ingots.
How did u educate yourself on all this stuff?
pirate a finance book like this Amazon product ASIN 1628459077View: https://www.amazon.com/Study-Guide-2019-2020-Questions/dp/1628459077
it gives general overview of everything financial
Is it for beginners? I barely know anything fam I don even know what words like liquid and depreciate mean
yeah its beginner friendly. you may have use dictionary/Google here and there for a few terms but mostly it explains everything well
What about rich dad poor dad that's one I have heard about a ton of times. U know if that ones good?
that one is good. but it doesn't cover everything
Get a pickaxe and start mining irl
To be honest
just lol if you think something negative ever happens in america, the world gets global pandemic and the dollar price goes up in the rest of the world, america never loses
Not American
Precious metals, crypto, housing
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