What to do when inflation rages

Yes I know he is

Anybody who mentions Mensa is ghey and egotistical

You’re so smart you didn’t figure out IQ tests are bullshit. You’re so smart that you never thought somebody would point out you trying to slip in the d-bag covert brag without anybody challenging it

Fuckin goof

I've been saying it around here for months...

They're raising rates and spiking the dollar but it isn't stopping inflation.

That's why they're freaking out.

The dollar will rise, rates will rise, real estate will rise, stocks will rise, and worst yet Commodities and Energy will rise.

They believed all they had to do was raise rates to stop inflation but it's not going to work and when it doesn't work they will have no idea how to stop what they've unleashed.

This is the real crisis.

The OPs advice is very very solid.

There is NO inflation you moron

Prices arw due to shortages. Supply and demand

NOT inflation

Go back to school low IQ moron

"IQ tests are bullshit" is what they say when their score is abysmal.

The other AC insulted my IQ. Mensa requires 130 which is actually a pretty low bar.

I answered his challenge with a FACT.

BTW, my REAL IQ is probably not so high.

However, I WORKED in school. 4-6 hours of homework every night was the norm. I took every advanced class offered. You score higher on the SAT if you take Calculus in junior high. Even at the Academy, I took two years of math and never saw something that I had not learned in high school.

My sixth grade teacher decided I was going to win the spelling bee. She took me home and her kids drilled me for six hours per night. I won the county and almost won the state. I was 12 y/o.

I did it all to impress my mother. She was VERY hard to impress.

The day I graduated West Point was the proudest day of her life.

Am I proud of what I have accomplished? Hell, yes! I worked for it. What ya got, Skippy?

Prices arw due to shortages. Supply and demand

NOT inflation

Go back to school low IQ moron

There is NO inflation you moron

Prices arw due to shortages. Supply and demand

NOT inflation

Go back to school low IQ moron

I have a Masters in Econ and Finance. Like I always say, With that degree and five bucks I can get a latte'.

However, look back at other inflation eras and consider how to survive the devaluation of our currency.

1. Buy property that pays something whether that be rent, farm crops, timber resources, or whatever. I was working the medical field in the latter 1970s. There were doctors buying Iowa farmland sight-unseen and watching it double in a year.

RE is a haven for the middle class or small investor who simply wants to protect his hard earned savings. Don't lose your principal even if you don't make great returns for a while. And usually, you can purchase it with a small down payment or even owner financing.

I sold my ancient motorhome to my next door neighbor a few months ago. This afternoon I was chatting over the fence with his new renter.

My neighbor is renting out the motorhome while it is parked in his driveway for $650/month, and the renter was thrilled to find a place so cheap. All he did was run water, an extension cord, and a flex pipe to the sewer connection.

2. Buy what you will need in the next couple of years. Beans, bullets, and bandaids. Don't you wish you had purchased primers for reloading ammo over two years ago? You could make a tidy profit right now. People are paying high prices and not even complaining.

3. Buy productive equipment. I own a small manufacturing company and a small farm. Last week I purchased $100K in brand new equipment at zero percent interest and zero down.

Hell, it will be worth more as USED equipment next year than I paid for it. Not to mention, I intend to use it and make money with that equipment.

4. Precious metals, hell YEAH! As I was watching silver, I told everyone, "Back up the truck; it is time to buy more silver".

5. Get a side hustle and build new skills. I made a huge mistake when I retired and bought an existing manufacturing company. I should have started small time in my garage and learned the business before I spent all of my savings.

The first company I bought was a total disaster. Sometimes I only learn the hard way.

I am old enough to remember the 1970s, however, what we are headed for is more like 1920s Germany or Argentina. Most countries in the world have defaulted or devalued drastically at some point.

Read the book, This Time It's Different. A couple of Harvard economists writing about devaluations and defaults going back to Rome.

I hope you all survive what is coming.

"IQ tests are bullshit" is what they say when their score is abysmal.

The other AC insulted my IQ. Mensa requires 130 which is actually a pretty low bar.

I answered his challenge with a FACT.

BTW, my REAL IQ is probably not so high.

However, I WORKED in school. 4-6 hours of homework every night was the norm. I took every advanced class offered. You score higher on the SAT if you take Calculus in junior high. Even at the Academy, I took two years of math and never saw something that I had not learned in high school.

My sixth grade teacher decided I was going to win the spelling bee. She took me home and her kids drilled me for six hours per night. I won the county and almost won the state. I was 12 y/o.

I did it all to impress my mother. She was VERY hard to impress.

The day I graduated West Point was the proudest day of her life.

Am I proud of what I have accomplished? Hell, yes! I worked for it. What ya got, Skippy?

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we would be dealing with inflation if your paycheck would be bigger each month, is it bigger?




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we would be dealing with inflation if your paycheck would be bigger each month, is it bigger?




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Fool. The scamdemic increased the US money supply by 40%. Your paycheck is irrelevant when that kind of money is in circulation chasing limited goods due to a carefully orchestrated supply chain failure.

The last time we had significant wage growth was during the Trump years, but we can't have a mean tweeter running things now, can we?

Prices arw due to shortages. Supply and demand

NOT inflation

Go back to school low IQ moron

I can fight Motherfucker

I’ll give you my address

Nambla card or it didn’t happen

Pay yer f'n dues and come back as a blue name.

I double dog dare ya.

AC = moran? Is that always true?