[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 317 KB, 1500x993, printing-press-money-e1484859060754.jpg [View same] [iqdb] [saucenao] [google]
23222583 No.23222583 [Reply] [Original]

Has anyone got any good stories about noticeable inflation taking place right now?

Where I am in Europe what used to be a 7 euro pizza in March is now a 12 dollar pizza in October. Pizza has literally done a x2. Other things I have noticed other than prices going up is takeaway food portions are going down noticeably.

Also everybody seems to be out of work and nobody seems to have any money but yet prices are going up at an insane rate.

>> No.23222643

>>23222583
>tfw reserve currency chad
>tfw US is printing nonstop and still no inflation
europoors seething

>> No.23222695
File: 424 KB, 908x442, A31A08FB-8866-4722-9A96-8FE1C20E1FC9.jpg [View same] [iqdb] [saucenao] [google]
23222695

>pic related
when the yearly income is lower than the yearly interest owed on debts the only option is to hyperinflate the debt away.

>> No.23223042
File: 104 KB, 2000x1250, argeeeeeeeeeeeeeeeeeeee.png [View same] [iqdb] [saucenao] [google]
23223042

>>23222583
Argentina here

365 days ago 1 dollar was 45 pesos
today 1 dollar is 170 pesos

JUST FUCK MY SHIT UP

>> No.23223102

>>23223042
I hope you bought crypto and precious metals

>> No.23223161

>>23223042
Honest question: why do Argentinians think they are superior to other latin american countries when you're obviously doing worst of all with the exception of Venezuela kek...
I found through my Latin American travels that they don't like you in most other places

>> No.23223280

>>23223102
PMs are under capital control , loaded on crypto tough.

>>23223161
Because the country used to be superior economically and on development indexes , USED, the last decade is a lost decade , the entire world grew and we were stuck with a retarded socialist labor system that destroyed all economic growth posibilities, plus they gave free pensions to billions of boomers that never supported the pension system.

Now the youth is leaving at high speed, 1 fucking bar opened 3 fucking jobs a week ago and there was a 400 meters line of people offering their curriculums.

We are fucked up thanks to socialism , we are 15 years ahead of the european union and canada in the socialist collapse timeline.

>> No.23223565

>>23223280
thats cause they're experimenting on us first

>> No.23223613

>>23223280
another victim of the left, good luck anon, god bless.

>> No.23224353

>>23223280
>they gave free pensions to billions of boomers that never supported the pension system
glad to see boomers are fucking up the entire world and not just america

>> No.23224381

>>23222583
Based and redpilled

>> No.23224405

>>23222643
Look at your tax hikes that are coming kek

>> No.23224431
File: 660 KB, 600x480, 1548940103347.png [View same] [iqdb] [saucenao] [google]
23224431

>>23222583

>> No.23224457

>>23224405
>tax hikes
>lol
>bro, literally, nobody has a job
>fuck are they taxing lmao?

>> No.23224575

>>23222583
okay so here's what I think will happen
> massive recession due to China flu starting 2022-2023 after a crypto (golden) bull
> crypto anons make it especially LINK marines
> smart contracts and digital dollars adopted and in service in many countries 2024
> adminstration and accounting especially effected ~90 reduction in labor
> automation continues and many wage slaves are left unemployed
> UBI is rolled out: tokens are distributed to those that cannot work or are unable to find work in the new hyperGlobohomo PC woke world
> UBI tokens cannot be saved: unused tokens are burned at the end of each payment cycle and wallets are topped up to maintain a minimal standard of living.
> class divide becomes a matter of tokenomics literally
Thanks for this Vitalik, seriously

>> No.23224760

>>23224575
You left out stockchads.

>> No.23224772

>>23222583
https://www.youtube.com/watch?v=jk1eU_zlf3s

>> No.23224890

>>23224760
SEC thinks everything will be tokenized my dude.
I do think they'll be an awesome black market for trading ubi tokens if they cannot be saved

>> No.23224980

>>23222643

All your inflation is in real estate and the stock market you dumb shit.

>> No.23225134

>>23222583
I went to the store and bought 12 pack of seltzer, paper towels and eggs. Shit was $45. Laudy laudy.

>> No.23225171

>price of food gone up
Remember when Tyson and others were culling pigs / chickens and dairy farmers were dumping milk down the drains because they thought demand was going down and they'd rather throw their supply in the trash than charge lower prices?
Price gauging and cost push inflation; food is still in demand so the prices went up and economic output went DOWN.

Stagflation here we come.

>> No.23225287

>>23225171
>stocks went up
Remember when the Fed bought $80billion worth of treasuries again last week, keeping the price high and the yield low so as to force portfolio bots to move their allocations into equities in order to meet their meme % return levels, but the DCF of the underlying of those equities did not change but actually decreased?

2 points for stagflation

>> No.23225412

>>23225287
>house price inflation
Remember 2008 when they gave too many bad loans? Remember that thread about JPM and others aiming to write $30bln in loans to African Americans I order to fight systemic racism in finance ? Better get that mortgage now while the rates are so low, goy. Demand is through the roof. Housing prices are literally the highest they've been in US history. I don't know how stagflation fits in here. You'd think demand for housing don't be like it is with high unemployment but it do.

>> No.23225473

>>23224980
this is /biz/ bro, inflation in real estate, stocks, PMs, etc, is GOOD for us lmao. we keep our worth in that shit. because this is /biz/.

>> No.23225494

>>23225412
>energy prices
Ok they didn't go up yet. But we are at the mercy of sand and snow niggers decisions about supply levels. More cost push inflation.

What else am I missing

>> No.23225502

>>23225171
it isnt that they'd rather do that than charge lower prices, it's that they're already on thin margins, so it's actually negative-net-income for them to lower the price when you factor in shipping, storage, and other costs. disposing of it was the most efficient solution for their bottom line.

>> No.23225532

>>23225502
>when you factor in shipping, storage, and other costs.
(((middle men))) strike again

>> No.23225552
File: 940 KB, 775x610, Ora ora.png [View same] [iqdb] [saucenao] [google]
23225552

>>23223280
It's sad because geographically speaking Argentina has a great ability to be a strong industrial state.
It's just the socialists keep your country from developing properly

>> No.23225573

>>23224980
This >>23225473
I mean yeah the price of everything fluctuates, as long as there's no real communist revolution I'm fine and I mean actual communist revolution not higher taxes or regulatory changes.

>> No.23225893

>>23223042
A ustedes los argentinos la crisis los hace mierda cada diez años, no?

>> No.23225994

>>23222583
Yeah, a LOT of foodstuff in my stores have gone up in the past months, stuff that used to be £1 are now 1.25 on "sale". I've been stockpiling long-term goods as I might as well buy them now before they get any more expensive. Funnily enough, my income is not increasing with this inflation and there is a very good chance I will be unemployed before Christmas.

>> No.23226223

>>23222583
Not exactly hyperinflation but at my grocery store, microwave meals have gone from $3 to $3.30, with sales much less frequent

>inb4 learn 2 cook
I can, I'm just lazy, also this is the only price I take close note of when food shopping

>> No.23226319

>>23223280
How do you see your countries situation playing 5 10 20 years from now?
Are you planning on leaving?

