Not what I said. Inflation is a direct result of too much money chasing too few

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Nov 17, 2021
3:57:37pm

Gente_Boa All-American

Not what I said. Inflation is a direct result of too much money chasing too few

goods.

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Gente_Boa

Bio page: Gente_Boa
Joined: May 6, 2013
Last login: Jun 16, 2024
Total posts: 4,500 (20 FO)

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Messages

Author

Time

Inflation is not going to get better anytime soon

Gente_Boa

11/17/21 3:45pm

Perhaps some more sternly written letters will help matters...

VACOUGFAN

11/17/21 3:48pm

We can ask the Saudis to open up the spigots, or Iran since we are friends again

jrifkin48

11/17/21 3:59pm

The best way to protect yourself from inflation is to borrow a lot of money

kimdaddy35

11/17/21 3:49pm

Or invest in appreciating assets

whoneedscorners?

11/17/21 3:49pm

Do this with borrowed money!

Gente_Boa

11/17/21 3:50pm

About 1% of Americans understand this, which means there’s no political pressure

Memmo

11/17/21 3:49pm

The national debt is racist and should be cancelled.

Cougarclaw

11/17/21 3:49pm

Lol. Yes, it's racist. Food and gas prices too. Should be free! Lol

cougar95

11/17/21 5:13pm

The alternatives to it getting better aren't good

whoneedscorners?

11/17/21 3:49pm

For the dummies (not me of course) what steps could be taken for protection?

rcbyufan

11/17/21 3:49pm

Invest in commodities, or things that will increase in value such as stocks,

Jericho

11/17/21 3:53pm

I would start by doing a cash out refinance on your home. Take the 30 year term

Gente_Boa

11/17/21 3:55pm

So. What you’re saying is inflation is natural correction

Future_Tacos

11/17/21 3:55pm

Not what I said. Inflation is a direct result of too much money chasing too few

Gente_Boa

11/17/21 3:57pm

So what you’re saying is

Future_Tacos

11/17/21 4:06pm

*Jim Kearl has entered the chat*

StickyBumps

11/17/21 4:13pm

An increase in M1

Nat Gas Man

11/17/21 4:31pm

So what steps would one take to protect yourself from inflation?

mudpupper

11/17/21 4:07pm

simple terms don't hold a large amount of cash in the bank.

Gente_Boa

11/17/21 4:08pm

Going long on mortgages is a good idea (refi), Careful buying at these prices 😕

grosven

11/17/21 4:23pm

Biden is the worst. What a dummy. The only good thing about Biden is that he is

11/17/21 4:15pm

You might be surprised.

basman

11/17/21 4:21pm

They are going to choose the monetary/debt reset option and blame all us for being irresponsible. Not hyperinflate. Not

mokelembembe

11/17/21 4:21pm

Are you suggesting the US will default on debt and devalue currency?

Big Daddy D

11/17/21 4:36pm

Not Default. The G20/Davos crowd will all get together and agree to make debt go poof in exchange for some big shifts...

mokelembembe

11/17/21 4:51pm

There hasn’t been a jubilee in a long time. Used to be a thing

Nat Gas Man

11/17/21 4:55pm

How is that not defaulting?

PROBcoug

11/17/21 6:32pm

Interesting. I could envision that but imagine all the lawsuits from investors

Big Daddy D

11/17/21 7:32pm

Inflation everything is certainly the boogey man front and center right now

grosven

11/17/21 4:22pm

TLDR - I think Deflation is likely as early as next year.

grosven

11/17/21 4:27pm

You completely ignore fed and legislative policy.

Backcountry

11/17/21 4:30pm

What of the 6 points do you not agree with? I think QE is deflationary.

grosven

11/17/21 4:38pm

RE: What of the 6 points do you not agree with? I think QE is deflationary.

Gente_Boa

11/17/21 9:39pm

The Peter Schiff scenario

Backcountry

11/17/21 4:23pm

He is pretty much always bearish.

grosven

11/17/21 4:24pm

He is just early

Big Daddy D

11/17/21 7:33pm

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