The Death of Inflation

[errolanderson]

Margin debt is skyhigh, now estimated in-the-trillions. This is going to be one hell of a margin call when it blows. Powell dismissed and appeared unaware the magnitude of margin on 60 Minutes.

1999 ... 2008 ... now 2021

[Taiga]

Do we really think prices are going to come down? Think prices like these are sustainable in this business?

[biglentil]

Mpca !
[ATTACH]7775[/ATTACH]

[errolanderson]

The incoming deflationary shock and credit market defaults will catch the investor herd totally unsuspecting (IMO).

Even plywood prices are susceptible to-a-markdown.

[biglentil]

The incoming deflationary shock and credit market defaults will catch the investor herd totally unsuspecting (IMO).

Even plywood prices are susceptible to-a-markdown.

You've been saying deflation is coming since plywood was $26 a sheet and calling for golds sell off since $900. I've been hearing about deflation risks for 20years and I've been calling bullshit for that long. It's just jawboning by the fed all the while they continue to print and steal the purchasing power of the savers. Increasing money supply is INFLATION, price inflation is the result. That is the definition as per the Merriam Webster Dictionary from early 1900's to the 1970's until the Keynesians forced them to change it to align with a cooked CPI model to significantly understate real world price inflation. Do you honestly believe the economy is struggling to maintain a 2% price inflation rate currently?

[biglentil]

You can’t make this shit up. Comic book produced by the NY Fed outlines exactly what’s going on today.

https://twitter.com/HayekAndKeynes/status/1388308624431255555?s=19 https://twitter.com/HayekAndKeynes/status/1388308624431255555?s=19

[biglentil]

You can’t make this shit up. Comic book produced by the NY Fed outlines exactly what’s going on today.

[sumdumguy]

Cycles repeat. The thing is, there were probably the same predictors over and over again all through the years. Who hasn’t heard the old folks warning the next generation about prices rising, too much borrowing? All I am saying is I’ve heard this song and dance repeatedly. When we were buying land in 1972 at $100/acre, our father was saying, “You’ll never pay for that, the price is way too high”. The borrowers were the winners (except when interest rates went to 22%). Could that happen again? That would put the brakes on, wouldn’t it?

[Ache4Acres]

I’ve basically been calling for a collapse of the dollar for nearly 20 years and yes it may seem to some like I’m the boy that cried wolf but I would say thing look more than ever like I will be right in the near future.

Interest Rates can never increase significantly again without bringing a complete collapse of the system. The amount of debt in the world compared to 1980 is literally astronomical.

This is not a matter of if but when. In the interim they feel like the way out is taxation (carbon tax), currency devaluation and quasi inflation. That’s the same old game plan. The inflation (read devaluation) of your currency is estimated to be around 15% per year right now. If you are not making 15% on your money you are losing your wealth.

The only asset in the world that has outperformed the money printing in last 12 years is bitcoin. Other commodities and assets like real estate have faired well too but really treaded water compared to the Feds balance sheet expansion.

[biglentil]

Pictures going up!