>> No.23226355

>>23225893
vivimos en crisis permanente

>> No.23226395

>>23222583
California here. Fast food is maybe 10% more expensive since March but groceries seem basically flat (ignoring the meat shortage up through June-ish). Home prices, rents, and collectibles continue to increase, of course, but that's been going steady since 2013.

>> No.23226408

>>23224575
>2021-2023, gold reach ATH of $10k per oz, followed closely by silver

>> No.23226409

>>23222583
I honestly can’t. Believe you guys believe in inflation. The global elite could print off 100 trillion tommoorrrow and they wouldn’t let global inflation happen. You people disgust me with your worry about financial things like conseravtives you are like that brainwashed worker from that cookie example where the billionaires leans over to you and says
>he’s trying to take your cookie
Let the brrrr machine roll

>> No.23226470

>>23222583
Yeah, used to cost my gf $20 for a cab back when she goes on a night out but now she can't afford them.

>> No.23226526

>>23224575
Many people either quit wage slaving or become:
>Online Gurus in social media
>Girls who’re themselves out 10,000,000x
>Boomers escape to the tropics
>Marijuana is legal to quell the populace >Mushrooms become legal in blue states
>Social credit system implemented
>Housing correction
>Elites gobble up houses
>Housing does a 400x
>Renting is the new norm
>20 people per one home to save money

>> No.23226557

>>23226409
nice bait

>> No.23226614

>>23225552
People get the government they want. Uneducated people get uneducated government.

>> No.23226706

>>23223042

Damn, did your country do a rugpull or something?

>> No.23226740
File: 57 KB, 644x800, biomwroim.jpg [View same] [iqdb] [saucenao] [google]
23226740

My McDonalds order used to be around $15. I just payed over $18 - for the same fucking meal bros WTF

>> No.23226788

>>23226706
its way worse than that

>> No.23226800

>>23223042
love argentina every time ive been there.
only real issue i have is some faggots will sell you a hamburger with eggs and ham on it.

>>23226706
yea so argentina is a serial defaulter, they dont pay back their loans with actual GDP profits, instead they devalue their currency to pay off things and or steal it from the ppls bank accounts (corilito 2001)
govt economics in the country are by far one of the most disfunctional of any modern day 2nd world nation and argentina is trying very hard (and doing well in some places) to be the spanish USA of south america. but the politicians are so fucked its mostly a lost cause. the people are great, and you'll never see a fat man or woman in argentina. i know i didnt.

>> No.23226813

>>23226409
>Let the brrrr machine roll
Uh, hello based department? Let everyone know we just found our new CEO of Based.

>> No.23226901

>>23226470
lmao

Kerrygold butter at Costco was $8 for 2 pounds and now it's $13. Not sure if price fluctuation is normal for Costco but I've never noticed anything like it before

>> No.23226960

> pizza has gone up $5
> ergo, the reserve currency of the entire planet is experiencing hyperinflation
Please consider seeing a doctor anon. These hallucinations aren't normal.

>> No.23227052
File: 1.21 MB, 1080x1385, Screenshot_20201012-195542_Photos.jpg [View same] [iqdb] [saucenao] [google]
23227052

>>23223280
Lmao, I spent three weeks in Buenos Aires last summer. Puerto Madero is amazing. Temple burger still offered 50 cent beers and I could get bottles of wine and steak for under 10 dollars. Plus argentenian women all look like models, plus a lot of them are white. Definitely creamed a few cuties while I was in town. The only annoying part is that they dont start partying til like 3am, so I was pretty worn out most nights. One girl I stayed up all night fucking gave me some amphetamines to make it thru the work day. I was so tired.

God, puerto madero is fun if youre an american and have USD. I took pic related the day I got there. There were protests because of the rampant inflation.

>> No.23227084

>>23224772
listening to this while watching this https://www.youtube.com/watch?v=L1DXjGBbQsY

>> No.23227121
File: 854 KB, 1079x1441, Screenshot_20201012-195958_Photos.jpg [View same] [iqdb] [saucenao] [google]
23227121

>>23227052
Good fucking times.

>> No.23227164
File: 95 KB, 994x861, xMSJKia.png [View same] [iqdb] [saucenao] [google]
23227164

>>23226706
if you only knew how bad things truly are.

>> No.23227216
File: 26 KB, 452x415, 1591645348201.jpg [View same] [iqdb] [saucenao] [google]
23227216

>>23227052
>>23227121
It's even funnier if you have usd and live on crypto since crypto here is bougth at a premium relative to international exchanges , so you can live like a king with less than 2k usd kek.

>> No.23227231
File: 67 KB, 1024x717, 1598571455985.jpg [View same] [iqdb] [saucenao] [google]
23227231

>>23226901
And all of this shit with a collapsing velocity of money international.

The chinese year of the ox is looking good for crypto.

>> No.23227278
File: 1.68 MB, 1080x2280, Screenshot_20201012-200723_Photos.jpg [View same] [iqdb] [saucenao] [google]
23227278

>>23227216
I really want to go back and fuck more of your women and use my american privilege to live like a fucking king.

>> No.23227349

>>23222583
I'm subscribed to 5 different onlyfans accounts and they all raised their prices in the last 3 months.
I literally cannot afford to live anymore.
This is why we need UBI.

>> No.23227352

>>23222583
pizza reports from Washington state: pizza place down the road used to have great pies for ~$20 for a large. now they are ~$32 and taste like a thin layer of cheese sprinkled over cardboard.

>> No.23227393

>>23227278
Next time use local crypto exchanges

https://ar.coinmonitor.info/

every time you sell at a premium some argie can buy cheaper to obtain international goods.

>> No.23227423

>>23227393
A friend of mine had me pick up some pundi x shit when I was there. I dont think that project went anywhere tho

>> No.23227699

>>23222695
It's insane how nobody is pricing this shit. Market is going rampant despite these huge deficits and more money printing on the way. Not even in 2008 did we have such a fucking horrible situation.

>> No.23227831

>>23225494
>>23225412
>>23225287
>>23225171
This is all bullis.

>> No.23227889
File: 5 KB, 238x212, 1597172199914.jpg [View same] [iqdb] [saucenao] [google]
23227889

>>23227699
What do you mean, markets are pricing it in. Its going fucking skyhigh lmao??? I don't think Microsoft profits are gonna be impacted by US national debt levels.

it's only bad for the seething normie/wage slave who actually has to suffer the consequence of the coof.

>> No.23227904

>>23222583
there's global inflation!!!

t. 1 struggling pizza place that raised prices trying to make ends meet during a pandemic

>> No.23227988

Grocery bill was 200-250usd at the start of the year and years leading up to it....

Diet didn't change and I still buy the same boring lot of food as I always do. I do buy a lot of produce. My bill jumped to 350ish USD in about 1 months time.

I want off the ride.

>> No.23228124

>>23227904
Why are you so emotional about this. Are you paid to post?

>> No.23228150
File: 3.40 MB, 588x588, 1601989073470.gif [View same] [iqdb] [saucenao] [google]
23228150

>>23228124
>tfw there is literal fiat shills now shilling their coin.

