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Why is no one talking about inflation?

 
Russian Hacker

User ID: 79987073
United States
02/22/2021 09:57 AM

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Why is no one talking about inflation?
Well GLP, in my opinion we are heading over a cliff. I don't know when but inflation is going through the roof. Its unsustainable inflation and yet not a word about it.

20% of all money ever printed was printed in 2020 and the printing presses continue to run at unprecedented rates.

People are buying houses at alarming rates, overpaying for them, no inspections, etc. What the actual fuck is going on here???

Supply chain issues affecting pretty much every business in any type of manufacturing. Im sure you can even see this at your local supermarket. Some shit just never came back or they are out of certain things all the time they never used to be out of.

Freight rates are at all time highs. Lack of shipping containers. (where did they go?)

Food pricing is all time highs.
Gas prices up $1 plus since Joe Biden took office.
A 2x4 used to cost 2 bucks, now they are 6-7 bucks.

No stores have refrigerators, stoves, washing machines, etc in stock. Where are they?

CME Indexes having steel going through the roof at rates no one has ever seen. Steel pricing surging like this will raise prices of everything everywhere because everything requires steel somewhere along the line.
[link to www.cmegroup.com (secure)]

This is a world wide issue, the entire globe is headed down the shitter. I don't know when, we might have a couple months but certainly this global bubble will pop this year. The whole world is about to become Venezuela.

Last Edited by Fairly Fucked on 02/22/2021 12:26 PM
Anonymous Coward
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02/22/2021 10:00 AM
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Re: Why is no one talking about inflation?
Well GLP, in my opinion we are heading over a cliff. I don't know when but inflation is going through the roof. Its unsustainable inflation and yet not a word about it.

20% of all money ever printed was printed in 2020 and the printing presses continue to run at unprecedented rates.

People are buying houses at alarming rates, overpaying for them, no inspections, etc. What the actual fuck is going on here???

Supply chain issues affecting pretty much every business in any type of manufacturing. Im sure you can even see this at your local supermarket. Some shit just never came back or they are out of certain things all the time they never used to be out of.

Freight rates are at all time highs. Lack of shipping containers. (where did they go?)

Food pricing is all time highs.
Gas prices up $1 plus since Joe Biden took office.
A 2x4 used to cost 2 bucks, now they are 6-7 bucks.

No stores have refrigerators, stoves, washing machines, etc in stock. Where are they?

CME Indexes having steel going through the roof at rates no one has ever seen. Steel pricing surging like this will raise prices of everything everywhere because everything requires steel somewhere along the line.
[link to www.cmegroup.com (secure)]

This is a world wide issue, the entire globe is headed down the shitter. I don't know when, we might have a couple months but certainly this global bubble will pop this year. The whole world is about to become Venezuela.
 Quoting: Russian Hacker


bump
Anonymous Coward
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02/22/2021 10:00 AM
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Re: Why is no one talking about inflation?
Every one I know is talking about it.
Anonymous Coward
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United States
02/22/2021 10:09 AM
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Re: Why is no one talking about inflation?
Brrrr.......

Houses are hard assets and if money’s purchasing power drops from ramped inflation the houses should rise as they still have a tangible value.

People want out of cash as it’s making about .01% interest now if it’s just sitting there in a cd or savings. So they look to hard assets for the part they want less risk on.
Anonymous Coward
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United States
02/22/2021 10:10 AM
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Re: Why is no one talking about inflation?
I want to talk about, but every time i click on this thread an annoying avatar flashes at me.
Anonymous Coward
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Netherlands
02/22/2021 10:12 AM
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Re: Why is no one talking about inflation?
Foods almost never inflated.
Anonymous Coward
User ID: 78284459
Canada
02/22/2021 10:17 AM
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Re: Why is no one talking about inflation?
Semiconductor shortages are fucking up everything.
Anonymous Coward
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United States
02/22/2021 10:21 AM
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Re: Why is no one talking about inflation?
What good does talking do?

Isn't that something you can and should do alone by yourself anyhow?

Your life if your own personal affair and nobody else needs to hear or wants to hear about that. That's just being snoopy and nose if anyone did.

