The vast majority of ordinary people don't own stonks. Even if the GME short squeeze actually does happen, it's going to bankrupt some hedge funds and make a small percent of people rich (depending on how much they put in). It's worth remembering that BlackRock own a huge amount of GME shares, so something fishy is going on here.
The dollar is being devalued because they Ged is printing so many of them. We are adding trillions and trillions to debt. It used to be a big deal when we added billions. A trillion is a thousand billion and no one seems to notice or care what this is doing to the value of the dollar. Politicians in both parties rubber stamp bills without thought. When you print more, the dollar is worth less and less.
Wood is up 500%. Steel is up 400%. Gas is up.
Interest rates are so low they can't realistically go lower.
I suspect Blackrock is buying up homes because they know our economy is about to completely implode. Worse than 2008. They did the same thing back then, only waited for the crash first. They are buying first this time.
When SHTF people still need roofs over their head and will rent instead of own. Blackrock knows the rental market is about to boom because people are going to lose their homes, their investments, and their savings.
Lock in long term mortgages now and prepare to hunker down.
You are correct. If dollar tanks paying back will be super easy - so long as you have bought or own something of value in that new economy. Gold and silver (silver especially which has been manipulated by JPM for ever) will be 20 times as much as currently valued.
No one realizes their money is becoming worthless. I don't think anyone will realize it until the banks collapse (for whatever reason, doesn't have to be for the same reason)
Not sure what video I watched which told me this. But the basic concept is banks will go under and people will be relieved of their debt as long as they give the rights to the property away. They will be allowed to stay in their house. (Agenda 2030 says, you will own nothing and like it, most people would love to stay in their house and be relieved of their mortgage).
Yes if the banks went under and no one step in that would fix it but they won't let that happen. Can't let a crisis go to waist.
What would the world use as reserves if the dollar sank?
I am a retard and may need more explanation.
Are you saying the dollar will be devalued because the banks fail and are not bailed out?
Wouldn't that lead to deflation not inflation?
If there were hyperinflation, wouldn't repaying the relatively less valuable debt become easier?
What would the world use as reserves if the dollar sank?
I am not trolling, just trying to comprehend the warning you are giving.
How?
Stonks.
White hats are in control right?
NCSWIC
The vast majority of ordinary people don't own stonks. Even if the GME short squeeze actually does happen, it's going to bankrupt some hedge funds and make a small percent of people rich (depending on how much they put in). It's worth remembering that BlackRock own a huge amount of GME shares, so something fishy is going on here.
Don't forget the gorillians of tax dollars governments will collect from us when GME moons
Reminder: Put away 50% for the tax man
Yes. Just remember cant access the profits until a certain age.
Putting some extra in a Roth as a backup would make sense.
The dollar is being devalued because they Ged is printing so many of them. We are adding trillions and trillions to debt. It used to be a big deal when we added billions. A trillion is a thousand billion and no one seems to notice or care what this is doing to the value of the dollar. Politicians in both parties rubber stamp bills without thought. When you print more, the dollar is worth less and less.
Wood is up 500%. Steel is up 400%. Gas is up.
Interest rates are so low they can't realistically go lower.
I suspect Blackrock is buying up homes because they know our economy is about to completely implode. Worse than 2008. They did the same thing back then, only waited for the crash first. They are buying first this time.
When SHTF people still need roofs over their head and will rent instead of own. Blackrock knows the rental market is about to boom because people are going to lose their homes, their investments, and their savings.
Lock in long term mortgages now and prepare to hunker down.
All good questions. Burminator is describing the outcome IF they succeed. It does appear to be trending that way.
I imagine that it would be like Germany when wheelbarrows of cash were worthless -- or turning the dollar into pesos. Or Venezuela today.
You see your wage wouldn't go up, but the cost of everything you buy would go up because your dollar has less value.
And yea, in the moment having your debt wiped on your mortgage is great -- until they pass policies that convert you into a renter.
Remember their slogan, "you'll own nothing and be happy"
You are correct. If dollar tanks paying back will be super easy - so long as you have bought or own something of value in that new economy. Gold and silver (silver especially which has been manipulated by JPM for ever) will be 20 times as much as currently valued.
Where do you suggest I purchase silver? My local shop is charging about $39 for silver eagles.
Probably worth it since we expect it to top 100 bucks.
They printed more money last year than ever before. Devaluing the dollar faster than ever.
https://fred.stlouisfed.org/series/WM2NS
No one realizes their money is becoming worthless. I don't think anyone will realize it until the banks collapse (for whatever reason, doesn't have to be for the same reason)
Not sure what video I watched which told me this. But the basic concept is banks will go under and people will be relieved of their debt as long as they give the rights to the property away. They will be allowed to stay in their house. (Agenda 2030 says, you will own nothing and like it, most people would love to stay in their house and be relieved of their mortgage).
Yes if the banks went under and no one step in that would fix it but they won't let that happen. Can't let a crisis go to waist.
Looks like we need a new world currency...