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Politics
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Buy The Dip
Buy The Dip
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https://dailyreckoning.com/is-real-estate-a-good-hedge-against-hyperinflation/
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What are you suggesting? I sell all my properties and buy gold instead?
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You should take a read about property during the Weimar hyperinflationary period too
get diverse imo there's a lot more inflation to come |
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Where am I meant to live during this time?
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Nope not necessarily
but I would be getting diverse like I said |
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Ok, where am I going to live if I sell all my properties? Where am I going to go on holiday to Spain or Scotland that costs what it does now?
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One last bit then I'm off
In accounting they look at hyperinflation slightly differently https://www.ifrs.org/issued-standards/list-of-standards/ias-29-financial-reporting-in-hyperinflationary-economies/ Hyperinflation is indicated by factors such as prices, interest and wages linked to a price index, and cumulative inflation over three years of around 100 per cent or more. |
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This appears to be all American stuff?
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Maybe you could stay in a bitcoin mine
or a gold vault. Might not be too comfortable. |
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why am i bothering with you ?
 anyway in accounting you can see the procedure 'cumulative inflation over three years of around 100 per cent or more'. now look at this Commodity price increases from 12/31/19. Industrial Metals Aluminum +93.6% Lead +18.0% Iron Ore +60.2% Copper +68.0% Nickel +120.7% Zinc +43.5% Tin +102.2% Lithium +905.1% Energy Natural Gas +149.1% Heating Oil +175.7% Coal +615.7% RBOB Gasoline +101.8% Uranium +138.0% Oil (Brent) +77.0% Oil (WTI) +87.1% Ethanol +78.2% Propane +188.0% Agriculture Cotton +89.9% Oats +144.0% Lumber +159.2% Coffee +72.3% Cocoa -6.4% Cattle +10.3% Hog +41.7% Corn +93.6% Feeder Cattle +7.6% Milk +31.2% Orange Juice +19.5% Palm Oil +114.3% Rapeseed +129.3% Rice +22.8% Soybean Meal +61.4% Soybeans +82.0% Soybean Oil +117.1% Wheat +102.8% Sugar +46.2% Rubber +45.0% good night punter |
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I've tried to demonstrate where we are right now
Not many people are getting it Real estate may not protect against very high inflation .. in fact it will not Better hope those interest rate rises come thick and fast , which they won't, but even they will impact property in their own way Punter you need to get some humility and drop that ugly ego you might learn something |
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I just stick to facts. I don't guess at "future hyperinflation" or risk money on bitcoin.
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You seem to think everyone should sell their properties, buy gold and bitcoin, perhaps live in a tent.
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clouded leopard • March 31, 2022 10:14 PM BST
I've tried to demonstrate where we are right now Not many people are getting it I wonder why? |
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Leopard, policy.
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Looking at and corelating the bitcoin & gold charts.
I'm guessing one of the major causes of gold not breaking into the $2,400's as per expected in the turbulent global situation, was a lot of the 'cash' went into Bitcoin as a portable wealth store instead of gold. PP, bitcoin, its not for you. Nothing wrong with that just admit that to yourself, no need to keep expressing tabloid based negative opinions. There are several billionaires who understand it far more than the likes of you and I. You might as well be advising against credit swaps or leveraged CDO's or betting on horses. some people win, some people lose, and some people own the market. |
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It's not for any mere mortal as a long term investment.
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What an absolute tool you are
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Stupid comments give you away every time
Dunno why even bothered |
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I stick to facts. It works for me rather than gamble recklessly on stuff like bitcoin.
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Where have you regurgitated Bitcoin is a 'reckless gamble' from ?
If you have not regurgitated and formed your 'own' opinion on it maybe you can tell us, in your own words, what Bitcoin is and why it is a bad investment ? If you cannot do that I suggest you crawl away and stick to things you understand punter |
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PD ... policy yes but ....
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Even crypto nerds accept Bitcoin is just a totem, without function.
It’s either a store of wealth or a means of exchange. Well it’s become a store of wealth by default, it certainly isn’t a viable means of exchange. Even the Bitcoin convention wouldn’t accept payment in Bitcoin. So as a store of wealth, how valid is it? Well that depends on it’s desirability, fans claim it rivals gold, but gold is both functional and desirable, Bitcoin is neither, it’s a contrived set of numbers held in a blockchain accessed through a cold wallet, it effectively doesn’t even exist. |
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Bitcoin will continue dividing opinions. Most of the peope who have held it for a decent amount of time have made money. I myself was a relatiely early 'investor' when it was at 8k. It went down below 5k after that but look where it is at today.