Respect your own privacy and shut up.





tounge
Anonymous Coward
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United States
02/22/2021 10:22 AM
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Re: Why is no one talking about inflation?
Foods almost never inflated.
 Quoting: Anonymous Coward 79924355


Because food is always cheap and easy to produce....somewhere. The costs are in storage, refrigeration and transport.
Anonymous Coward
User ID: 80026104
Canada
02/22/2021 10:29 AM
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Re: Why is no one talking about inflation?
Brrrr.......

Houses are hard assets and if money’s purchasing power drops from ramped inflation the houses should rise as they still have a tangible value.

People want out of cash as it’s making about .01% interest now if it’s just sitting there in a cd or savings. So they look to hard assets for the part they want less risk on.
 Quoting: Anonymous Coward 80072930


good one...house prices will ride
Anonymous Coward
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Netherlands
02/22/2021 10:30 AM
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Re: Why is no one talking about inflation?
Foods almost never inflated.
 Quoting: Anonymous Coward 79924355


Because food is always cheap and easy to produce....somewhere. The costs are in storage, refrigeration and transport.
 Quoting: Anonymous Coward 80076762


I aint trying escavation during winter times.
Anonymous Coward
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United States
02/22/2021 10:39 AM
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Re: Why is no one talking about inflation?
Food isn't that expensive to produce. The costs are involved in harvesting, transporting, storing, distributing, and retailing everything. But .. you can eliminate all that without rendering yourself unemployed. So ..

That's why it's time to prepare and bugout. Go self-sustaining, in so much as you can.

Move to a rural location where you can grow plenty of food, raise some chickens, maybe even a couple cows and pigs one day. A place with hardwood for fires, rivers for fish, forests for hunting. You'll want a well, septic system, solar and battery storage. You'll want a huge propane tank and alternative fuels sources for heating and cooking, like wood, coal, kerosene, etc.

And then you'll want to work remotely from your remote home or start a new career. Toy might a well give up that big city job now and prepare while you still can. Later, it will be too late to do anything once the money is all broken and can't be fixed.
Anonymous Coward
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United States
02/22/2021 10:46 AM
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Re: Why is no one talking about inflation?
Food isn't that expensive to produce. The costs are involved in harvesting, transporting, storing, distributing, and retailing everything. But .. you can eliminate all that without rendering yourself unemployed. So ..

That's why it's time to prepare and bugout. Go self-sustaining, in so much as you can.

Move to a rural location where you can grow plenty of food, raise some chickens, maybe even a couple cows and pigs one day. A place with hardwood for fires, rivers for fish, forests for hunting. You'll want a well, septic system, solar and battery storage. You'll want a huge propane tank and alternative fuels sources for heating and cooking, like wood, coal, kerosene, etc.

And then you'll want to work remotely from your remote home or start a new career. Toy might a well give up that big city job now and prepare while you still can. Later, it will be too late to do anything once the money is all broken and can't be fixed.
 Quoting: Anonymous Coward 79420071


But Hollywood told me that farming was only for rednecks and losers.
NSA

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United States
02/22/2021 10:50 AM
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Re: Why is no one talking about inflation?
Velocity of money has collapsed so inflation is hidden ... for now. The moment the economy starts to “recover” is when we all end up starving to death.
Anonymous Coward
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United States
02/22/2021 10:51 AM
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Re: Why is no one talking about inflation?
Am I the only one in the country with a bet down on Deflation?
Anonymous Coward
User ID: 80077261
Hungary
02/22/2021 10:57 AM
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Re: Why is no one talking about inflation?
Well GLP, in my opinion we are heading over a cliff. I don't know when but inflation is going through the roof. Its unsustainable inflation and yet not a word about it.

20% of all money ever printed was printed in 2020 and the printing presses continue to run at unprecedented rates.

People are buying houses at alarming rates, overpaying for them, no inspections, etc. What the actual fuck is going on here???

Supply chain issues affecting pretty much every business in any type of manufacturing. Im sure you can even see this at your local supermarket. Some shit just never came back or they are out of certain things all the time they never used to be out of.

Freight rates are at all time highs. Lack of shipping containers. (where did they go?)