>> No.23228166

>>23222583
Tram tickets used to be 1.50 10 years ago now 2.80

>> No.23228222

>>23228124
>>23228150
Yes, please do not ask any more questions. I can not reveal my employer.

>> No.23228359

>>23222643
We have it here too goyim

>> No.23228493

>>23223042
are you stacking your national metal

>> No.23228666
File: 285 KB, 900x500, dab.gif [View same] [iqdb] [saucenao] [google]
23228666

>>23228493
stacking bitcoin, ethereum and monero, let the whole thing hyperinflate it will be healthy in the long term,

>> No.23228758
File: 497 KB, 654x663, 1577913861171.png [View same] [iqdb] [saucenao] [google]
23228758

If shit ever gets as bad as some of you think it will, the only thing worth holding will be guns and ammo.

>> No.23229000

>>23228758
You underestimate the cowardice of the human race. It takes a fucking lot to get them to revolt. Just look at China as an example. People literally live in closets

>> No.23229056

>>23222583
I bought a bottle of sparkling water at a restaurant today and it was fucking 8 dollars, are you fucking kidding me

>> No.23229560

>>23224980
>All your inflation is in real estate and the stock
so it goes up?

>> No.23229574

USA here
hit up the ATM
for the past 5 months everytime i get all brand new sequential bills
they are printing them like a mofo
trade dollars while you can

>> No.23229605
File: 379 KB, 1080x2280, Screenshot_20201012-221209_Chrome.jpg [View same] [iqdb] [saucenao] [google]
23229605

>>23228666
Wow this shit is sad as fuck

>> No.23229803
File: 21 KB, 718x274, omfg.png [View same] [iqdb] [saucenao] [google]
23229803

>>23229605
>google price
lol wut? this is the real price

>> No.23229864

>>23223161
It used to be a good country because of mass immigration of euros.
Retarded local populist politics fucked everything up.

>> No.23230031

>>23226706

>do a rugpull

Argentina IS a rugpull.

>> No.23230072

>>23222643
I think food prices in the US are going up too. Also Trump has announced MAGA 500. Which is essentially reparations. Niggers are going to bid up the prices on everything and then mass starvation. Should be fun times.

>> No.23230080

>>23226706
They charge you for the rug before they pull it.

>> No.23230101

>>23223161
White

>> No.23230125

>>23224457
White people, nigger.

>> No.23230137

>>23222583
Yeah I've been fixing up the house and general goods online have gone from about 30-40$ to 60 on average.

>> No.23230188

>>23225171
Most of that was because restaurants stopped buying. It isn't so much they wouldn't offer a lower price as much as it would have cost them more to ship than to just throw the shit away.

>> No.23230248
File: 125 KB, 1798x561, 1574832351995.png [View same] [iqdb] [saucenao] [google]
23230248

>>23222583
pic related is the price for a kitchen in my country. now this shit costs 2x of what it'd cost in a normal. granted, I live in chile and prices went down between october-december because there was some crisis and retail stores wanted to sell their shit ASAP. also dollar went up like 10-15
5

>> No.23230264

>>23222583
Great Depression imminent. Thanks to this “inflation”, everyone is going in to investments. But we’re in a stagflation, and once people start realizing this, it’ll be too late.

>> No.23230291

>>23230248
Wena culiao.

Also, i'm afraid about general inflation, should I put the bigger part of my salary into bitcoin? is it's a secure way to save?

>> No.23230304

Anecdotal, but the price of milk I noticed has gone up a ton at my local grocery store. Was less than $2.5 a gallon and now it's around $3.19.

>> No.23230321

>>23226409
Another victim of MMT.

>> No.23230362

>>23229560
It goes up because it’s getting more expensive, that doesn’t mean it’s worth it’s current value. Once America stops it’s printing or once the world decides to drop the dollar denominator. Then it’s all over. As we realize that we’ve been living in an extended golden bull run for the past century.

>> No.23230369

>>23230291
I have no idea. I suck at managing money
I don't know if buying USD would be good or bad idea. I bought some in may and so far I've been losing money...
also, I don't buy btc for the same reasons: I've only lost money because of that shit kek. but I guess if it goes below 6k then you should buy.

>> No.23230420

>>23227278
Sounds like Wiemar. Yet again so does the US. Fucking Only Fans degeneracy and faggotry running rampant. Hyperinflation is all that's left.

I'm still betting the next Hitler comes from Canada though.

>> No.23230448
File: 157 KB, 1183x822, 1599737531505.png [View same] [iqdb] [saucenao] [google]
23230448

>>23230248
>>23230291
>>23230369
also, here's price of dollar for the past year... plebiscite is coming, protests will continue, so it's kinda obvious IMO that the price of the dollar will continue at this level or even worsen. I wish someone would do magic TA stuff on this, though.
source is https://www.bolchile.com/dolar-public , click on 1A

>> No.23230459

>>23227988
It's only going to get worse after the election, no matter who wins.

>> No.23230464

>>23228758
Have that too.

>> No.23230504

>>23230448
line goes up. De nada.

>> No.23230635

>>23230504
thanks mate

>> No.23230664

>>23223042
Sorry gallego, better luck next time che

>> No.23230685

>>23222583
Over the course of 15 years frozen pizza in the bay area has gone from about 5 dollars on sale to 6.50 on sale.

>> No.23230701

>>23230685
So that's about 2% a year. Holy shit the fed was telling the truth the whole time. Who knew.

>> No.23230732

ITT: americans laughing at our poverty

it's sad that threads like this don't get much attention

>> No.23230792

>>23229605
Real price is 2x, google exchange rate is fake

https://localcryptos.com/Bitcoin/Argentina/Buy

>> No.23230851

>>23222583
Staking shit is the future, and most don't understand. Even shit like Tezos (or the upcoming API3) at a 100% price raise (pittance) + 10% APR for staking is a huge win.

>> No.23230878
File: 16 KB, 400x400, keked.jpg [View same] [iqdb] [saucenao] [google]
23230878

>>23230321
Kek

>> No.23230936
File: 295 KB, 500x258, 1598605370315.gif [View same] [iqdb] [saucenao] [google]
23230936

>>23226800
>checked
All i wanna know is, of all the South American countries, (I've been to Rio & Santiago) how good is Argentina for a few weeks of coke and smoking hot latino hookers worshipping my cock?

>> No.23231146

https://www.bls.gov/news.release/cpi.nr0.htm#:~:text=The%20Consumer%20Price%20Index%20for%20Urban%20Wage%20Earners%20and%20Clerical,percent%20prior%20to%20seasonal%20adjustment.

Guys, don't worry. The government says that inflation is only 1.3%. Crisis averted, thank you jerome.

>> No.23231201

>>23231146
oh thank god
you had me worried for a moment

>> No.23231671

bump

>> No.23231946
File: 118 KB, 700x881, 1601221605874.jpg [View same] [iqdb] [saucenao] [google]
23231946

>>23223042
bro Argi here, help me out, im just starting on mi /biz/ trip, studied a lot of technical analysis but the local laws regarding off-shore accounts, internatioinal traders and dollar taxation are driving me crazy specially because they keep changing every 3 months or so. With the "35% Impuesto solidario" in place I'm think I'll inevitably get shafted by any trade I attemp, is this true? Is it even viable to buy and hold considereing the fee I'll have to face if I try to get the money out?

