Since Elon Musk is now a trillionaire I've read post from several anons on biz and pol that this is a sign of hyperinflation, so is hyperinflation actually happening right now?
yup, debtmaxxers were right.people will have the easiest times of their lives paying off mortages from decades ago. sure wages will remain shit but existing debt, will be all good. even student loan debt.
>>536996037They sucked a bunch of cash out it’ll be deflation a couple more months, then yes spending for wars
>>536996037No
>>536996037have you become a billionaire? Then no.It's just sad cope
>>536996037There is too much production for hyperinflation to be a credible risk.
>>536996037Yes. Trump doesn't seem like he wants to back down from lower rates despite hot inflation. Warsh is a known hawk but he's also Trump's puppet so it all really depends on what he does.
>>536996037hyperinflation is like over 50% increase in prices a month? obviously not. your (and ours) is a chronic cocaine addiction of the government printing money and lending it out. enormous asset prices and staggering outstanding debt are just a few of the consequences.
>>536996037>>536996631>>536999076Hyperinflation is a psychological phenomenon, it means people know it's inflating too fast (actual percentage doesn't matter) and they are actively getting rid of all paper currency to acquire valuable physical assets with it, like water, food, tools, physical silver coins.
>>536999962ok but that's been happening for decades, the entire "stonks market go up" is based on that idea
>>537000039Stonks are denominated in the inflating paper currency, they are a derivative of it.Those who buy stonks are hoping to gain more paper currency later, while those with a hyperinflation mindset want to completely get rid of it, not gain more of it later.Also, in a high inflation environment, stonks never actually keep up with the real inflation rate, you always get out less than what you put in it in real terms, even if the number is actually way higher.
>>537000342eh yeah, inflation causes insane asset price increases. that and easy loans means ppl try not to hold cash but either stonks or derivatives. it's also why we have like 100x outstanding debt compared to the actual money supply. stonks don't even keep up but it's better than keeping cash
