During the early stages of Weimars hyperinflation, everyone thought they were getting rich as the value of their assets kept rising
Nigger
>>62556838Yes
>>62556838Good thing that will never happen to me because all my money is in efferium
>>62556838Two more weeks.
>>62556936>4%>20% in 3 daysKek
>>62556920Great minds think alike.
>>62556959Lol u effereumz pisters always make me kek :D only one nigger evah boat efferumz and u r like yo nigguh efferumz= homeboi and shiat
Those with physical assets fared better.
>>62556959https://www.youtube.com/watch?v=8MhMIq_dq-M
>>62556988Yes. It's funny though. A ton of wagies would sell off their valuables, including furniture, because they were worth "so much". It's as if 10 year old Toyotas suddenly sold for a million dollars. A lot of people would take that deal just to feel like a millionaire, and a few months later the same amount of money might buy them a nicely used bicycle
>>62556982nah cracker it aint like dat! we jus playin dat game, stackin shorties so dont be a tighty whitey okay stragiht talk no cap!
>>62556920ayo lemme holla at u. efferium kingz represent
>>62556838soon my furniture will be worth $1m
A lot of people on this board will be bagholding fiat through it, waiting for a crash that never comes. Grim
>>62557151Well there will be a crash just not in the way they want.
>>62556838Houses have been stagnant during rampant inflation tho
>>62557526On shorter timeframes different asset classes tend to move in waves, but they all have one thing in common on higher timeframes: straight up. This isnt something that plays out in a month, but over the course of like a decade
>>62556838But people with assets still did better than people with fiat
>>62557648Sure, but most people would seethe hard if they realized that their "winning" portfolio was just treading water in real terms
that was before the internet. now the world runs on the dollar. dont believe me? go anywhere on earth and try to buy something with usa currency. if your assets go up in 2026 its because they are increasing in value. weimar hyperinflation was a relative slump because the goods were traded within their own borders. on earth you can exploit 3rd world countries and their lack of modern things
>>62556838Notably though assets really did keep up pretty well until the end. You also see this in the US in the 70s and other periods of more modest but significant (10%+) inflation
>>62557676
>>62556838>everyone thought they were getting rich as the value of their assets kept risingIf I own appreciating assets like gold or property, is there a point in economic collapse where shit hits the fan so hard that those things lose value?
>>62557901The instant people start dying or fleeing, your assets become worthless
>>62557907But surely gold will retain value if I can at least transport it somewhere not in an active warzone?
>>62557901>gold will always be fucked
>>62557909Sure, if you make it and nobody robs you
>>62557909Yes.
>>62557907>your assets become worthless>>62557912>robs you
>>62557909Healthy adult males fleeing a war zone are traditionally executed
>>62557919>can't hold two conflicting ideas in his head at onceYou're literally an NPC
>>62557901There are a lot of stories floating around the internet from Venezuela and how things progressed as their currency began to spiral out of control. Gold held its purchasing power and people who wanted to sell their house, car, etc would often transact it for gold. For day-to-day transactions they preferred to use physical USD
>>62557920>t.
>>62557925You're a jew
>>62557931What a surprising and original response to someone commenting on your mental retardation. I may have been mistaken- you're clearly not retarded at all
>>62556838No one is getting rich now except the already rich though.
>>62557926>There are a lot of stories floating around the internet from Venezuela and how things progressed as their currency began to spiral out of control. Gold held its purchasing power and people who wanted to sell their house, car, etc would often transact it for goldLmao, shit that never happened dumb shit you read on incel doomer blogs
>>62557967I am, it's not hard dumbass quit crying and start working
>>62557994>getting richThis means you’re not rich yet lol.
>>62556838Well I don't think I'm getting rich so we must not be in hyperinflation