About 70% of the wealth I have created has come from crypto. Whether Bitcoin is a store of value, currency, or whatever, I couldn't give less fks about it. If you have your risk under control, the volatility, or it going to zero shouldn't bother you. If it does, you're in the wrong business, or simply doing it wrong. @dusty the bitcoin convention was a temporary one time thing. The network struggles with fees and timing. They decided not to accept late fees via crypto because of the time it took them to confirm the transactions. That was 4 years ago. Due to issues like these, alt coins come into existence. They solve these issues and go viral, but soon go RIP as well. Like I said, I couldn't give less fks whether these things even exist. All I know is I can mint money, and that is all that matters(for me). |
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that is so funny that a bitcoin convention wouldn't accept bitcoin as payment.
 PP, I don't wanna get involved in your spat with crypto. Yeah its got insanity written all over it, but when you look at fiat currency that's also got wtf craziness. I'm gonna guess that you probably know a reasonable amount about fiat currency and thus the insanity of things like US gov 'borrowing' $100m, the Fed Reserve literally creates $100m out of thin air, lends it to US Gov, which then deposits it back to Fed Reserve, who now have $100m deposit so they lend it out using leverage 9 times to literally create $900m from it. so now $1billion has appeared from nowhere. You gotta admit that's a craziness on par with Bitcoin. The difference is Bitcoin is nouveau crazy, and Fiat is old hat accepted as norm crazy. I've never mined, bought or sold crypto, but I looked into it way back when it was $3 and am kicking myself for deciding it was interesting enough to start mining and downloaded a few of the programs needed to set myself up. But then decided ah fk it, I could and did make a few hundred a night playing online poker... why bother  |
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An expanding money supply makes perfect sense. The main aim of QE was to forestall a depression such as our parents and grandparents lived through in the "hungry thirties." If Gov can do that by printing money, do it every time please. In fact, the Fed have as good as said they will, as necessary.
If people hide wealth from the law in bitcoin then bitcoin is the enemy of good government and should be taken down. Hopefully, an easy landing can be smoothed, giving people plenty of time to divest from something essentially useless: if we see bitcoin halve in value in the next twelve months, then halve again, the total value of bitcoin would be $200 billion. At that point, it wouldn't be a huge problem if it collapsed altogether. |
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I made a lot of money backing Ian Baker finch to win
the open in 1991,that does not make him a good bet to win this year's open. Times change as do circumstance. Some folk thought trump a good bet at 2/1 because he had won at 8/1 4 years previously. 5 tails in a row do not increase the chances of the Toss coming down heads. A ponzi scheme can only be sustained by the talent of the salesman and the gullibility of his victims and the depth of their pockets. |
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An expanding money supply makes perfect sense. The main aim of QE was to forestall a depression such as our parents and grandparents lived through in the "hungry thirties." If Gov can do that by printing money, do it every time please. In fact, the Fed have as good as said they will, as necessary.
wow |
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Yeah just print more to make it better
sound advice UB |
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You will get your wish however
Good luck with that |
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Thank you. Until all the money in the world = the value of the world (and I hope we all agree that it does not) there will be headroom for expanding the money supply.
 Thankfully, bitcoin is never going to replace regular money. It would be a disaster. |
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40% more dollars than 3 years ago
well that's going well isn't it ? people are already farked but print more ... wow |
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they will print again , no choice
just need another crisis/recession first to provide excuses The current monetary system is the disaster man and I'm not saying Bitcoin is the answer by any means but devaluing the power of fiat at speed does not help the man on the street.. far from it |
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If we become a hydrogen economy then
any Tom, Richard or Harry will be able to set up production in their back garden filling a tank or three from solar power. The pick axe handle makers always loved a gold rush. |
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Of course Tom, Richard, and Harry could
have been making gin, but, government get their cut if legal. |
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"Money printer go brrr.." as the crypto-geek script goes.
The declaration that turned world markets was this: "The Federal Reserve is prepared to use its full range of tools to support the flow of credit to households and businesses and thereby promote its maximum employment and price stability goals. To support the smooth functioning of markets for Treasury securities and agency mortgage-backed securities that are central to the flow of credit to households and businesses.." 15/03/2020 Of course, with bitcoin being an unchanging resource, the world would not have been saved from a decade-long slump following the covid panic. So give thanks the bitcoin bros don't have much sway with the grown ups, except in El Salvador, where the President wears a baseball-cap backwards on his head. https://www.afr.com/technology/why-the-world-s-first-bitcoin-city-is-a-disaster-in-the-making-20211207-p59fid |
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I have no answer, you can grow your way out of it, you can print your way out of it, but the US has a 3 trillion growing year on year defecit, 3 trillion, so whatever it is , it is coming hard and fast and it ain't pretty.
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