Hyperinflation Dead Ahead!

Thunk

Diamond Member
Sep 30, 2019
9,152
12,227
2,430
Minnesota
How we got here/Where we are now/what is to come...

Democrats printed trillions WHICH CAUSED
Inflation to rise (food & gas prices doubled). WHICH CAUSED
The FED raised interest rates to combat inflation WHICH CAUSED
Bond prices to fall WHICH CAUSED
Banks to fail (especially SVB).

Now biden says he will insure all deposits even if they are over 250 K.

========= WE ARE HERE ===========

I predict that will lead to money printing (Trillions) and more inflation...

The FED can't raise interest rates (to combat inflation) or THEY will be blamed for the financial collapse.

Hyperinflation dead ahead!!!

Put your life jacket on & head for the lifeboats.

Hey buddy...can ya spare $10,000 for a cheese burger?
 
How we got here/Where we are now/what is to come...

Democrats printed trillions WHICH CAUSED
Inflation to rise (food & gas prices doubled). WHICH CAUSED
The FED raised interest rates to combat inflation WHICH CAUSED
Bond prices to fall WHICH CAUSED
Banks to fail (especially SVB).

Now biden says he will insure all deposits even if they are over 250 K.

========= WE ARE HERE ===========

I predict that will lead to money printing (Trillions) and more inflation...

The FED can't raise interest rates (to combat inflation) or THEY will be blamed for the financial collapse.

Hyperinflation dead ahead!!!

Put your life jacket on & head for the lifeboats.

Hey buddy...can ya spare $10,000 for a cheese burger?

Great! I can pay my mortgage with a loaf of bread...
 
And any type of fuel and matches/lighters.

In the agentina collapse a guy was filling zippo lighters with lighter fluid & they would give him a tin of tuna or can of spam in return for just one fill.

Salt is another very tradeable item.

I believe there are a lot more smokers in Argentina than here.
 
When you need to cook over a camp fire (because everything has collapsed)...you wont want to be rubbing 2 sticks together.

9-volt-wool-1.jpg
 
And any type of fuel and matches/lighters.

In the agentina collapse a guy was filling zippo lighters with lighter fluid & they would give him a tin of tuna or can of spam in return for just one fill.

Salt is another very tradeable item.
.

50 boxes of safety matches.

50 pounds of salt.

Over 100 pounds of sugar.

Three cord of wood and this beauty:

iu
 
The fed can't raise interest again or other banks may fail. They wanted another percent before next year. The fed was asleep at the switch too long.....Expect inflation to continue and increase.

Most of the money put into the FDIC by the banks has already been spent somewhere else....Think Social Security. Anyone made whole after a failure will be doing so on borrowed money.

We have a very fragile system right now.
 
Well at least it might solve our overabundance of deer problem. ;)
.

Mercy! We have a buttload of deer road-killed here and it's customary to leave them by the side of the road for 'yotes and carrion eating birds.

We might see that change.

.
 
.

Mercy! We have a buttload of deer road-killed here and it's customary to leave them by the side of the road for 'yotes and carrion eating birds.

We might see that change.

.
Oh hush.....Every thing is just fine.

Biden went on TV and fixed it with a very coherent and statesmanlike speech.

We are in no way totally fucked.

:laughing0301:
 
I envision when hyperinflation hits...biden will be dumb enough to try price controls.

If it costs me a dollar to make a loaf of bread and the law demands I sell it for 50 cents...I stop selling bread!

Are you all planning out your gardens? The time is getting close. Get those seeds ready because there may be no plants to buy. I fear this is gonna happen quick!
 

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