Biden’s Stimulus is sending inflation through the roof!

Anyone who has taken a business class or an ECON course knows this is bullshit

"What Is Hyperinflation?
Hyperinflation is a term to describe rapid, excessive, and out-of-control general price increases in an economy. While inflation is a measure of the pace of rising prices for goods and services, hyperinflation is rapidly rising inflation, typically measuring more than 50% per month" (investopedia)

What we are facing an economy post pandemic is the reality that millions of companies lost money, and what do companies not like to do? Lose money even if losing money is completely understandable, they don't want to lose money

Their reaction to losing money is to raise prices on everything they sell or fire as many people as they can to recoup as much of their losses as possible

This has nothing to do with Joe Biden. Love him or hate him as a person or president, this has shit to do with him

Companies want their money back. They want their pound of flesh even if they have to take it off of our bones.

The poorest will suffer the most, and up the chain after that
Thinking of this as 'companies want their money back' is missing the big picture. The biggest wealth transfer was underway right in the middle of the pandemic with 'money printing', low interest rates, and asset inflation. Do you remember when the MSM said asset inflation didn't count as inflation? Do you remember all the experts MSM brought out to support that bullshit? Meanwhile, on the corners of YouTube, other experts talked about the real. That the poorest would eventually suffer from all the stimulus.

Then there is the 'supply chain' fuckery. But once again, experts who weren't promoted by MSM called this shit. All this was known when MSM and the FED said inflation was transitory. Some of us on BGOL were laughing at that shit. Shills laughed at us. Now here we are.

In short, all the smart people are taking advantage of this environment. People have made life-changing money. SOME of the same folks are preparing for a crash of epic proportions.

What do you think happens if the FED moves to check inflation? If it were just corporations price gouging, why the FED been playing games all year long? Why did even Yellen come out to say some shit and then take it back in the middle of the year after markets reacted?
 
They can gouge the prices because they know more money than ever is in circulation. That’s how the banking cartels work with its suppliers and distributors to keep the masses in perpetual debt. That’s why every citizen is born already close to $100k in debt :eek2:

Chipotle had record sales last quarter and they said they would be increasing the price of their meals for no other reason than because they can.
 
What kind of crash are some (and or you) preparing for? What preparations are some (and or you) making?
Just the markets man. Cheap prices. Some think it will be an epic crash. I'm not in that camp. I always thought it would just be FED pump faking. But recently, since retail been on some :D "buy the dip" and "diamond hands" I think we need some prolonged pain to shake folks out. The regular shit just ain't working.

So yeah, I got cash ready to go. I just readjusted timeframes and targets. FED gets to talk some more shit tomorrow.
 
Just the markets man. Cheap prices. Some think it will be an epic crash. I'm not in that camp. I always thought it would just be FED pump faking. But recently, since retail been on some :D "buy the dip" and "diamond hands" I think we need some prolonged pain to shake folks out. The regular shit just ain't working.

So yeah, I got cash ready to go. I just readjusted timeframes and targets. FED gets to talk some more shit tomorrow.
Agreed, the markets are crazy erratic now. My guess is because there's more behind the scenes manipulation and cheating than ever before. So, I also like the idea of having some cash on hand for opportunities as well as liquidity issues. I've never been more pessimistic than I am right now. Even picked up more iron and ammo. This country's societal conflicts just seem to be coming to a head. The battle is such that extremely bad is pitted against even worse, so there will be very very few winners. :( Good luck investing. :D
 
Agreed, the markets are crazy erratic now. My guess is because there's more behind the scenes manipulation and cheating than ever before. So, I also like the idea of having some cash on hand for opportunities as well as liquidity issues. I've never been more pessimistic than I am right now. Even picked up more iron and ammo. This country's societal conflicts just seem to be coming to a head. The battle is such that extremely bad is pitted against even worse, so there will be very very few winners. :( Good luck investing. :D
The winners were the ones that took advantage of the generational wealth transfer. This is the end. The sad part is people are still not understanding what is going on but I’ve posted the play-by-play from the start.

Hopefully you’ve prepared to defend what you have because when the rates start going up there will be bodies in the street.
 
Just the markets man. Cheap prices. Some think it will be an epic crash. I'm not in that camp. I always thought it would just be FED pump faking. But recently, since retail been on some :D "buy the dip" and "diamond hands" I think we need some prolonged pain to shake folks out. The regular shit just ain't working.

So yeah, I got cash ready to go. I just readjusted timeframes and targets. FED gets to talk some more shit tomorrow.
They have to raise rates now. The corporations are already fleecing the sheep with the propaganda (e.g. supply chain issues, salary increases) to justify more theft. The high end estimate is 2.5% for the short term increase is. To end the inflation issue it will need to be 17-18% (won’t happen overnight). That will also be the end of the biggest transfer in 86 years.
 