Btw what's the pipeline to buying cripto? What services are you using?

>> No.23232207

>>23224890
I thought UBI was supposed to have a deadline to spend with negative interest rates? Unless a market exists to have it traded for a premium mmhmm.

>> No.23232273

>>23222583
Started tracking prices late last year iirc. Accidentally destroyed the records....

>> No.23232796

>>23222583
A lady lost her shit in the grocery aisle because the mouthwash was too expensive and she "is sick of them jacking up the prices all the time!"

I'm helping my girlfriend buy a car, and looking at the same vehicle (2 year old truck, about 70k miles, etc) costing 30k, when ten years ago I bought the same truck for 15k, was nuts.

Just spent a weekend with old hs best friends. ER surgeon and chief engineer at Intel. Telling them about real inflation rates and how big Macs cost 15 bucks now. How the central bank applies a hidden 10% tax every year. They don't believe me, ask for the data. Show them shadowstats charts with real inflation numbers. They say fringe theorists aren't trusted. Show them FRED data about Fed asset balance sheet. Show the same trends in turkey before the lira collapsed, argentina, venezuela, lebanon. One says "I don't believe inflation is higher than 2%." The other tries to argue about politics and how trump is responsible for everything bad in the world. I've never seen such willful ignorance, outright disregarding anecdotal, personal, and objective data. What I'm wondering is, why?

>> No.23232889

USA New England,

Lots of stores, gas stations etc. with signs up asking for small denomination bills and even change.

Craziest thing, I went to a store and found that if I paid them in change I would receive $25 off my subtotal, so naturally I did it. The purchase was for $80 worth of goods that I ended up paying $55 for because I paid in change.

>> No.23233092

>>23226800
>only real issue i have is some faggots will sell you a hamburger with eggs and ham on it.
There's a place around here that sells that and calls it the hangover burger. Really does the trick when hung over.

>> No.23233102

>>23231946
Use localcryptos , local exchanges from the list

https://ar.coinmonitor.info/

or localbitcoins

regarding trading on stock markets forget it , you can't even get your money into the country fucking freelancing anymore.
Fucking retards don't even let exporters get usd lmao , we are so fucked.

>> No.23233134

>>23222583
Ever since the beginning of the lockdown I started ordering the same food every day. The first few days the container came completely packed. It was gradually reduced over the months and I'm pretty sure the last time I ordered it was between 1/4 and 1/3 of its full volume (price unchanged)

>> No.23233890

I cook all my food and have noticed groceries are insanely expensive compared to one year ago.

House prices are also inflating like crazy. I was hoping to buy a house in the next couple of years but that's out now.

Used cars are twice as expensive as they were a year ago.

At least I have enough capital in the stock market to benefit from some of that inflation.

Cpi is a joke fyi

>> No.23233998

>>23233134
Stop ordering from them, leave a review about how they are shit. The reason these companies do this is because idiots keep giving them money.

>> No.23234127

>>23233134
that's not inflation, that's your delivery driver becoming increasingly desperate and starving, so he's eating more of your shit lol.

>> No.23234132

>>23223042

>live in third world shithole
>doesn't save in dollars.

you deserve whatever is coming your way.

>> No.23234133

>>23232796
>A lady lost her shit in the grocery aisle because the mouthwash was too expensive and she "is sick of them jacking up the prices all the time!"
I was in walmart checkout behind a nig. I usually avoid lines with nigs because they take forever. Anyway he scans something and then jogs out of the store without paying. He dropped A kool aid packet as he was leaving. I had to move machines because I was too embarrassed to call the cashier over and cancel the transaction for a packet of kool aid. Not even kidding.

>> No.23234149

>>23233998
basically this as well^. when i have a pair of bad experiences at any restaurant, i karen to the manager, explain that i have also emailed their corporate office, that i will be posting reviews, and that i will not be back and do not want a gift card or any compensation. i tell them that i am simply letting them know about the situation, and why they have lost a customer, i'm not begging for a handout i'm doing you a favor so you can fix it before you lose more business, goodbye.

>> No.23234151

>>23225412

everything in an economy is at all time high or close to all time high ALL THE TIME. it's called growth, look into it.

>> No.23234217

>>23234132
we cant even buy dollars now lol

>> No.23234222
File: 163 KB, 1121x967, 1588479605809.jpg [View same] [iqdb] [saucenao] [google]
23234222

>>23234132
I rather save in bitcoin & monero

>> No.23234287

>>23232796
intelligent people who made the right moves while also having a good support system think life is easy. theyre not outsiders to the systems so they cant see whats wrong with it. my stepdad's the same way. he worked for 40 years for defense contractors like boeing as an engineer and made a ton of money. to him the government and defense industry is nothing but a benign teat that he suckled on for years. when i tried to redpill him on epstein he totally denied that epstein had any connections to government, said he was just a random billionaire weirdo. idk why but scientific academic types often have a very myopic worldview

>> No.23234461

>>23234287
They've been told what to do and how to think their whole lives. They've spent their years engrained in a very isolated hierarchical structure that has not taught them much about what goes on outside their field. Hence the appeal to authority and general mental inflexibility.

>> No.23234887

>>23230420
>I'm still betting the next Hitler comes from Canada though.
Why's that? I live in leaf land and Canada is probably more pozzed than anywhere else.
I see no signs of any serious force for change. There's a very small minority of white people that recognize the problems, but anyone that hints at rhetoric that sounds remotely similar to being pro nationalism or anti immigration gets called evil by the entire media and it seems like everyone buys into their propaganda. Derek Sloan was the most based Conservative candidate and he came in last. Even the PPC didn't win a single seat and it shows no signs of mass support.
I wish this wasn't the case but the brainwashing runs deep and I just don't see it happening.

I do think there's hope for the US, they have a long road ahead still, maybe an Alberta secession has potential to join the US.

>> No.23234912

>>23234287
why would two people who have clearly made it in life, listen to someone who has to buy a used car lol?

>> No.23234940

>>23234461
they benefit from the system, so why would they want to change it or even admit to anyone that they know its bad? of course they know its bad, but it's good for them, and that's what matters. it's why boomers destroyed everything in exchange for a few decades of untold wealth for themselves; selfish people win.

>> No.23234983

>>23234912
people busy with life and responsibilities dont have time to research stuff outside their field, thats why neets are usually the most redpilled

>> No.23234990

Square meter prices in the city i live in skyrocketed to $13k, today the smallest apartments in the whole country average $11k

>> No.23235007

>>23234983
ok but that doesnt explain why people who've made it should listen to people who havent. neets might be redpilled, or they might just be disillusioned and bitter because their life choices had less than stellar longterm results lol.

