Yes, a lot of money has been created, but is it actually chasing to few goods? Or is it sitting in the coffers of the ultra rich? And flowing overseas to end up in the DS war chest?
The economy is not overheating, consumer demand is not at historic highs, so where does that leave us?
I am not afraid at all. I am prepared. Telling the truth about what is about to happen is not negative thinking. The dollar has to hyperinflate in order to destroy the FED. That is a positive thing. Have you not read the Q posts?
We can debate about where the money is really going and whether or not it will cause runaway inflation. We won’t change each other’s minds. But something is coming.
What is coming is a reckoning and nothing can stop it. NCSWIC
Yeah, the last time I knew stores aren't weighing our good/silver and testing it to make sure its real. They wouldn't have a clue. Today I bought a water barrel ½ off. The normal price was $129 and the cashier asked me how much that would be.
If I tried to buy something with a gold inguot, they'd laugh their ass off. So yeah that may work once the economy comes back up but I say no, bartering is the way to go. Stock up or learn a skill. Think about it.
I don't know about you, but my personal consumer demand is through the roof. Because of high prices and obvious shortages in stores, I'm buying all I'm able to store, so if things go to crap for a while, I'll survive.
The ultra rich aren't sitting on coffers of worthless FRNs. They are spending a lot as well, but call it investing.
All paper currency has gone to zero because of hyperinflation. Previous US currencies did that, the German mark did that, Zimbabwe money did that, and Venezuela's money did that. In Venezuela, there is currency blowing around in the gutters because it's not worth picking up. Kids were selling large denomination Zimbabwe currency to tourists at $5 a handful.
So we will have hyperinflation at some point. The hard point is predicting the exact timing. That's why I'm spending a lot of mine on goods that won't lose value.
Here's a tip. Canning lids are almost nonexistent in stores right now. But you can order all you want from Lehman's online. Youtubers have reviewed the brand they sell and say they're good. I just bought a box of 360 for $84.99. That will hold me for a while. If I can just find more jars.
I started canning 40 years ago. I knew this was coming and collected lids when the lockdowns started. I have one plastic shoe box of each large and regular. I have hundreds of jars already. My kids are grown and are on their own so I really wanted to transition to large mouth pints rather than the quarts of both sizes that I already have. I can use ½ the contents and store the extra a couple of days if I need to. Im not buying any unless I get a deal. If you are near any Amish ask them. Last I checked they were selling lids for 2.99ba box of 12. A young cousin of mine that started canning a couple of years ago swears by the tattlers. So that may also be an option for some. The start up costs are higher but the Amish say they work for like 8 times.
Yes, a lot of money has been created, but is it actually chasing to few goods? Or is it sitting in the coffers of the ultra rich? And flowing overseas to end up in the DS war chest?
The economy is not overheating, consumer demand is not at historic highs, so where does that leave us?
I can not believe you are arguing about this. lol. Hyperinflation is coming. Make sure you have physical Gold and Silver.
For all that talk about "your mind being a magnet", and thoughts creating your own reality, you sure are buying into the fear porn right now.
Why aren't you practicing what you preach to everyone on this forum if you believe it works so well?
I am not afraid at all. I am prepared. Telling the truth about what is about to happen is not negative thinking. The dollar has to hyperinflate in order to destroy the FED. That is a positive thing. Have you not read the Q posts?
Ah I see, so in that case no matter how hard I think positively with my mind, it can't override a hard underlying reality.
The cultists always flip flop when it suits their needs. Especially when it gives them a chance to wave a finger at someone else.
I don't wish ill on you, but I hope the precipice shocks you out of their silly programming.
We can debate about where the money is really going and whether or not it will cause runaway inflation. We won’t change each other’s minds. But something is coming.
What is coming is a reckoning and nothing can stop it. NCSWIC
Absolutely.
Yeah, the last time I knew stores aren't weighing our good/silver and testing it to make sure its real. They wouldn't have a clue. Today I bought a water barrel ½ off. The normal price was $129 and the cashier asked me how much that would be. If I tried to buy something with a gold inguot, they'd laugh their ass off. So yeah that may work once the economy comes back up but I say no, bartering is the way to go. Stock up or learn a skill. Think about it.
Gold and Silver have been used as money for thousands of years. Think about it.
In agree. I just don't think they are practical nor do I think our retail system can support it. Ie: 16 yo employees at such places as McDonald's?
Funny you mentioned that, I was JUST looking at empty barrels a couple days ago & yep, that’s about the going price.
I don't know about you, but my personal consumer demand is through the roof. Because of high prices and obvious shortages in stores, I'm buying all I'm able to store, so if things go to crap for a while, I'll survive.
The ultra rich aren't sitting on coffers of worthless FRNs. They are spending a lot as well, but call it investing.
All paper currency has gone to zero because of hyperinflation. Previous US currencies did that, the German mark did that, Zimbabwe money did that, and Venezuela's money did that. In Venezuela, there is currency blowing around in the gutters because it's not worth picking up. Kids were selling large denomination Zimbabwe currency to tourists at $5 a handful.
So we will have hyperinflation at some point. The hard point is predicting the exact timing. That's why I'm spending a lot of mine on goods that won't lose value.
I’m right behind you. Started late but catchin-up 👍🏼
Here's a tip. Canning lids are almost nonexistent in stores right now. But you can order all you want from Lehman's online. Youtubers have reviewed the brand they sell and say they're good. I just bought a box of 360 for $84.99. That will hold me for a while. If I can just find more jars.
Just bought a dozen Ball quart jars yesterday?! Only thing short around here (TN) is quart size. You can get all the Pint & smaller you want.
I started canning 40 years ago. I knew this was coming and collected lids when the lockdowns started. I have one plastic shoe box of each large and regular. I have hundreds of jars already. My kids are grown and are on their own so I really wanted to transition to large mouth pints rather than the quarts of both sizes that I already have. I can use ½ the contents and store the extra a couple of days if I need to. Im not buying any unless I get a deal. If you are near any Amish ask them. Last I checked they were selling lids for 2.99ba box of 12. A young cousin of mine that started canning a couple of years ago swears by the tattlers. So that may also be an option for some. The start up costs are higher but the Amish say they work for like 8 times.