Graphic artists / cartoonists can make a strip; 3 panel storyboard of the origin -

The current head of the international banking cartels was looking at the balance sheet in November 2019 like :confused: - 5… 5… 5…? we missing a comma on the left side…

We broke :eek: :mad: :curse:

:callyou:- “Black Pope: execute operation fruit bat”

:popcorn:
 
Graphic artists / cartoonists can make a strip; 3 panel storyboard of the origin -

The current head of the international banking cartels was looking at the balance sheet in November 2019 like :confused: - 5… 5… 5…? we missing a comma on the left side…

We broke :eek: :mad: :curse:

:callyou:- “Black Pope: execute operation fruit bat”

:popcorn:

Who's the current head of the international banking cartels?
 
Imagine believing this is because of the stimulus. This fucking country is doomed lol.


White people and coons are the ones who perpetuate this nonsense. They complain about free Money, education, health care, etc. because ever demographic will get it. Their reaction is comical when you tell them to give it back.
 
White people and coons are the ones who perpetuate this nonsense. They complain about free Money, education, health care, etc. because ever demographic will get it. Their reaction is comical when you tell them to give it back.
That would include you but you have no idea about what’s going on. You hang around super liberal, so-called whites based on your talking points. Those are the most dangerous.
 
They have to raise rates now. The corporations are already fleecing the sheep with the propaganda (e.g. supply chain issues, salary increases) to justify more theft. The high end estimate is 2.5% for the short term increase is. To end the inflation issue it will need to be 17-18% (won’t happen overnight). That will also be the end of the biggest transfer in 86 years.
You calling for a straight bloodbath in 2022. I still say they have to yo-yo this shit.

I just want to see the political talking points from both sides. Shit is always good for laughs because the bots repeat all that shit. The 'experts' are proven wrong, but the fucking bots will just repeat their next talking points.
 
You calling for a straight bloodbath in 2022. I still say they have to yo-yo this shit.

I just want to see the political talking points from both sides. Shit is always good for laughs because the bots repeat all that shit. The 'experts' are proven wrong, but the fucking bots will just repeat their next talking points.
It is comedy to me at this point because I got the posts to back up everything I said. The TV talking heads have kept the sheep moving in the wrong direction by playing to their emotions and it worked like a charm. It is sad because the last time this happened domestically was when FDR stole the gold but this wealth transfer was global.

The bloodbath will come whenever the Fed starts to raise the rates because you got so many people living on credit, they won’t be able to sustain. You’ll see the money class increase their wealth but there will be a lot of upper class people (high salary, high debt, low assets) that fall to levels of poverty. A lot of generational wealth will be gone. So-called whites will catch most of the backlash (and the pro-whites because they have tried to emulate them). There will be formerly rich MFs looking like Mortimer and Randolph Duke in ‘Coming to America’ (if they don’t off themselves). This shit will be like a pro sports league lockout. I hope people are ready.

:popcorn:
 
This will never happen. The US has not produced anything for 25 years.
The reason why there has not been any inflation is that its currency is the
world reserve currency, and however much of it is printed simply is sent
to the rest of the world where it spurs economic activity. The current state
of inflation is due to the breakdown in supply chains and nothing more.
Still think there are no inflation issues?
 

What it means
Our analysis shows that the elimination of enhanced UI benefits in many states in mid-2021 was associated with a small increase in hiring activity but no differences in measured unemployment. These findings are consistent with other recent work that finds small effects of the UI expansions and withdrawals, for example, Petrosky-Nadeau and Valletta (2021) and Coombs et al. (2021). Our findings and conclusions contrast with those of Holzer et al. (2021), who find a substantial pickup in job-finding rates by unemployed individuals in states that withdrew UI, which they use to infer substantial effects on relative unemployment rates. The difference in our results may reflect the different data types used: we use aggregate state data to focus on overall hiring and unemployment rates, while they analyze individual microdata and focus on hiring of the unemployed.

Our findings can be interpreted in various ways. We find that the UI withdrawals had limited direct impacts on hiring rates, which suggests the enhanced UI benefits were not an important source of labor shortages in 2021. On the other hand, the termination of UI benefits did not undermine labor market conditions in the states that cut benefits. Nonetheless, studies of past UI benefit expansions suggest that many individuals who lose benefits are more likely to be forced to reduce consumption and suffer substantial hardship (Rothstein and Valletta 2017). As Holzer et al. (2021) emphasize, such tradeoffs are important considerations for designing and assessing UI policy changes.
 
I was hoping to not be right on this but it was just too many economic problem indicators pointing to it happening. I think inflation rates now will have doubled before the end of 2022 Q1.
Who posted the graphic showing this? Dumb post according to the bots ended up predicting what exactly happened :lol: :smh:
 
Indeed. Just another example of how out-of-touch these "brothers" are. :smh:

How old are you? Do you remember 18% home loans?

Did you live through trickle down economics? What was the interest payment on your first vehicle? Do you remember 18 cents per gallon gasoline?

What did the house or apartment you grew up in cost?

Do you remember penny candy or the 1 cent candy store?

Let me know so we can discuss further.
 
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