What do you think will happen when the pot blows and inflation takes over?

Jlq1969

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Yes, it is true that a lot of money is printed, but the important thing about that is that a lot of that money does not remain around “within the same country that prints it”…..the dollar is the “world” currency of exchange ….if world trade “grows”….the global demand for dollars also grows…”But”, that is what bothers some countries…Russia wants its oil to be paid for in Rubles….and China wants its merchants buy them in Yuan…..but those currencies are not so easy to obtain in the exchange market….The money that the IMF gives as aid to underdeveloped countries….delivers them in dollars…..and there are hundreds of thousands of million per year
 

Paul466

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massive inflation is about to over come the USA , that's not going to help sell anyones motorcycle ..... I filled my truck with gas last week it cost me 25 dollars more to fill the truck over what it cost me in January ..... paid 3.70 a gallon yesterday and almost 45 dollars to fill my mustang yesterday . products every where are increasing in price (you cannot print trillions of dollars and have them be worth anything , its a disaster we are all going to face ) its going to get bad . Harleys timing may be what does them in .
I bought a wood chipper just in case….:)
 

Madhatter

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McDonalds (Golden Arches ) inflation index is a quarter pounder with cheese meal is now 9.95 . almost 3 dollars more than 2 years ago.
 

Fennellg

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It’s getting expensive to kill ourselves :) While checking out of my grocery store I did the usual bitch about how expensive everything is. The checkout lady kinda zoned out I guess you’ve heard this a few times today. Then I said something witty and insightful. I said well let’s look on the bright side. Perhaps we have stumbled on an answer to the obesity epidemic, just as an obese lady rolled up on the courtesy jazzy. The check out lady lost it and busted out laughing.
 

Jlq1969

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Don't worry….inflation will settle down…and prices will probably not go down….but income will go up….and everything will be the same as before, only with higher numbers…..The important thing is that the installed capacity of the USA is at its historical average (close to 80%)….and that is a good indicator that everything is working…(when you traverse 70% down….thats bad)…...it can be compared with what happened in 2020…..and in 2009…after the 2008 crisis
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Jlq1969

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What I wanted to say is that if you have inflation, with an installed capacity of use of 65%…..inflation is related to the “shortage”…..but if you have inflation with a use of 80% of the installed capacity ( which would be 100% historical)…..inflation is more related to “speculation”
 

Jlq1969

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Inflation is directly related to devaluation of a currency.
Devaluation is the inevitable fix when debt exceeds sustainable levels.
Is that when talking about "devaluation", it refers to "comparing" with another currency... and if you compare the dollar, against another strong currency... since 2021, the dollar has "appreciated" against the Euro,... .not devalued….
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Checkswrecks

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Valuation is typically based in terms of a "market basket" of how many goods or services can be bought, not as a comparative to other currencies.
Essentially, since all the world's currencies are now fiat (not tied to something like gold) all of them are now "funny money."
Ironically, this made them all about as valid as Bitcoin and the other cryptocurrencies and this cycle is nothing new.

James 5:1-6 Now listen, you rich people, weep and wail because of the misery that is coming on you. Your wealth has rotted...

So devaluation is in terms of real things like how much it takes to pay a plumber to fix your sink, or to buy a loaf of bread. Gold is still priced in US$ but that could change, especially with the China/MiddleEast alliance to move away from the US$ standard.
 
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Checkswrecks

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It's not good for someone on retirement income. Guess I need to pick up more side gigs?
That's what I did. I started the business to pay for toys and general expenses so I don't touch my retirement money and can make it grow.
The upside is that I do what I want and when I want to.
 

Jlq1969

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Valuation is typically based in terms of a "market basket" of how many goods or services can be bought, not as a comparative to other currencies.
Essentially, since all the world's currencies are now fiat (not tied to something like gold) all of them are now "funny money."
Ironically, this made them all about as valid as Bitcoin and the other cryptocurrencies and this cycle is nothing new.

James 5:1-6 Now listen, you rich people, weep and wail because of the misery that is coming on you. Your wealth has rotted...

So devaluation is in terms of real things like how much it takes to pay a plumber to fix your sink, or to buy a loaf of bread. Gold is still priced in US$ but that could change, especially with the China/MiddleEast alliance to move away from the US$ standard.
We are probably talking about the same thing... but in other terms... The devaluation of a currency is against another strong currency (for example with the euro... or if you compare it with the Yuan... you will see that in the last 10 years both they practically maintain their “exchange value” and normally it is a government monetary policy to favor exports or restrict imports (along with other fiscal policies such as export/import taxes or duties)…probably what you mean is to “depreciation”….which is what happens when people do not want to have the bills in their hands, because the px of the goods/services increase “first” (for increase of costs)..this causes the demand for those to increase too ..(to anticipate the next increase, but now not for increases costs, but by increased demand,) if the supply is not capable of sustaining the new demand….people will be willing to pay more to get rid of the money in their hands…and if the supplier raises prices and demand does not stop…..you will create a new “demand” curve added”……until the demand returns to normal requirements…….and so everything will be calm again….but with higher values of things……in a situation of inflation like this, people do not think about saving (in bills )….they think about getting rid of the bills (buying/spending)…..”depreciates the bills
 
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