I say this a lot. I know people wont believe me. But one way to tackle inflation is to send money out of the country. Especially to places like Ukraine. But the trick is to keep the money from coming back to the states. Which we know this money is already being laundered right back into the uniparty. There is always going to be another sbf.
If we took half of the money supply and just lit it one fire it would be a far better solution. Another thing that combats inflation is having the population increase. When the money is spread out into more hands this helps reduce inflation too.
Here's a question for you since you seem to be knowledgable about inflation (I agree with all you on all points btw). Please see my example below and correct me if/where I'm wrong.
If the price for a dozen eggs was $1 back in say 2020 and they now cost $1.50, that basically represents a 50% inflation rate. Here's the question, while the goal of the Fed is to reduce inflation (+/- 2% target as they claim) then will the eggs ever go back to being $1 or is $1.50 the new floor?
Your answer seems to match mine. This is why I struggle to understand how real estate will crash as most experts are predicting. Will prices go down? Of course. But will they ever go back to pre-pandemic levels? Not likely in my book.
I agree. One that that has really fucked our economy is all this just in time bullshit supply chain. We need to get back to being prepared for the storm.
I say this a lot. I know people wont believe me. But one way to tackle inflation is to send money out of the country. Especially to places like Ukraine. But the trick is to keep the money from coming back to the states. Which we know this money is already being laundered right back into the uniparty. There is always going to be another sbf.
If we took half of the money supply and just lit it one fire it would be a far better solution. Another thing that combats inflation is having the population increase. When the money is spread out into more hands this helps reduce inflation too.
Its all one big game of Monopoly.
Here's a question for you since you seem to be knowledgable about inflation (I agree with all you on all points btw). Please see my example below and correct me if/where I'm wrong.
If the price for a dozen eggs was $1 back in say 2020 and they now cost $1.50, that basically represents a 50% inflation rate. Here's the question, while the goal of the Fed is to reduce inflation (+/- 2% target as they claim) then will the eggs ever go back to being $1 or is $1.50 the new floor?
Maybe when biden starts depleting our strategic egg reserve... Kek
Anything is possible in clown world. 😂
Your answer seems to match mine. This is why I struggle to understand how real estate will crash as most experts are predicting. Will prices go down? Of course. But will they ever go back to pre-pandemic levels? Not likely in my book.
I agree. One that that has really fucked our economy is all this just in time bullshit supply chain. We need to get back to being prepared for the storm.