Author Topic: Bank of America: Hyperinflation Coming!  (Read 219 times)

0 Members and 1 Guest are viewing this topic.

Offline SeanJohnson

  • Hero Member
  • *****
  • Posts: 9258
  • Reputation: +6495/-2146
  • Gender: Male
Bank of America: Hyperinflation Coming!
« on: May 04, 2021, 10:40:29 AM »
  • Thanks!0
  • No Thanks!0
  • https://www.zerohedge.com/markets/bofa-transitory-hyper-inflation-ahead

    BofA: "Transitory Hyperinflation Ahead"

    BY TYLER DURDEN

    TUESDAY, MAY 04, 2021 - 08:15 AM

    Last week, when discussing the latest earnings call commentary, Bank of America said "Buckle up! Inflation is here", and showed a chart of the number of mentions of “inflation” during earnings calls which exploded, more than tripling YoY per company so far, the and the biggest jump in history since BofA started keeping records in 2004.

    Who knew that just one week later BofA would need a bigger chart... a much bigger chart.






    Sonder Going Public via SPAC as It Looks to Revolutionize Hospitality





     
    Sonder Going Public via SPAC as It Looks to Revolutionize Hospitality

    As BofA's Savita Subramanian writes, after the third week of earnings. mentions of “inflation” have now quadrupled YoY; and after last week, mentions have jumped nearly 800% YoY!

    While the implications are obvious, we leave it to Bank of America to explain what this means:
    [/color]
    Quote
    On an absolute basis, [inflation] mentions skyrocketed to near record highs from 2011, pointing to at the very least, “transitory” hyper-inflation ahead.
    [color]
    Yes... really:

    Because if there is one thing hyperinflation is, it's "transitory."[/color]
    Romans 5:20 "But where sin increased, grace abounded all the more."

    -I retract any and all statements I have made that are incongruent with the True Faith, and apologize for ever having made them-

    Offline Matto

    • Hero Member
    • *****
    • Posts: 6554
    • Reputation: +3637/-315
    • Gender: Male
    • Love God and Play, Do Good Work and Pray
      • Julian Moore
    Re: Bank of America: Hyperinflation Coming!
    « Reply #1 on: May 04, 2021, 11:29:45 AM »
  • Thanks!0
  • No Thanks!0
  • I don't think hyperinflation will happen. Because if it does, then the debts of the people would disappear and the creditors would lose money. Unless the government steps in to revalue all the debts to bail out the creditors and make the debtors basically slaves unable to ever pay off their debts.
    I Love Watching Butterflies . . ..


     

    Sitemap 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16