>> No.23235234

>>23235007
money isnt everything man, yea u made it in life, got a nice car, nice house and nice wife, doesnt mean u know jack shit about how the world works. They should listen if they are even remotely open minded, which they probably arent, and then come to conclusion themselves, but most dont even do that

>> No.23235298

>>23223042
kek your country is a joke. imagine being one of th worst fuck ups in south america even though no foreign power fucked with your country like they did with a bunch of other SA ones.

fucking shithole country

>> No.23235355

>>23235007
>people who've made it should listen to people who havent


That’s where you getting into ego, who’s right and wrong, and trying to sell an idea. Once you step into that arena, you’ve lost. Boomers are tight fisted arrogant fucks, and they can smell a salesperson whether it’s an idea or a mlm from 100 miles away. The more you sell to a boomer, the more hard ass they get. Look at buffet and schiff. You could give them bitcoin, and they’ll just “lose” as a fuck you to anything that doesn’t fit into their paradigm.

>> No.23235456

>>23235298
except they did, though it wasnt foreign power which fucked us most but certain tribe which found a new home here. We were fucked in the ass so hard we should be living like african niggers, but the country is so rich in resources we can be exploited for centuries and still live relatively comfy

>> No.23235467

>>23228758
>suicide stack is 1
best hodl

>> No.23235555

>>23235355
i guess dude, but just using myself as an example, i'm a wagie security guard. but, due to be financially literate/understanding how to budget, i've managed to buy a home/invest/etc and generally am doing far better than the average wagie. so, when i encounter other wagies in my social circle/at work/etc, i'm obviously not going to take their advice because the result of doing things their way has not been good.

>> No.23235711

>>23235555
so my point being, i cant understand why someone who is, say, an engineer, would take MY advice, because they're 'made it' about as much above me, as i am above my peers lol.

>> No.23235891
File: 58 KB, 680x510, 14f.jpg [View same] [iqdb] [saucenao] [google]
23235891

>>23222583
>takeaway food portions are going down noticeably.
burger always has these coupons here in germany.
In the good old times there was a coupon for 2 double steakhouse menu - the last few years/months/whatever it has been reduced to 1 double steakhouse and some generic shit like 9 nuggets - and now it seems like they completely deleted it from their coupons. All what's left in the last thing we got here was a single steakhouse combined with some other trash burger for the same price.

does that count?

>> No.23235906
File: 40 KB, 720x695, z39c12tmjhbz.jpg [View same] [iqdb] [saucenao] [google]
23235906

>>23235891
*burgerking -

>> No.23235928

>>23235711
except in the guy example he wasnt giving advice on anything, just talking politics and stuff.. and you went why should they listen to him if they made it and he didnt?

>> No.23235948

For me a pizza was £5 and it’s still £5. Might be the lack of Jewish community where I live

>> No.23235971
File: 305 KB, 1576x2048, Marcille a cute.jpg [View same] [iqdb] [saucenao] [google]
23235971

>>23229605
Peter Schiff can talk shit about bitcoin all he wants but even if it isn't 'as good as gold' it is leagues better then all these shitty government currencies.

Lebanon and Argentina as examples of what will happen in the west sooner or later.

>> No.23236168

>>23230291
>is it's a secure way to save?
>is it's a secure way to save?
>is it's a secure way to save?

The state of Biz, is bitcoin a secure way to save...

Yes bro, risk free all in!

>> No.23236541

>>23224457
Im still working you lazy nigger

>> No.23236735
File: 16 KB, 280x337, tedk.jpg [View same] [iqdb] [saucenao] [google]
23236735

I went to Aldi and my food is usually 40 bucks, it was $71 yesterday. I always get the same shit

>> No.23236776
File: 1.69 MB, 1903x1068, Screenshot (56) - Copy.png [View same] [iqdb] [saucenao] [google]
23236776

>>23228758
mfw I got guns, ammo, armor, crypto, credit card debt. Not much but enough to defend myself from the infamous BLM supporter Sammy Alhaddi

>> No.23236952

>>23222583
My weekly moonshot channel “Uniswap Chads” previously brought you:

Bnsd finance, 380%+ pump. (Hot tip)
Mafia.network, 30%+ pump. (Moonshot)
Chess coin, 80%+ pump. (Moonshot)
DogeFi, 80%+ pump. (Moonshot)
UniCrapToken, 80%+ pump. (Moonshot)
AllianceBlock, 55%+ pump. (Hot tip)
BaconSwap, 160% to 220%+ pump. (Moonshot)


I do weekly moonshots and 450+ chads have already joined my channel and many of them are already profiting from these epic pumps!

I am making my own set of rare, limited edition, NFT’s which will be distributed to the people in my channel. The use case of these NFT’s will be announced once they have had a few weeks to become more distributed (I will give away 6 NFT’s per week). If you are lucky enough to win one of these rare NFT’s I might suggest not selling them cheap, or you may find that you seriously regret it once I announce what makes them so valuable.

t.me/uniswapchads

>> No.23237236

>>23234912
what kind of retardation is this? the "people who have clearly made it in life" usually are the ones buying used cars because there is no need to waste money on new ones, and also, wether they "made it" or not is completely irrelevant to the fact that inflation IS a real issue, and they also probably WILL notice it at some point.

>>23233890
>I cook all my food and have noticed groceries are insanely expensive compared to one year ago.
this is what bothers me the most. poor people all over the world are having the worst times of their lives probably...

>House prices are also inflating like crazy.
I've noticed this. even here in my shithole, people aren't selling their crappy wooden houses for less. they keep asking for MORE, as if the crisis somehow meant people will pay more for a house...

>>23235298
external lenders are the ones fucking argentina in the ass. plus lots of jews live in argentina, and they are still mad about AMIA (israeli-argentinian association or some shit)

>>23236952
go shit in your designated street and then kys

>> No.23237274

>>23223280

jesus christ how horrifying

>> No.23237709

bump

>> No.23237824

>>23227889
Well fucking said. Big tech profits will only hyperinflate on the way up.

>> No.23238526

one last bump

>> No.23238616

>>23235971
>bitcoin
>shitty currency
wow i thought you were describing bitcoin itself

>> No.23238759

>>23224457
finance chad here, still employed, get off your ass you lazy nigger

>> No.23238779

>>23222583
wow.... so what your saying is.... instead of crypto, we should ahve all stacked up on pizzas to 2x our money?

>> No.23238808

>>23238779
No because the price of sauce and dough went up too :(

>> No.23238894
File: 48 KB, 780x439, nutrition-north-orange-juice.jpg [View same] [iqdb] [saucenao] [google]
23238894

>>23222583
Its really bad in northern canada. Was just working in a remote community, and although I got this pic on google, these were the kinds of prices you can expect. Generally stuff was like twice as much, but right now its like 5x.

>> No.23239157

>>23222583
>7 euro pizza in March
>12 dollar pizza in October
Use the same currency for the comparison, brainlet

>> No.23239216

>>23223042
Buy crypto/gold and get out to Uruguay/Paraguay/Chile while you can, fren. Your economy is over, you're the next Venezuela.

>> No.23239321

>>23235711
That's a fallacy a lot of people struggle with that makes this site so powerful, being able to separate the authority from the authority's words and ideas. People innately run to the authority because they can't trust their own judgements out of lack of information or expertise or just not being thoughtful enough.

