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.
I see what you mean. Once (if) it's all over surely your gazillion dollars will be worth a gazillion again?
I'm in the UK, so we're next after you to collapse, but in the meantime I'd like to know how I can selfishly exploit the situation for my own personal gain?
If we know it's coming and liberals don't surely there's a way for us to profit off their incompetence and lack of foresight?
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
My pleasure. If you want to do a deep dive, this video is a pretty good place to start.
https://www.youtube.com/watch?v=8Kt2De98Bck
It's long, but I think you'll get hooked rather quickly and the information is important and accurate.
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Dang, if I'd known that I'd have spent a bit more time and added some more detail.
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.
Define profit?
What good does it do to make a gazillion dollars if the dollars are worthless?
Hard assets hold their value, though.
We might even remember that America's wealth is in its human capital.
I see what you mean. Once (if) it's all over surely your gazillion dollars will be worth a gazillion again?
I'm in the UK, so we're next after you to collapse, but in the meantime I'd like to know how I can selfishly exploit the situation for my own personal gain?
If we know it's coming and liberals don't surely there's a way for us to profit off their incompetence and lack of foresight?