DEFLATION: Comin-in strong

[coalvalley]

Quiz: What happened in the early 70's that could have lead to such inflation?

[ATTACH]11793[/ATTACH]

Does it rhyme with bold lanyard?

[errolanderson]

Quiz: What happened in the early 70's that could have lead to such inflation?

[ATTACH]11793[/ATTACH]

The 1970s vs today, no comparison. No debt crisis in the 70’s. Gov’t bills were actually paid back in the day.

[FarmJunkie]

The 1970s vs today, no comparison. No debt crisis in the 70’s. Gov’t bills were actually paid back in the day.

Just look at the chart. Gold standard gone and deficit spending starts couldn’t possibly have anything to do with the shit storm we are dealing with now,

[TOM4CWB]

On Bloomberg I heard an interesting observation why this economic cycle is different...

The pandemic caused $2.7T to be dumped into the consumers laps... plus the decreased activities by forced lockdowns.

He figured there was still an extra $1.3T currency residual remaining... which affects employment decreasing the available work force...

Different economics this time around... nervousness about debt servicing costs... Japan seems to have come through smelling like a rose...the Fed has quantitative easing down to a science... what could go wrong????

Cheers

[Oliver88]

Lumber has been crushed, down 50% since spring . . . .

An analyst on RFDTV mentioned that mills could be operating below cost of production now and might have to curtail production.

Lumber futures have decreased significantly back to levels before the scaredemic. The lumber in inventory hasn’t came down to those levels yet……

[biglentil]

Modern 'economists' trained in the Keynsian school have been duped into believing inflation is normal, a good thing and the deflation boogeyman is this biggest threat always just around the corner. But there is no doubt central bank policy is responsible for boom and bust cycles.

[errolanderson]

Modern 'economists' trained in the Keynsian school have been duped into believing inflation is normal, a good thing and the deflation boogeyman is this biggest threat always just around the corner. But there is no doubt central bank policy is responsible for boom and bust cycles.

[ATTACH]11798[/ATTACH][ATTACH]11799[/ATTACH]

Keynes economics and protecting Wall Street at-all-cost is what got us to this incredible mess. It should have been dealt with years ago. But 'pay me now' and 'banker greed' continued to kick-the-can down the road. U.S. debt ceiling if stonewalled, could hammer global markets, both equities and commodities. A time bomb. Market channels continue to dance around this issue.

There will be a changing of the financial guard. Those with cash may pick up assets pennies-on-the-dollar. Excessive debt is a financial killer. The recession / depression ahead may take years for recovery (IMO) . . . .

[biglentil]

Keynes economics and protecting Wall Street at-all-cost is what got us to this incredible mess. It should have been dealt with years ago. But 'pay me now' and 'banker greed' continued to kick-the-can down the road. U.S. debt ceiling if stonewalled, could hammer global markets, both equities and commodities. A time bomb. Market channels continue to dance around this issue.

There will be a changing of the financial guard. Those with cash may pick up assets pennies-on-the-dollar. Excessive debt is a financial killer. The recession / depression ahead may take years for recovery (IMO) . . . .

You are much more optimistic than myself. The BOC has stated they are committed to hiking rates until cpi is below 2% all while they inflate the money supply at the fastest rate ever. There is no putting the bubble they have created with MMT back in the box, this is controlled demolition to usher in CBDC. Banks are already expecting 10000's of thousands of Canadians to default on there mortgages, i think it could be alot higher. From footage ive watched out of the FDIC bankers are preparing for a bail in. The potential for a large haircut off the top of savings is high and there is the potential for banks to be wiped out completely. CDIC only has assets to protect less than 1% of all deposits. What might seem like a developing opportunity for those with savings may turn into a nightmare.

[TASFarms]

You are much more optimistic than myself. The BOC has stated they are committed to hiking rates until cpi is below 2% all while they inflate the money supply at the fastest rate ever. There is no putting the bubble they have created with MMT back in the box, this is controlled demolition to usher in CBDC. Banks are already expecting 10000's of thousands of Canadians to default on there mortgages, i think it could be alot higher. From footage ive watched out of the FDIC bankers are preparing for a bail in. The potential for a large haircut off the top of savings is high and there is the potential for banks to be wiped out completely. CDIC only has assets to protect less than 1% of all deposits. What might seem like a developing opportunity for those with savings may turn into a nightmare.

Some US banks have close to 1 billion in credit losses estimates on their forecasts

[shtferbrains]

k

There are opportunities?

[errolanderson]

[ATTACH]11801[/ATTACH]k

There are opportunities?

With inflation dying out, tread long gold positions carefully . . . including copper (IMO).

[Old Cowzilla]

Inflation dying out ,not for me. Compared to one year ago I am paying more for Hydro, Phone, food, house ins. farm ins. , land taxes, carbon taxes, Vet fee's meds, trucking , shop rates, bank int. , bank fee's , equipment purchases ( new or well used ) parts at the (red , green , yellow, and blue dealerships ). Nat gas may be dropping but that does not mean I will get a big cut in my nitrogen purchases . Nat gas has been almost free several times in the last 40 years but never dropped fert price. Real life lasts longer than media's attention.

[sawfly1]

Not buying anyting shiney new. No need after down sizeing. Priced a Rem Vac.paid 25 in 14 for one. Now 48. Same vac. And parts . Wow
CASE and lex have no shame for sure.
Case. gasket used on 1.000s of tractors. Last one 3 years ago 12$ now 48$ a bevile washer 40$.At Lex feeder chain ,narrow one 3500$
Had a double hyd pump repair at private
Hyd shop . And they were more than fair.
If the rest of the industrys start to gouge like the AG boys are . Look out.

[biglentil]

[fcr]

Two years ago bought duck foot tines from combine world for $ 80 a box.Last year they apologized for having to charge $100 a box.This year $160 , who is profiting from the 100% price increase.