Food pricing is all time highs.
Gas prices up $1 plus since Joe Biden took office.
A 2x4 used to cost 2 bucks, now they are 6-7 bucks.

No stores have refrigerators, stoves, washing machines, etc in stock. Where are they?

CME Indexes having steel going through the roof at rates no one has ever seen. Steel pricing surging like this will raise prices of everything everywhere because everything requires steel somewhere along the line.
[link to www.cmegroup.com (secure)]

This is a world wide issue, the entire globe is headed down the shitter. I don't know when, we might have a couple months but certainly this global bubble will pop this year. The whole world is about to become Venezuela.
 Quoting: Russian Hacker


Yep.

You are absolutely correct OP.

Last year, I was posting on here that people in the west will be going hungry this year.

At my local supermarket, on Saturday, single paprika were priced at 799 forint).

People may know little about Hungary, but usually they are aware that it is world-famous for growing paprika.

My salary is a bit above the national average.

Now here's the kicker... my monthly take-home pay would allow me to purchase about 270 paprika at 799 forint per each. And Hungary is a major producer of paprika.

And it's only February! Much worse to come, later in the year.
gs
User ID: 77417102
United States
02/22/2021 10:57 AM
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Re: Why is no one talking about inflation?
6 states so far have compiled a "Bad Landlord Listing" of landlords who have raised rent during covid.

It's like an FBI sting or something. They waiting just long enough to nab them all or something, not sure. But the government is well aware of all landlords in the nation who have raised rent during covid. Trump required a registry be made of them and Biden is dialing it up to 11.
Anonymous Coward
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United States
02/22/2021 10:59 AM
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Re: Why is no one talking about inflation?
Ive seen countless discussions in the past weeks. If you are over 50, you've survived inflation, and you know how to fight it.
Anonymous Coward
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United States
02/22/2021 11:02 AM
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Re: Why is no one talking about inflation?
Because we got $15/hr coming. It's gonna save the US! (Sarcasm).
Anonymous Coward
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02/22/2021 11:05 AM
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Re: Why is no one talking about inflation?
Well GLP, in my opinion we are heading over a cliff. I don't know when but inflation is going through the roof. Its unsustainable inflation and yet not a word about it.

20% of all money ever printed was printed in 2020 and the printing presses continue to run at unprecedented rates.

People are buying houses at alarming rates, overpaying for them, no inspections, etc. What the actual fuck is going on here???

Supply chain issues affecting pretty much every business in any type of manufacturing. Im sure you can even see this at your local supermarket. Some shit just never came back or they are out of certain things all the time they never used to be out of.

Freight rates are at all time highs. Lack of shipping containers. (where did they go?)

Food pricing is all time highs.
Gas prices up $1 plus since Joe Biden took office.
A 2x4 used to cost 2 bucks, now they are 6-7 bucks.

No stores have refrigerators, stoves, washing machines, etc in stock. Where are they?

CME Indexes having steel going through the roof at rates no one has ever seen. Steel pricing surging like this will raise prices of everything everywhere because everything requires steel somewhere along the line.
[link to www.cmegroup.com (secure)]

This is a world wide issue, the entire globe is headed down the shitter. I don't know when, we might have a couple months but certainly this global bubble will pop this year. The whole world is about to become Venezuela.
 Quoting: Russian Hacker


Too bad you are not in tune as to what is going on.
Anonymous Coward
User ID: 32976951
United States
02/22/2021 11:11 AM
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Re: Why is no one talking about inflation?
doesn't it ultimately become stagflation?

anonstoner
Anonymous Coward
User ID: 80039573
Germany
02/22/2021 11:12 AM
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Re: Why is no one talking about inflation?
$12 dollars for a stinkin burger with fries and a drink.

