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Peter Schiff: Stock Up Now! Inflation Could Get Very Ugly
Zubu Brothers ^ | 10-18-2021 | Via SchiffGold.com,

Posted on 10/18/2021 12:02:19 PM PDT by blam

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1 posted on 10/18/2021 12:02:19 PM PDT by blam
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To: blam

Interesting. This thought crossed my mind recently. If people think inflation is going to get a lot worse, it makes economic sense to hoard now.


2 posted on 10/18/2021 12:03:25 PM PDT by monkeyshine (live and let live is dead)
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To: blam

3 posted on 10/18/2021 12:05:48 PM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: blam
They make it seem like this is just now happening. I saw it in 2020 during the lockdowns. Once some items showed up again, their prices had moved up slightly (and forget about any sales). Since Brandon was sworn in, both prices have increased and product sizes have decreased.

Many we know have noted their grocery bills have risen noticeably for many months now. Any additional increases will be on top of at least two phases of price increases we've had since China released their biological weapon, developed and paid for by the US.

4 posted on 10/18/2021 12:06:53 PM PDT by CatOwner (Don't expect anyone, even conservatives, to have your back when the SHTF in 2021.)
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Comment #5 Removed by Moderator

To: blam

The one thing I’m really good at is living off Raman noodles and Hungry Jack mash potatoes with a little butter and a Foster’s oil can.


6 posted on 10/18/2021 12:10:13 PM PDT by Eddie01
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To: blam

This is like a push poll. They want inflation. The ships off LA are being deliberately held up. BUY NOW!! they are yelling. I figured that out a couple weeks ago when the VP what’s her name was telling people the same thing for Christmas presents.

I got a tip from a reliable source, Portland radicals(D) are planning a transportation disruption event in mid November.


7 posted on 10/18/2021 12:12:15 PM PDT by Cold Heart
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To: monkeyshine
This is the death spiral of inflation. That is why inflation is so dangerous. Spending which would normally be deferred, isn't deferred. This causes too many dollars to go chasing fewer available goods.

Inflation is Biden's most shameful achievement. We had a smooth nice economy under President Trump. Biden has destroyed it.

8 posted on 10/18/2021 12:12:44 PM PDT by Governor Dinwiddie (LORD, grant thy people grace to withstand the temptations of the world, the flesh, and the devil.)
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To: blam
Peter Schiff? He makes Glenn Beck look like the voice of reason.

Not saying that big inflation isn't coming...just that Schiff has a reputation for being overly dramatic.

9 posted on 10/18/2021 12:15:27 PM PDT by RoosterRedux
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To: Eddie01

Have you checked the prices on your Raman noodles, butter and Hungry Jack lately? I’ll soon be betting you wheelbarrows of gubmint script to loaves of bread that your staples are up too.


10 posted on 10/18/2021 12:15:46 PM PDT by hardspunned (former GOP globalist stooge)
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Along this “buy now” philosophy, I’m waiting for an estimate on a new gas furnace and air conditioner combo. My 20 year old set works fine, but if they go down, availability problems going forward will be a problem. The contractor said as much and also said in November the combo will go up 12%. I also think Demented Joe would like nothing more than to halt all AC sales as a gift to the Greenies. Boy, what times we live in.


11 posted on 10/18/2021 12:15:48 PM PDT by JonPreston (Q: Never have so many, been so wrong, so often)
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To: monkeyshine

Actually, people thinking inflation will get worse is a self-fulfilling prophecy.


12 posted on 10/18/2021 12:17:27 PM PDT by RoosterRedux
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To: JonPreston

Most of the time the furnace is fine. Just get a new outside condenser unit and new evap for the old furnace.


13 posted on 10/18/2021 12:18:30 PM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: Red Badger

Woohoo! One hundred trillion!

πŸ’ΈπŸ’΅πŸ’ΈπŸ’ΈπŸ’ΈπŸ’΅πŸ€‘πŸ’²πŸ€‘πŸ€‘πŸ€‘

πŸ€ͺπŸ€ͺπŸ€ͺ


14 posted on 10/18/2021 12:19:45 PM PDT by SaveFerris (The Lord, The Christ and The Messiah: Jesus Christ of Nazareth - http://www.BiblicalJesusChrist.Com/)
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To: blam

Well I was gonna buy new tires

They were $57 a week ago

Now $64


15 posted on 10/18/2021 12:21:07 PM PDT by SaveFerris (The Lord, The Christ and The Messiah: Jesus Christ of Nazareth - http://www.BiblicalJesusChrist.Com/)
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To: Cold Heart
.....Portland radicals(D) are planning a transportation disruption event in mid November.

I-5, railroad, ships, or all?

16 posted on 10/18/2021 12:21:34 PM PDT by jimtorr
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To: monkeyshine

Freezer is full. Food shelves are full and now we’re keeping stuff in boxes on the floor. Moved to small acreage ten years ago and have meat goats and a place to garden. Got plenty of heritage veggie seeds and am hoping to buy some fruit trees/bushes in the Spring. Bought a 30mpg car last Spring after the braindead one coronation.

I knew what another obama term would look like. Became a prepper back in 2008/9.


17 posted on 10/18/2021 12:21:45 PM PDT by Pollard (PureBlood)
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To: central_va

I was thinking that also. Thanks.


18 posted on 10/18/2021 12:23:01 PM PDT by JonPreston (Q: Never have so many, been so wrong, so often)
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To: blam

The good news is the Fed is finally slowing down the money press. They were increasing the money supply at 38% annual but in the last few months have slowed down to 9%. It takes as long as 2 years for the market equilibrium to be reached so we will have double digit inflation at least until the end of next year.


19 posted on 10/18/2021 12:23:14 PM PDT by Nateman (If the Left is not screaming , you are doing it wrong.)
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To: Cold Heart

An opportunity exists for growth of a large underground economy, using other than the Federal Reserve currency as a medium of exchange. Old silver of all kinds, perhaps commodities, either from supplies already squirrelled away or home-grown, useful tools (manual tools would command a premium), or exchange of labor for goods or other services.

This is probably the normal way of life for much of the world right now. For those of you who want a simpler and less complicated life. Did not say it would be easier.


20 posted on 10/18/2021 12:23:14 PM PDT by alloysteel ("Never attribute to malice that which is adequately explained by stupidity." - Hanlon's Razor)
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