Posted on 10/22/2021 10:11:21 PM PDT by JV3MRC
This is the best read on what is "hyperinflation" is and what events cause it to occur.
"HYPERINFLATION – IT’S MORE THAN JUST A MONETARY PHENOMENON"
every store would feature MEAT on the first page....
I'm noticing that meat sometimes is relegated to the back page....not bragging about their prices....
Winco is a store chain out here in the west and you can't use a credit card so they can give us "better" prices and people generally say you can save money there....
today I had to search for a reasonable piece of beef to buy...looks like chuck roast now is about $6 a pound.....geez...
it can also be said that people like Dorsey will benefit somehow by inflation/hyperinflation and the panic that sets in...
The Devil takes care of his own.
Quite informative.....thank you for posting.
I also thought he is glad it’s here. You know, reset. I mean, #reset.
Bought a screwdriver yesterday. Two stickers on it: The original was $6.89 the new sticker was $7.39.
bookmark
Sounds like we are standing on the door step.
Here is a for instance. I just had my heads redone for my Jeep at a country boy’s machine shop. I payed him thru the barter system instead of exchanging cash. Like others, he feels the American dollar has reached the value of green toilet paper. So instead of me shelling out $200, I gave him a quartered up wild hog, some canned goods from our garden and some print outs from the net on how to build supressors. He was happy and so was I.
This is perfect for a government that borrowed trillions. Pay it off in worthless scrip.
A fun book:
“When Money Dies: The Nightmare of Deficit Spending, Devaluation, and Hyperinflation in Weimar Germany Kindle Edition”
And yes, it's not good when + 50% of the American People are declared terrorists, and political prisoners rot in a D.C. jailhouse for almost a year without trial, and maybe a mandate to take an experimental drug is causing people to lose their jobs and creating a shortage of hospital workers, while truck mandates cause a shortage of drivers and shelves go bare, but at least Gropey Joe doesn't say the "p" word. He just uses his finger on his unwilling subordinates. Things are so much better now.
The United States was inflating the currency at about 38% a year for over a year but in the last few months it has gone down to 8%. We will have double digit inflation for at.least a year since it can take almost 2 years between when money is printed and when the market equalizes it.
I should add the other side of the equation. Normally under a time where a Communist Revolution is not taking place it takes care of itself. If the amount of stuff itself created goes down that will also make prices go up. If , for example , you are paying people not to work, less work goes done and less stuff gets made. If projects are arbitrarily slowed down or stopped like pipelines or oil Wells then that too will result in less stuff for money to buy.
bkmk
Since America is now embroiled in the regime change of a Communist Revolution it could very well collaspe our currency eventually. It all depends if Democrats can Nationalize Mail in Voting. They have tried 4 times so far and given the long list of crimes they have already committed they have no choice but to continue. They either sieze total power or face the consequences for what they have already done.
One mistake made over and over is that people focus on money “printed” and inflation, but rarely ever consider money going off to money heaven, businesses going kaput for example, which is deflationary.
Hyperinflation benefits those holding debt. Think about who the biggest debtors in the history of the universe are and suddenly, everything that’s currently happening makes more sense.
Jerk Dorky hasn’t been to the store lately and still waiting for inflation to come 🤪
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