The Death of Inflation

[jamesb]

Lots of very interesting thinking on this thread. Many of you are far more versed and polished than I in looking into the crystal ball and many of your theories have merit. My observations are that many have been foreseeing the collapse of things as we know them for many years but until this point at least things seem to bump along and carry on. Around the world people live better than their parents in most cases. Maybe that will change. I do believe we will see the total collapse of third world countries before things ever get out of hand here. How the west react to this collapse will be telling, build a wall or open borders? How many can we take in?
As a farmer and land owner I guess I feel more secure in the fact that whatever happens the demand for what we grow is still going to be there. We may do it differently, we may grow different crops. Owning the land for me is important . I guess we can fear the govt taking the land from us but I believe I think history has shown us that a private farmer left to their own can be the most productive growing food or fuel.
I do think covid is speeding up the slide of many countries that are in tough shape but I am more concerned with the US. The rural / urban split that has happened in the US is stunning in its intensity. Where is this going to go?
So I guess I am saying that we could have reset/ crash in the stock market/ economy from poor monetary policy but for me there are a lot of other issues at play here.

[errolanderson]

Government debt contributed and funded inflation, not actual growth. COVID disruptions are the key reason why groceries cost more these days. But take-away the free money and see what consumers have left?

And with the power of money printing now showing little ‘bang-for-buck’, this is a financial train wreck that has already occurred. Remember, central bankers produce no economy. All they can do is kick-a-can and pray for massive inflation to get them and economy out of this mess. Have you ever heard a central banker say the word “deflation”, that’s like kryptonite to Superman.

In my view, investors are sipping the cool-aid taking massive on risk. But the financial industry says you can’t place your money into cash. Inflation will eat you alive. Dividends, dividends. Stay invested, is the chant. But who cares about the speculator right?

Where’s the inflation going to occur, when governments say you aren’t getting anymore free money. And sorry about your job loss.

Print all the money you want, that ain’t going to fix anything. But tell the general public, the Fed has your back with unending stimulus. That’ll fix everything. And if China stops buying, tractor tire prices are apt to get a whole lot cheaper.

Maybe it’s time for me to go the fridge and have some cool-aid . . . .

[canolacrazy]

Inflation or Deflation, that is the question. whichever way it goes, i think farmers are in the best position right now to deal with it. we've got a fixed asset, produce our own food and peace and quiet. i'll take that anyday.

[macdon02]

The MO of the Wall Street Bets crew is phuck the shorts, and they take a glance at USD, and decide to shit on the rug, light the house on fire and basically have a rave/mosh pit, this is gonna get real interesting. They are pushing silver to the tune of 6.5% on open tonight. These guys are not fly by night morons that are clueless, their hit list is solid, they only pick what has trend behind it, the formation is there, and they are extremely vengeful with someone else's money. They got nothing to lose. Im sure govt is looking at banning retail if net worth isn't a million plus. Paid a bill yesterday, usually it dates Monday if done after 4pm Friday, but it dated Sat. Are we going full digital currency?

[shtferbrains]

I started checking in on WSB last Feb or March mostly for the entertaining memes but also to learn about shorting with options.
At that time they were complaining about all the newbie retards joining every day and diluting the discussion much like you sometimes hear on agriville.
I think they had just gone over 1 million users.
They had some MSM attention on influencing the market then.
I found it hard to follow the convo with a lot of jargon.
All talk of puts and calls.
Ridicule any stock purchasers.


Now I think 5.4 million users.
Most all newbies buying less than 10 stocks. Not options.
Lost any general day to day market analyst.

Truly a bunch of retards have no idea but push gamestock.
Can't duplicate that everyday as most will be broke next week.

Still entertaining but DYOD.

[malleefarmer]

Germany's retail sales collapsed by 9.6% in December as a result of the strict lockdown.

Has EU countries not got the free money like many other western countries?

Or is EU associated countries or some of them gonna be first domino to fall

[Old Cowzilla]

STOCK MARKET : a trading area where Fear, Hype, and Trending set the price of a vast majority of over valued stocks. TESLA, BITCOIN and this months special CANOLA !!!!!!!!

[shtferbrains]

EU runs on euro, common currency controled out of Brussels.

Has been a problem in some situations for some countries.

UK never adopted it as they wanted to control thier own.

[jazz]

Truly a bunch of retards have no idea but push gamestock.
Can't duplicate that everyday as most will be broke next week.

Still entertaining but DYOD.

Are these guys the equivalent of the shoe shine boys giving market tips back in the 30s? Or the dot com mania in 2000 or the mortgage defaults in 2008 that caused the GFC.

When there is dumb money in the market that always goes bad.

[shtferbrains]

Are these guys the equivalent of the shoe shine boys giving market tips back in the 30s? Or the dot com mania in 2000 or the mortgage defaults in 2008 that caused the GFC.

When there is dumb money in the market that always goes bad.

There certainly are some there who can explain a short squeeze very well. But they are a small minority at this time.
Many newbies seem to be there because they are SJW and like sticking it to wall street.

Might work for a while.

If you like trading extreme volatility it's an opportunity.