Bitcoin has given an average of 200% pa Besides that I can’t think of much else. Of course it has risks attached. But then what doesn’t?
They cannot just stop accepting there is a currency market and they can exchange it for whatever they want to. We can do the same for their currency btw. The US is still the biggest consumer market for the Chinese and the Russians can fuck themselves with their Italy-sized economy.
Traders generally don't worry about hyperinflation or hypoinflation. Let the nontraders worry about it.
good luck to them then. It will be over only from within work. Which is rapidly under way by the Fed of course.
%% Sure new cars have gone up, but a depreciating asset like that has always gone up list price. Sounds about right, IF you are thinking about paying taxes, federal taxes on 30% long term /maybe real dissapointed .................................................. So to those that think a new auto matters/may get worse. A CPA helps a lot even if one does not use one every year. 2% inflation sounds about right, but that is a 20% over 10 years. Adding to the complexity i lost money on a metal trade, not the huge loss lie any takes on a new car/LOL But many metals, guns, silver, copper coins do not lose much /they tend to gain. Adding to complexity / plenty pay up on certain kinds of fed notes ,copper coins, cash copper does not inflate much but, supply demand+ collectors up trend it super. NOT a prediction.
Hey shares of Toyota topped 10,000 yen (or the price of a bowl of noodles) for the first time today so that's sumtin.
Inflation or Deflation? "Inflation or deflation? Tell me if you can. Will we become Zimbabwe? Or will we be Japan?"
If you really want an accurate measure of inflation track real estate ‘values’. That has the most direct correlation. I think they have topped because of affordability and interest rates are proving/playing a role. One poster said $5 for hot Cheetos that used to cost $0.89. In the real world fuck hot Cheetos. Who needs them? The reality is people will get by with less consumption and prices will have to settle down. We had to absorb the trillions in thin air created fiat. That has been done. Look how much went into crypto and US equities. Hell even Chinese equities on an adjusted basis are holding levels that would only be possible on ‘new’ money. Was there hyper inflation? Yes. Most of it is behind us in the short run. #LetsGoBrandon.