This cant be good. Inflation is coming. Hope y'all made some good investments.
(media.patriots.win)
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All part of the plan. Crash the economy, force as many people into unemployment as possible, get everyone onto "UBI" to "solve" the problem they made.
The problem is the endstate of that "plan" isn't there, and what they expect to happen isn't going to go their way because they don't care that human nature is incompatible with communism.
Its actually just setting the stage for the great reset.
as soon as the economy crashes, all the ultra rich will come together and reset the debt. But by doing so, they will create a new type of global currency that will be worthless, but keeps them in power because that money will be backed by what ever the hell they want it to be backed by.
Basically, if you arent a multi billionaire, you arent part of this.
Only they will be ok and still control the world. They want to go so far as to rent out AC units for homes.
Yes, rent air.
Thats how they will keep control over you.
Except, like I said, the endstate they want isn't there. Communism, even if they're trying it on a global scale, flat out doesn't work. They're expecting their worker drones to keep working when there is no benefit for them, and that expectation is going to bite them squarely in the ass when their tech starts breaking down and no one can fix it. Sure, they're going to try and get us to rent everything. They're not going to have the people willing to do the jobs at the levels required to maintain any infrastructure at the competence needed to make sure it doesn't fall apart. That's why the soviet union failed, and it's why this "great reset" is going to fail.
When you make the same amount as everyone else there is no incentive to do anything but the bare minimum and that bare minimum doesn't allow modern civilization to keep working.
The elites are greedy and shortsighted. Their plans are going to fall apart just like it always does. The problem is we're now going to have to clean up a much larger mess than ever before this time.
Peonage and serfdom has been the norm far, far longer than a large middle class has been. Everything in my life time has been about shrinking the middle class, especially global warming. The elites have zero problem with their yachts and jets, but do have a problem with you being able to travel freely and them not having more of your shit. Hearing these pyschos with billions upon billions looking for their next target or fund to raid is absolutely insane, but they used the coronavirus to their benefit and only got much, much richer as wealth transferred from us to them at a ridiculous rate.
The incentive is hunger, torture, and death. This is the utopia they dream of for the little people.
The "incentive" is the same as what will happen to people no matter what. People that did what they were told in the soviet union were hungry and tortured just the same as the people that didn't comply.
That's the problem, for them. When the only tool you have is making people miserable it's going to make them so miserable that they finally don't care anymore. At that point it's your asses hanging from a tree, not the plebs.
I see what you're saying, but from what I can tell over the last year, Americans love misery. They enjoy forcing it onto others who aren't miserable. Mask zombies everywhere.
It’s not about incentives. Once everyone is a slave incentives don’t matter anymore. Slave economies can be extremely profitable for those that own the slaves. It’s just that it’s immoral and creates a hell on earth
And if you step out of line we'll not only cancel it... we'll ask to be repaid for it.
My wife and I liquidated our ROTHs. Sitting in cash and waiting for the 60-70% correction that is coming
I think that hyperinflation would cause the stock market to skyrocket. As the value of each dollar declines, the price of a stock relative to a dollar increases. I think that stocks, crypto, gold/silver, etc. are the best place to have your money right now, but I could be wrong.
Yeah; I have stocks hitting pre covid prices... which was over valued... but I'm holding (instead of cashing out at 'overvalued' prices) because they're going to [keep] going up with inflation.. ergo the money is safe in a way.
When people have no money to spend, company stock will go down in price. Crypto is going up because people know how worthless legacy money is about to become.
I like the idea of accruing debt and holding assets when inflation becomes an issue.
Quotahire is investing on the assumption that the inflation will cause a bubble which, when popped, will result in a massive contraction of m1, as it did in '08.
If history repeats, cash will be king.
Hyperinflation is a long shot, imo.
Hyperinflation likely is a long shot, but market flash crash probably not
I had been contemplating cashing out my Roth, but am still a bit hesitant.
Obligatory: I am not a financial advisor lol
Im a retard, so its fine anyway. Besides..ur advice cant be any worse than Jim fucking Cramer
Seems like exactly the opposite what you should do during high inflation. God speed though fren.
Yeah, you might want to rethink that . There will be a crash, but that’s a lot of money they created
Keks in crypto
Oh shit. I don't have any idea what that squiggly line actually means, but my gut says incoming tsunami of pain.
https://www.youtube.com/watch?v=BIVqWNocWXk
Appreciate this think. Do you know of any hubs where people are talking about what's happening to the economy? Seems insane.
I don't follow any chatrooms/forums. When it comes to investing my guys are George Gammon (from video I linked) and Peter Schiff. George is great because he is a realist and often talks about how middle-classers can best protect themselves and even profit in the inevitable upcoming crash.
Yeah u know 4 trillion is more of a mountain than a molehill, I wasn't happy when Trump did it, but at least I felt if anyone could guide us through it, he could...but now? Not so much. Gonna be a battle.
The dollar has devalued 98% since the fed was created in 1913. The whole point is to crash the dollar and start a new world currency so that they can start the scam all over.
Also, Ammo, booze and medicine. These are true money. Everything else is nonsense.
Invest in game stop stock!
We sold everything too, shortly after electoral collage. Actor James Woods did the same, sure a lot more than mine. Not going thru what happened during Obama years, this is worse the 3rd term of O.
I've invested in America my entire life. Looks like the shorts are driving the stock price down lately.
I am going the old route. Paid off my home and vehicles over the past 5 years under the Trump economy. Wife and I both have a pension that maybe there in a few years. Growing my food as I live in a climate with multiple growing seasons and hunt and fish. Hope for the best and expect the worst.