Modern Monetary Theory is a bastardized version of Keynesian economics adopted by almost all nations with a central bank. Basically, it says that you don't have to worry about things like budgets if you can just print more of your own currency.
That graph shows just how insane our government and bankers have become in the past decade+, where more than half of all the money in circulation was been created out of thin air in just the past year or two.
It works great until it doesn't. Those at the top of the capital structure amass huge wealth gains, while the rest of us see all of our savings dissipate due to lower purchasing power.
If you have more money chasing after the same amount of goods, the cost of those goods is always going to go up. We're seeing the beginnings of impactful inflation already at the gas pump, grocery store, apparently the plywood store, and especially in asset prices like stocks and real estate.
This is nothing compared to the hyperinflation that is coming.
Make like Richard Cantillon and short the fiat. Mortgage a big house, get a car loan, and run up the credit card buying metals. In 2, maybe 3 of those cases, inflation rate exceeds interest rate and the credit is free money.
its exactly that and the fact that it is DISCONTINUED should tell you something very serious
I've posted that link several times here.
You're the first to notice that VERY important little detail.
Wish I had time to elaborate, but feel free to take the ball and run with it.
when you have time please elaborate. not familiar with this and don't wanna run in the wrong direction with it
Modern Monetary Theory is a bastardized version of Keynesian economics adopted by almost all nations with a central bank. Basically, it says that you don't have to worry about things like budgets if you can just print more of your own currency.
That graph shows just how insane our government and bankers have become in the past decade+, where more than half of all the money in circulation was been created out of thin air in just the past year or two.
It works great until it doesn't. Those at the top of the capital structure amass huge wealth gains, while the rest of us see all of our savings dissipate due to lower purchasing power.
If you have more money chasing after the same amount of goods, the cost of those goods is always going to go up. We're seeing the beginnings of impactful inflation already at the gas pump, grocery store, apparently the plywood store, and especially in asset prices like stocks and real estate.
This is nothing compared to the hyperinflation that is coming.
Roger that. thank you for the breakdown
saved comment
How can we make money from the impending crash?
Bet against the dollar? Use USD/JPY for dollar going down?
Short all stocks?
Buy Bitcoin, gold or oil?
Invest in China?
If it's gonna happen I'd like to make some profit as the world burns.
I'd like to know more as well WarHamster.
See below.
I posted a detailed response nearby.
Thanks for the link.
Weimar/Zimbabwe incoming
But on a global scale.
Fire sale on gold and silver. Silver especially.
Is silver more effective against the soon-to-arrive zombies?
Can you explain this to a simpleton like me?
They’re printing so much money they discontinued measuring how much money there is.
So money is going to be literally useless soon...
I guess it depends on what you consider "soon".
Certainly.
Make like Richard Cantillon and short the fiat. Mortgage a big house, get a car loan, and run up the credit card buying metals. In 2, maybe 3 of those cases, inflation rate exceeds interest rate and the credit is free money.
I mean it literally has the link to the continued one right there at the top of the page. https://fred.stlouisfed.org/series/M1SL