You're laughing?Governments are going bankrupt and will hyperinflate fiat...and you're laughing?
Yes because I've been waiting more than 10 years for the can to become unkickable
>>62648268Yeah i think its funny af.
TWO.MORE.WEEKS.
>>62648268>>62648300>>62648291>>62648279As long as I'm invested I'll do better than most
>>62648348>As long as I'm invested I'll do better than mostRecency bias
>>62648268So when they do this what happens? What inflates? Do asset prices shoot up again like during Covid inflation? Do gold and tangible assets shoot up?
>>62648377>What inflates?Pretty much everything. Zoom out on most charts and you'll find that they're all going parabolic. It's not because everything is becoming more valuable. It's because anyone with a brain is running away from fiat and doesn't want to end up bagholding it when they can clearly see that we're headed towards an iceberg.Inb4 you actually believe the official inflation numbers which are extremely easy to manipulate through hedonic adjustments.
Wouldn't hyper inflation be good for someone like me who owes like 550k on their house, but has like 250k in stocks? Like, if hyper inflation happeend, my stocks would double in price because the dollar is so weak, and my mortgage would stay the same?
>>62648268Yes, I only have about $100 in fiat currency.
>>62648409>It's because anyone with a brain is running away from fiatRefinance where, Michael? Everything's backed by fiat so what's the point in buying boomer rocks or internet magic beans if it's all worthless
>>62648424stocks go down when costs to borrow go up significantly even in an inflationary environment.but yes home owners and PM owners do well under these conditions.
>>62648431The point is that hard assets retain their value somewhat against a hyperinflating currency. Sure, in real terms they will likely go down in value as the ripple effects from hyperinflation takes its toll on the economy, but a lifeboat that takes in a little bit of water is better than drowning
>>62648441But the lifeboats are full and the rowing pads were stolen by browns
>>62648268Welcome to an average republican presidency. Enjoy your stay
>>62648434Unless the government steps in to protect the banks by rewriting your mortgage contract. But the government would never favor the banks over the people. Right?
>>62648488>owning a mortgage in the year of our lord 2026with those closing costs? lmfao
>>62648431The boomer rock have value in itself that is safe and immune from the fiat death.The magic bean altho affected by the fiat death, is not depending on fiat to exist, in the case of a great depression everyone agrees that the magic bean is going to gain in value as it either replace or become important to the fiat, because peoples and institutions who want to keep functioning will naturally turn toward it as the old money become useless and the new money take its place.Almost like a "great reset" if you will ...
>>62648348>He thinks his "investments" will save him
How do I not get fucked by all this?
>>62648348The Zimbabwe stock market was once the highest-performing in the world. Until it wasn't. But it is true that during the Weimar hyperinflation, folks who owned shares in solid companies and held them steady during the fiasco, emerged in relatively good shape on the other side. But I would caution you as to what constitutes a solid company. They should be producing something historically useful and paying dividends out of steady profits. If you are hoping ultra-hyped greater fool speculation and government-subsidized vaporware companies are going to save you, I think you will be disappointed.
>>62648534You will get fucked. The only question is to what degree. The least amount of fucking will happen if you own hard assets
>>62648268But Sir, it's hilarious
>>62648268This isn't a fiscal problem. It's the AI trade overheating and spilling into sovereign bonds. Tech will go bankrupt, not countries.