This board's anonymous feature prevents anyone from playing the "I'm a doctor/lawyer/expert/ so trust me bro" and you have to back up what you're saying. It's a true idea meritocracy the weeb imageboard form of Ray Dalio's hedgefund he designed his work culture around that he talked about Principles.

>> No.23239423

it's been interesting seeing the rents creep up in my city despite the industry being decimated (tourism makes up the brunt of our economy). can't wait to see the real shitstorm start brewing in 2021

>> No.23239497

>>23235298
>no foreign power fucked with your country
t. geopolitical brainlet
>>23226706
They don't pay loans, they're done forever
>>23223161
They're brainlets with a worthiness complexity
>>23235711
This is a shill board, you're here to buy my pumped bags (thinking you'll make it with them) while they go to zero, pajeet.

>> No.23239584

>>23239423
meanwhile I refinanced my house with lower interest rates and cut my monthly payment by nearly 30% lol rentcucks get fucked again.

>> No.23239624

>>23230685
This is actually a decent barometer. However, in the passed as early as just before pandemic you could find lots of buy 2 get one free, or 5 for 5 bucks. Now you never see these deals anymore.
I've noticed products $1 more expensive across the board.

>> No.23239648

>>23239584
i bought recently, myself so i'm just happy to be out of that mess

>> No.23239760

Prices here stayed pretty much exactly the same, housing even got a little bit cheaper. But sales tax got temporarily cut in half for restaurants and a few other services and they didn't get any cheaper, so it might just be masked by that

>> No.23239844

>>23231201

Its ok too bc jpow says adjustable target. Go team 1.2!

>> No.23239938

>>23222583
Price the pizza in gold OP, I think you will find the price is the same, or only slightly higher due to tax and regulations burdens.

>> No.23239950

>>23238894
I'm a burger that went to Ontario last year for a friend's wedding. It was disgusting walking through the grocery store there. Everything was walmart quality for literally 4x-20x the price

>> No.23240002

>>23239950
yeah man, desu Canuckistan got fucked on trade once Trump negotiated something that was kinda fair.

>> No.23240021
File: 100 KB, 773x1000, 1584382894738.png [View same] [iqdb] [saucenao] [google]
23240021

>>23222583
Meat in the USA is up 11% since the beginning of the year. Food, housing, tuition, etc are all skyrocketing by the fed says there's"no inflation" because they don't count things people need to live in their CPI. MMT is going to crash the global economy with no survivors as soon as next year, but more likely in 3-5.

Hold on to your butts, global CBDC and transaction controls coming to a dystopia near you.

>> No.23240082
File: 429 KB, 2616x2160, ManheimUsedVehicleValueIndex-LineGraph.png [View same] [iqdb] [saucenao] [google]
23240082

>>23240021
>>23222583

Used car prices are up 15% since last year

>> No.23240165

Shrinkation and inflation are happening.

Same bag of chips before was $1.29. Now it’s $1.89 and the bag is noticeably smaller. It’s only going to get worse.

>> No.23240200

>>23226800
Burgers with eggs and ham are kino
T. Burger

>> No.23240235
File: 52 KB, 680x680, me.jpg [View same] [iqdb] [saucenao] [google]
23240235

>>23240082

>Need for commuting has plummeted since covid hit
>People having more and more goods delivered
>Somehow used car prices go up

Yeah, this is a clear sign. Demand might have risen thanks to stimmybux, but not by that much, and the supply couldn't have changed that much.

>> No.23240414
File: 217 KB, 1280x720, gta5trevor.jpg [View same] [iqdb] [saucenao] [google]
23240414

>>23222583
i own a townhouse but wanted to get a house to hedge inflation and more space for WFH. I made two offers the last 2 weeks. $16K over and another one $30K with $10K due diligence. there were over 10+ offers in each house and I was outbid both times. these same houses were going for 30-45% less in January 2018 when I was cashing out of crypto. FUCK

>> No.23240553
File: 61 KB, 600x600, 1592716878322.jpg [View same] [iqdb] [saucenao] [google]
23240553

>>23222583

Imagine paying 12€ for a pizza which i can get for 2€ from the store , which i can customize like i want and dont have to fear that anyone has spit on it or touched it with their dirty pajeet hands since its all done hygienic in the factory.

plus i dont have to pay the deliveryfag any tip or something as protection money so he dont spit on my pizza

you faggots deserve to stay poor and should consider kys

>> No.23240579

>>23240553
>brags about buying cheap frozen pizza
>calls other people poor

lmao

>> No.23240611
File: 143 KB, 332x332, 1564857762601.png [View same] [iqdb] [saucenao] [google]
23240611

>>23240553
You can't get domino's pizza in a regular store though.

>> No.23240638

>>23222583
Yes OP, pirces ard going up, wages are stagnant/ work is a little drier than usual. :( feels bad man.

>> No.23240714

>>23240611
you can make your own pizza for the cost of a piece of bread (i use large soft tortillas or naan), 1/5th of a jar of tomato sauce, and 50 cents worth of toppings/cheese.

i do it all the time at home, learning to cook basic shit was the best thing i ever did, allows me to invest an extra few 1000/year which in the long run will make a lot of difference for a wagie like me xD

>> No.23240725
File: 419 KB, 1092x1041, 1592380713284.png [View same] [iqdb] [saucenao] [google]
23240725

>>23240579

cope faggot

you have tons of choice in the supermarket and its literally the same stuff and ingredients

well i dont give a damn about you consoooomers.
Go ahead buy them nigger fried chicken from kfc
and pizza from pizza hut

i profit from both because i have Yum! stonks which is the head organisation behind those.

Go ahead please buy your chickooooon and consooooooooooooooooooooooooooooooooooooooooooooooooooooooooooom

>> No.23240742

making your own pizza, even by making your own dough, is not that difficult. why do you guys all eat and cook like children

>> No.23240770

>>23240714
It might be good, but it's not the same. I'd rather just wait it out til I can afford Domino's.

>> No.23240775

>>23240725
I don't buy premade shit, I can cook and if I want a pizza I will make it from scratch because I'm not a poorfag and have my own pizza oven.

>> No.23240814

>>23240725
>>23240742
You sound like jewish faggots, what next when everything is unaffordable?
> you sound like a 1st world whiney baby, just eat the bugs goy!!!

>> No.23240900
File: 264 KB, 1920x1080, wrpnadf66i051.jpg [View same] [iqdb] [saucenao] [google]
23240900

Cooking is the chaddest hobby

>Saves big money
>Make better food than pre-made shit because you made it the way YOU like it
>Makes bitches wet
>smooth knife handling skills put you on the level of any black-belt fighter.

>> No.23240949

>>23240814
as i said, you make your own pizza. the most expensive thing will end up being the cheese and maybe the toppings, and that's even depending on what you use. even then, making mozzarella is actually not very difficult. no one cares if you're too lazy to cook and willing to use it to justify spending whatever it is you do on fucking dominos, but my god, get some perspective man. the kikes want you blowing your money on dominos.

>> No.23240969

>>23240900
hello, based department?

