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Author Topic: 25 percent of dollars in existence LESS THAN ONE YEAR OLD!  (Read 2068 times)

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Offline Matthew

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Over 25% of USD currency in existence has only existed for 1 year or less!

Inflation, here we come!

Prepare, boys and girls. Buy whatever you want, but DO NOT HOLD CASH.

Just picture a large % of your cash disappearing every year -- and then act accordingly.

Re: 25 percent of dollars in existence LESS THAN ONE YEAR OLD!
« Reply #1 on: May 22, 2021, 11:35:46 AM »
Perhaps me being really crummy with my savings will be beneficial after all


Offline Matthew

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Re: 25 percent of dollars in existence LESS THAN ONE YEAR OLD!
« Reply #2 on: May 22, 2021, 12:51:37 PM »
Perhaps me being really crummy with my savings will be beneficial after all
Imagine all the idiots who cut off their own family size -- their own progeny -- to sock away money in the bank. Imagine the ѕυιcιdє they'll commit when that $800,000 nest egg in the bank becomes worth about $800. They will literally jump out of tall buildings.

Offline Ladislaus

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Re: 25 percent of dollars in existence LESS THAN ONE YEAR OLD!
« Reply #3 on: May 22, 2021, 01:48:52 PM »
So what is the significance of this stat?  Cash has become a smaller thing from year to year. Weren’t they printing new money to prevent the spread of CÖVÌD on earlier and presumably more dirty bills?

I believe that an engineered inflation is on the way ... just not sure how this stat fits in.

Re: 25 percent of dollars in existence LESS THAN ONE YEAR OLD!
« Reply #4 on: May 22, 2021, 01:56:57 PM »
Imagine all the idiots who cut off their own family size -- their own progeny -- to sock away money in the bank. Imagine the ѕυιcιdє they'll commit when that $800,000 nest egg in the bank becomes worth about $800. They will literally jump out of tall buildings.
I don't think hyperinflation is coming. Most people don't have savings. They have massive debts. If they have anything, they own a home with a mortgage on it. If hyperinflation came all the debts would be wiped out, and most people would be happy other than the båñkêrs who the debts are owed to. Because it will erase debts and hurt the banks who the debts are owed to, I do not think hyperinflation will be allowed to happen.