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Author Topic: Shortage of Everything EQUALS hyperinflation  (Read 10970 times)

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Offline Ladislaus

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Re: Shortage of Everything EQUALS hyperinflation
« Reply #10 on: May 10, 2021, 01:19:40 PM »
Quote from: Yeti on May 10, 2021, 01:09:11 PM
Of course there's inflation! You get inflation when you increase the money supply too fast. The government has printed vast oceans of money since March of 2020, at the same time that it prohibited most economic activity. This results in inflation. Even a child can understand this.

I don't believe that anymore.  Currency values are all fake, and all this digital money is fake.  They set where the money prices are.  I don't believe that normal economic laws are in play.  Hey, let's just print 20 trillion more.  Why not?  There's international collusion taking place.
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Offline Ladislaus

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Re: Shortage of Everything EQUALS hyperinflation
« Reply #11 on: May 10, 2021, 01:22:03 PM »
Quote from: Stubborn on May 10, 2021, 11:55:27 AM
These guys are offering $14k / week for truck drivers.

I'm in the wrong business.  I think the driver shortage is propaganda.  What, did they all die of COVID?  Unemployment at +$300 per week isn't enough to disincentivize these guys from working, like it definitely has been for the minimum wage folks.
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Offline Miser Peccator

Re: Shortage of Everything EQUALS hyperinflation
« Reply #12 on: May 10, 2021, 01:26:27 PM »
So I have $1000 in cash and I'm thinking it might be a good idea to convert it into something tangible.

I have about 4 months worth of food and supplies.

What would be a good thing to have with regards to bartering etc.?
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Offline Yeti

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Re: Shortage of Everything EQUALS hyperinflation
« Reply #13 on: May 10, 2021, 01:36:32 PM »
Quote from: Miser Peccator on May 10, 2021, 01:26:27 PM
So I have $1000 in cash and I'm thinking it might be a good idea to convert it into something tangible.

I have about 4 months worth of food and supplies.

What would be a good thing to have with regards to bartering etc.?
Ammunition: .223, 7.62x39, 9mm, .45ACP, .22LR, 12 gauge 00 buck, .308, etc.
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Offline Yeti

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Re: Shortage of Everything EQUALS hyperinflation
« Reply #14 on: May 10, 2021, 01:40:27 PM »
Quote from: Ladislaus on May 10, 2021, 01:19:40 PM
I don't believe that anymore.  Currency values are all fake, and all this digital money is fake.  They set where the money prices are.  I don't believe that normal economic laws are in play.  Hey, let's just print 20 trillion more.  Why not?  There's international collusion taking place.
I don't understand your position. You think those bailout payments were fake? I highly doubt that. I have no doubt they printed every last shiny, glimmering penny of that $6 trillion or whatever it was. It is only now starting to trickle down to the consumer level, where it is hitting the streets like a bad batch of crack.
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Also, whether money is in digital form or paper bills or metal coins doesn't affect how it is used as a medium of exchange, so I don't see how the laws of economics would not apply to digital currency.
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The laws of economics always work; just like the laws of physics or chemistry. They're inherent in the nature of things.
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