https://www.zerohedge.com/news/2021-02-19/got-inflation-fed-just-printed-another-100-billion-week
Posted on 02/19/2021 4:14:00 PM PST by SeekAndFind
It really is.
No kidding.
Stocks are better than dollars.
When stocks crashed, the dollar was tied to gold.
Now, there's nothing holding back printing more dollars.
Commodities are booming.
Just sayin'...FWIW...not giving advice.
I was feeling a little down-in-the-dumps when I came across this.
Are you the e-trade baby? Or the other guy
Very cheering thoughts. Luckily the future is not ours to see.
Take courage. There is no safe course.
The market goes down but it has always come back up. Selling demands you pick the exit timing & the reinvestment timing perfectly or you lose on both occasions. If you only have money you don’t need to spend in the market you lose nothing since don’t have to sell until it recovers.
The above reassurance is only true if you are diversified among solid companies that have a long track record of profitable business preferably with a healthy profit margin so they can withstand the downturn.
This is stupid. We have a new economy. It’s different this time.
BFL
Letter to the boss(American public):
I have enjoyed working here these past several years. You have paid me very well, given me benefits beyond belief.
I have 3-4 months off per year and a pension plan that will pay my salary till the day I die and a health plan that most people can only dream about.
Despite this I plan to take the next 12-18 months to find a new position. During this time I will show up for work when it is convenient.
In addition I fully expect to draw my full salary and all the other perks associated with my current job.
Oh yes, if my search for this new job proves fruitless, I will be back with no loss in pay or status.
Before you say anything, remember that you have no choice in the matter. I can and will do this.
Sincerely,
Every Senator or Congressman running for re-election
Are we stupid or what?
That won’t matter. What deck your on when the titanic sinks matters little. Can the bank take your shit? Can the government? It’s all coming down now. My guess is we had 2 paths. Isolation (Trump) or global depression/war (Biden). PTB decided to listen to the band play on rather than jumping the global ship. You can’t increase the global reserve currency by 50% (and counting and it will go higher) without causing global destruction. Elites want to be elites even for just a few more hours.
It’s no longer just us vs them it’s us vs the 1000 idiots.
I’ve seen the idea that instead of general inflation, mass affluence has caused asset inflation. In poor countries where the government buys votes by printing money, the poor buy food and basic supplies which cause inflation. In rich countries where the basics are covered, people by stocks, real-estate etc. with the money they get.
Look into commodities and precious metals... they are doing well right now and will do well even in a down market. Metals tend to be inflation hedges and food / raw materials never go out of style.
BFLR
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.