>> No.23240971
File: 71 KB, 753x960, 1591128048580.jpg [View same] [iqdb] [saucenao] [google]
23240971

>>23240814
>NOOOO YOU CANT EAT ANIMALS
>EAT THE BUGS GOY
> EAT THE NEW BEYOND NIGGER SHIT 100% MADE OF JEW CUM AND BUGS

>> No.23241022

>>23240949
It's pretty cheap if you can catch a good deal, the other night I got a 5 topping large pizza for $10. Worth it considering the time and mess I'd have made going out and shopping for the ingredients and making my own. Though you're mostly right it's not always worth it if you can't get a good coupon.

>> No.23241415
File: 729 KB, 764x768, 1601536634583.png [View same] [iqdb] [saucenao] [google]
23241415

>>23236776
>IM STEALING FROM YOU!
>I
>AM
>STEALING
>FROM
>YOU
>I AM, STEALING FROM YOU.

>> No.23241541

fuck I cant wait for everything to collapse and this jew rigged clownworld to end
cant buy my own home priced out cant do anything yes I am seething

>> No.23241553
File: 3.40 MB, 3024x4032, 2020101.jpg [View same] [iqdb] [saucenao] [google]
23241553

My Pokemon cards have risen well over 1000% since covid started.

>> No.23241578

>>23241541
if everything has collapsed you think you will be able to buy a home? lol no one will want to sell houses if everything collapses

>> No.23241590

>>23241541
Should have just been born in the 40s-50s bro, it wasn't that hard.

>> No.23241618

>>23241578
A little easier to threaten someone with their life to encourage them to sell to you in those kinds of times though.

>> No.23241622

>>23235467
kek

>> No.23241650

>>23241578
my PM stack will save my day
dont @ me with your shitcoins and ponzi stocks

>> No.23241758
File: 58 KB, 679x769, 1561328364812.png [View same] [iqdb] [saucenao] [google]
23241758

>>23241650
> people that don't know shit about precious metals or sound money are going to suddenly want to trade their homes that they have lived in for years are now going to suddenly want to trade it for 100 silver dollars...

>> No.23241823

>>23241758
>Doesn't understand how taking loans in whatever funny money is around against physical assets works

Glass houses, retard.

>> No.23241844

>>23241758
Yes.
when hyperinflation gears in the meme fiat dollars will do to 0 and PMs will be the coin of the land again

happened many times before and is happening in venezuela today

>> No.23241902
File: 57 KB, 328x1024, 1600648833159.jpg [View same] [iqdb] [saucenao] [google]
23241902

>> No.23241962

>>23241844
you better have the guns and the balls to protect your coin

>> No.23241988

>>23241650
I bought a bunch of worthless fake silver for idiots like you to buy from me if there is a collapse lol

>> No.23242064

>>23241962
Guns and ammo aplenty, and tight lips to make sure retards like you don't fry you brain on stupid ideas.

>>23241988
The people you'll be defrauding in that way won't be stackers, they'll be sorry desperate bastards. I hope they kill and eat you when they discover you're trying to benefit by harming your fellow man.

>> No.23242206

>>23241988
idiots maybe
me? no because I will be doing the selling and can easily vet for fakes

>> No.23242893
File: 46 KB, 1200x1200, FA329473-39B0-4309-8858-777CFBA92A29.jpg [View same] [iqdb] [saucenao] [google]
23242893

>>23234887

>> No.23243084

I'd like to make a note here. A lot of people in the thread have mentioned the prices of things like butter, meat, and dairy inflating a lot. This is not due to monetary inflation. It is due to supply chain issues affecting farms currently. while i'm sure the prices of these goods wil raise about 7-9% over the next 12 months it should not be as bad as the current 30% mark-ups ive seen

>> No.23243210

>>23241844
>happened many times before and is happening in venezuela today
so why in venezuela gold has not skyrockted?

>> No.23243314

>>23243084
The issue (in the US) is more that these rise in prices will increase the velocity of money as the stimulus checks become more and more common. The catalyst to start the positive feedback look resultant from a Cantillon Effect as helicopter money starts pouring in from the Fed. Then real inflation begins.

Also, see >>23240082
No demand or supply chain issues account for this.

>> No.23243452

>>23243210
1 ozt of gold in Venezuela is 869,907,528 VES by way of comparison, a new VW Gulf costs 449,764,000 VES, and monthly rent for a 900sqft apartment is 33,515,790VES

I don't understand what you're talking about.

>> No.23243614

>>23243084
It's artificial. These niggers are creating an artificial shortage just for a few extra % profits, boomers being greedy fucking shabbos goys as usual.

>> No.23244283

Bump

>> No.23244316

>>23235007
We are all similarly accomplished. I am just a bit more well travelled and out of the box. I'm also not in debt for the next 15 years like these two, nor dependent on a socioeconomic system outside of my control to ensure my well-being.

>>23235234
Unfortunately people can only educate themselves. You cannot inject knowledge into them against their will. When something is too foreign and the value of it isn't acknowledged, it is rejected, I suppose. I still don't grok the close minded attitude of people obsessed with right and wrong as opposed to being interested solely on what's true. Im still a little confused by the whole thing, i mean, one of them was outright hostile to the point where I left and he apologized later. Like wtf dude relax. I wasn't even arguing with him, was genuinely excited to share data and projections, and he got more and more mad. It was all very childish.

>> No.23244321

>>23226409
>he doesn’t know how poor he is

>> No.23244391

>>23222583
Pizza has always been overpriced if we're talking takeout/delivery type shit. Oh yes let me spend 15 dollars on some greasy pizza with tax, plus delivery fee plus tip. The only time I can even remotely see the price as acceptable is if youre shitpiss drunk, haven't eaten in days and the only place delivering is some pizza joint.

>> No.23244485

>>23225893
my spanish is not so good, but does this say something about argentinian crisis poop inside your anus?

>> No.23245382

>>23230420
>I'm still betting the next Hitler comes from Canada though.
Not a chance. Those faggots wouldn't revolt if their lives depended on it!

>> No.23245419

>>23234887
>maybe an Alberta secession has potential to join the US.
This is the only path forward for Alberta if it wants to survive

>> No.23245507

>>23240714
yes, and a good clit is no different than a mule with some olive oil.

>> No.23246417

>>23245419
Never be allowed to happen

>> No.23246493

Anyone check real estate? How much did the prices for those go up.

>> No.23246664

>>23236776
based debt-denying sam
debt literally isn't real

>> No.23246749

>>23243084
The prices aren't going to go back down, and will have another 9% on top of the 30% added.

>> No.23246750

>>23246493
Real Estate is a GREAT band
www.youtube.com/watch?v=oqIp5Pqt9wc

>> No.23246823

>>23243452
So you're telling me we'll be living like kings soon?

>> No.23246873

>>23246823
WAKANDA

>> No.23246948

>>23241553
How much did it cost you to have all of those graded?

>> No.23246979

>>23246823
As long as you have enough guns, ammo, food, and a means of securing potable water to survive the chaos that goes on as hyperinflation runs rampant then yes. Yes, you'll live like a king off your gold and silver stacks.

