Maybe, but that doesn't help with the inflating USD and possibly soon to be hyperinflating. Rumor has it the end of USD altogether is in the works. Possibly as soon as the 26th of May...
Hope you stocked up on fuelOk, I think this train has rounded the final curve toward Crazy Town. Time for me to jump off. Good luck, guys.
Just hang in tight, your PED are fairly safe in game.
Any central bank has the ability to manipulate any bubble. Hell, Elon is doing a good job at it right now.I don't think even the government has the power to manipulate it.
They do have the power to manipulate USD however, and print the quantitative easing as they see fit.
Where do you think all the money has been going over the last 16 years of hyper printing? That money was sitting in reserves overseas because if it didn't, it would cause hyperinflation. However, in 2015 and 2016 China said f it and used the money and lent the money to build.infrastructure in other countries or buy up assets. That money plus all the extra money printed in the last 18 months made it into circulation.
My gas station had no high-test gasoline today - deisel was still somewhat reasonable priced. Funny there's a refinery right next to the town I live. The Ft mac area where all the oil sands are is all of a sudden realizing their camps are incubation zones. They might have to shut it down because of the "utopia" level overcrowding there. On the good news tho the average IQ of north america is risingThe conspiracy theories are real...
You could replace the word Bitcoin with USD. And that's exactly what this post is about. If USD hyperinflates AND PED is tied to it ....A player based token / currency would only last whilst others valued it, and is a type of pyramid scheme, the last one left with it all has nobody else to trade it with. This is quickly happening to Bitcoin.
it's MA I want to know about.
What do you think happened in the last year?You could replace the word Bitcoin with USD. And that's exactly what this post is about. If USD hyperinflates AND PED is tied to it ....
TBH IDC if people don't get hyperinflation; it's MA I want to know about.
You really need to say it out loud: The token to represent a real thing became the actual thing.a short story about the money we use:
Well stated, the prophet, indeed.a short story about the money we use:
sounds like your just looking for conspiracy's - its says its arbitrary "but most generally reserve that to be periods of... 50%" as hyper-inflation "ar-bit-ra-ry ... mhmmm.
sounds EXACTLY like e-vol-ve.
you guys still dont get it - the people will never be in control of the money supply - maybe the ultra rich - but then they already are.
and tell me where inflation in the US is 50% per month - cause while steak is $20 LB now its not 50% per month increase which is 600% a year
Hyperinflation is very high inflation. Although the threshold is arbitrary, economists generally reserve the term “hyperinflation” to describe episodes when the monthly inflation rate is greater than 50 percent.
Hyperinflation - Econlibhttps://www.econlib.org › library › Enc › Hyperinflation
yes i know real inflation is not the headline 2-3% bullshit.You are playing semantic games. Inflation has always been in the double digits for several years (the true inflation, not the manipulated reported version). Inflation currently in the US is conservatively 14% AVERAGE across ALL sectors. It will at least double next year as most grain products will be raised 20-30%. As everything uses grain in some form, this has a cascading effect. Is it 50% every month, no? It doesn't need that to crash the world economies. It just needs heavy handed government interference (CHECK), accelerated inflation vs. high unemployment (CHECK, but because of GOVT interference), or accelerated inflation vs. people saddled with debt (CHECK).
The world economies WILL crash. It is intended and will be folded into CBDCs. All the markets have to be reset for that. Two countries have already launched theirs - with most intending to launch as early as 2023 and as late as 2025. Enough with the semantics. Watch the other hand.
"If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained you will also suffer a defeat. If you know neither the enemy nor yourself, you will succumb in every battle." - Sun Tzu