If that is not inflation I don't know what is.
Anonymous Coward
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United States
02/22/2021 11:18 AM
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Re: Why is no one talking about inflation?
Same reasons no one is talking about the fraudulent election.
Anonymous Coward
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United States
02/22/2021 11:18 AM
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Re: Why is no one talking about inflation?
The government NEEDs inflation to stay solvent so this time we are getting inflation instead of deflation or stagflation. Long term government bond holders like China are kinda screwed as a bond that costs $5000 today abc worth $10,000 in 7 years doesn’t account for the part where $10,000 is 7 years can only buy what $1000 can today.
Anonymous Coward
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02/22/2021 11:21 AM
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Re: Why is no one talking about inflation?
20%? I've been hearing over 60% from Timcast. My understanding is that most of it hasn't even entered the flow, so the other shoe has yet to drop.
Anonymous Coward
User ID: 79840741
United States
02/22/2021 11:23 AM
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Re: Why is no one talking about inflation?
ABBSOLUTELY CORRECT!!

Collision course with complete social anarchy is coming

soon I believe.

They are wanting and pushing US, the general public into

chaos intentionally to create the control they want over

EVERYTHING and, bring down the population numbers with

hopes it will eliminate all that oppose the NWO.

It's all part of the GREAT RESET!!

hesrightworkdone1militia
The Sheeple's Sheeple

User ID: 79738491
United States
02/22/2021 11:31 AM

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Re: Why is no one talking about inflation?
$12 dollars for a stinkin burger with fries and a drink.

If that is not inflation I don't know what is.
 Quoting: Anonymous Coward 80039573


Quantitative Easing (trillions) was in effect for all of Obama's reign. That, coupled with the massive deficit spending of all presidencies will finally result in runaway inflation once they have what they will ultimately call the trigger to point their finger at as the culprit. You can't put that much funny money into a system without some major adjustments.
Buy silver.
seal
seal
seal










sheep
Anonymous Coward
User ID: 16238020
United States
02/22/2021 11:37 AM
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Re: Why is no one talking about inflation?
Well GLP, in my opinion we are heading over a cliff. I don't know when but inflation is going through the roof. Its unsustainable inflation and yet not a word about it.

20% of all money ever printed was printed in 2020 and the printing presses continue to run at unprecedented rates.

People are buying houses at alarming rates, overpaying for them, no inspections, etc. What the actual fuck is going on here???

Supply chain issues affecting pretty much every business in any type of manufacturing. Im sure you can even see this at your local supermarket. Some shit just never came back or they are out of certain things all the time they never used to be out of.

Freight rates are at all time highs. Lack of shipping containers. (where did they go?)

Food pricing is all time highs.
Gas prices up $1 plus since Joe Biden took office.
A 2x4 used to cost 2 bucks, now they are 6-7 bucks.

No stores have refrigerators, stoves, washing machines, etc in stock. Where are they?

CME Indexes having steel going through the roof at rates no one has ever seen. Steel pricing surging like this will raise prices of everything everywhere because everything requires steel somewhere along the line.
[link to www.cmegroup.com (secure)]

This is a world wide issue, the entire globe is headed down the shitter. I don't know when, we might have a couple months but certainly this global bubble will pop this year. The whole world is about to become Venezuela.
 Quoting: Russian Hacker


You wont hear about it from anyone with money because they've got something to lose. Anyone with authority, anyone with money, would cause a crash if a bank run was to occur. There's 1000:1 in digital balance sheets for every usd held.
If a run occured the rich lose the most, per person, but the poor lose the most because they're dependant on that dollar at least to be able to earn it.
The rich are holding out to some transfer that should reward them as opposed to a run that'll put them on par with many more people but unlikely falling to commoner.
Anonymous Coward
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United States
02/22/2021 11:40 AM
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Re: Why is no one talking about inflation?
They will be.
Just wait for Biden's $10 gallon of gas.
Anonymous Coward
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France
02/22/2021 11:40 AM
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Re: Why is no one talking about inflation?
Where to begin with the original post?

There is no money as my money is backed by a natural resource of some kind and is typically currency-based.

Money is never printed. Currency is printed but today is less than 1% of all financial transactions.
Anonymous Coward
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United States
02/22/2021 11:44 AM
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Re: Why is no one talking about inflation?
$12 dollars for a stinkin burger with fries and a drink.

If that is not inflation I don't know what is.
 Quoting: Anonymous Coward 80039573


You should compare the cost of canned dog food now compared to two years ago, up an average of 15 percent. Even Fido is more expensive to have.





GLP