>> No.23246991

>>23241844
Not going to happen nigger.

>> No.23247201

>>23246991
China already implemented it's digital dollar system. America(which already flirted with the concept in March) will have no choice but to engage in a currency war if they hope to compete. You better start believing in currency crisis, you're in one.

>> No.23247271

>>23246948
I used ludkins for grading which is like 10$ per card for a small amount of cards. I bought most my psa 9 base set cards for 7$ off ebay because back in 2017 noone cared for them.

>> No.23247359

>>23247271
Are you into them or you knew they would increase in value? Where do you see their price going in 10, 20 years?

>> No.23247418

I only ever hear MSM talking about the deflation. Are they so fucking pozzed they can't even report on the money supply honestly?

>> No.23247471

>>23247201
It's not going to be a crisis you fucking dunce. More of a transition, but if you think it's going to be some chaotic event you're just another happening doomer faggot who hates their life and wishes for the apocalypse to happen just to have something to be excited about. Nothing ever fucking happens, the house always wins nigger.

>> No.23247530

>>23247201
Man if digital-dollars happen, that will only mean one thing:

Massive helicopter money for everyone. It will be the beginning of a balls deep hyperinflation

>> No.23247602

hyperinflation = +50% per month you brainlets. There won't be hyperinflation anytime soon but inflation, sure.

>> No.23247677

>food inflation
Imagine being a foodlet country where the price of food has gone up because you can’t import it cheaply anymore during COVID


Feels good being an aussieGOD with excess food supply produced for everyone and hardly any inflation as a result

>> No.23247704

>>23222695
and do what after that? your currency will have no value. what's next?

>> No.23247729

>>23243452
Can you actually do anything with gold there without the government putting you in prison or sending you your own suicide letter?

>> No.23247793

>>23223042
Argentina bro, how much btc do I need to buy a small house in ushuaia?

>> No.23247942

>>23247729
You can sell it for cash or trade it directly for goods and services if you don't want the government to be alerted. There is a coin shop in my town that does cash-only business for gold and silver. No receipts.

>> No.23248040

>>23247359
I'm just into them. I don't plan on selling but I'm open to trading for other pokemon cards. I bought a PSA 9 unlimited charizard for 150$ in 2017 and now they sell instantly at 3000$. Growth has been insane since covid and this past week especially

>> No.23248067

>>23226557
what does this mean? how come no inflation after so much printing?

>> No.23248224

>>23248067
Short answer: we do have inflation, the Fed just covers it up with MMT formulae.

Long answer: at the moment the excess M2 supply is being eaten up by foreigners who see the USD as the least shit of fiat shit. That's keeping inflation in the sectors the Fed considers in their calculations down... For now. As the velocity of money increases and people start to lose faith in the stability of the dollar, we'll slip into hyperinflation. That is assuming that China's $900bn credit injection from August doesn't cause US yields to spike causing an all-out collapse in the stock market come February.

>> No.23248301

>>23247677
>relying on agriculture exports to feed your country
yeah i guess you aussies sure are cucks having to suck china's and trumps cocks begging for food. When the US and china go to war you're gonna have to choose a side fucking tarantula.

>> No.23249403

Why should the debt be paid back? I don't get it.. I keep on reading ''debt'' ''debt''... but what if banks simply don't pay the money back?

>> No.23249740

>>23249403
Convince then anyone holding treasuries or any other debt securities. What would happen to the bond market if there are no buyers? If there is no incentive to buy bonds, there is no incentive to create credit and lend, hence no growth and economic collapse.

>> No.23249906

>>23235298
Argentina is what will happen to all white countries

>> No.23250164

>>23249740
>Convince then anyone holding treasuries or any other debt securities. What would happen to the bond market if there are no buyers? If there is no incentive to buy bonds, there is no incentive to create credit and lend, hence no growth and economic collapse.
are we currently at the point that banks can't pay the debt back? Ae we or not?

>> No.23250440

>>23248301
70% of our food exports go to countries not named China or USA, nah I think we are good lad, enjoy being a foodlet

>> No.23250543
File: 767 KB, 804x1141, Screenshot_20201013-174218.png [View same] [iqdb] [saucenao] [google]
23250543

>>23250164
The US cannot pay back its debt.

>> No.23250623

>>23222643
Taxes going up anon, controlled process for food loosening. It's going to be about 10% to 20% annual at the super market. It was already something like 10% on milk in 2018-2019 in my area. Food services are probably going to also be 10% - 20% annual.

>> No.23250696
File: 89 KB, 1023x1024, 1602371974821.jpg [View same] [iqdb] [saucenao] [google]
23250696

>>23234222
Checked

>> No.23250703

>>23222583
eggs milk and nuts are crazy expensive in the US where I am now.

Everything else is pretty cheap. Pork and chicken esp.

>> No.23250857

>>23240235
Demand rose due to city exodus. Next time you're out look at the temp plates. They're not all Kia and Hyundai. I see many new Lexus, MB, BMW, sport versions, etc. It's a bunch of faggot blue haired city radioactivity seeping out into the suburbs ready to fuck our collective shit up. They abuse everyone, look down on everyone, and got theirs. Literally a petit petit bourgeoisie that cant work their way out of a wet paper bag without someone to handhold them over teledoc but get paid 2x median. I fucking hate these people.

>> No.23251602

>>23250543
>The US cannot pay back its debt.
what will happen next? inflation?

>> No.23252428

>>23251602
Possibly hyper

>> No.23252624

>>23235298
I'm no Argie but your statement is incorrect. AR is the most ZOGged nation in south america next to chile. They along with Spain are the testbed for commies to push their agenda to neighboring countries

>> No.23252865

Dubs decides the kind of pizza I order.

>> No.23253421
File: 130 KB, 720x1480, 20201013_192311.jpg [View same] [iqdb] [saucenao] [google]
23253421

>>23223042
I'm calling bullshit

>> No.23253451

Housing market was out of whack there this summer and the car market has gone ridiculous, my friend's car APPRECIATED by a few K after a year

>> No.23253514

>>23252865
pineapple pizza

>> No.23253555

>>23225171
>>23225287
>>23225412
>>23225494
>>23225494
All over it, Anon.
wiked smart

>> No.23253898
File: 299 KB, 550x575, argentinidad.jpg [View same] [iqdb] [saucenao] [google]
23253898

>>23223161
The dont

>> No.23254749

>>23247704

A worldwide crypto dollar that's backed by publicly-auditable Bitcoin holdings. It's essentially a return to a gold standard, except this time national banks can't debase the currency by suspending convertibility. (The public will be able to easily transition to another crypto that IS provably backed by Bitcoin if they try.)

>> No.23255203
File: 3.17 MB, 1654x1094, 1597292659107.png [View same] [iqdb] [saucenao] [google]
23255203

>>23236776
>>23246664

How retarded would it be to accept every credit card and loan offer I've received, max them out on precious metals, crypto and other value holding assets then just default on the debt? I have a car loan and credit card from my main bank that are both in good standing, could I keep paying these while telling my other lenders to fuck off?

I was planning to buy a house in the next two years but that doesn't seem like it's gonna be a viable option. Halp me /biz/.