Search Results: inflation

They said the initial QE would fix economy and everyone would live happy ever after. Now we are on our 5th QE and we are still in deep shit. This QE will lift economy for 2 weeks and then need QE 6. All QE does is inflate assets and cause inflation. Where ever the people put the QE payments will inflate that industry. This why 3 bedroom homes will $1 million each. Bitcoin will be $1 million each. Amazon shares will be $1 million each. Groceries will be $2000 each cart. This not growth but just inflation and valuations. It is going to all go bust very soon.

Bit coin is $49,000 now , so $1000 , would be like 2% of one bit coin.

You can pool invest $1000 on a Masterpiece of Rembrandt values at $15,000,000 and if they sell it for $30,000,000, you would get $2000 back. You doubled your money.

Silver is $25.28 an ounce , $1000 gets you Approx 50 ounces, if we have inflation like 1970's , Silver would reach $500 an ounce , you would make $25,000 profit.

Colored Diamonds have always increased in value. $1000 in diamond pool gets you like 10% of a smaller diamond. You would make money by Diamond going up in value and selling your share.

Just consider those factors.

Here are the reasons Liberal Democrats love high gas prices.

1) They get more tax revenue to waste on weirdo sex changes
2) It make people buy bubble cars that only one person can fit in.
3) It saves the environment that doesn't need saving.
4) It makes wars even more expensive and necessary.
5) It creates inflation which for some reason they want.

You here them complain about the system all the time. That they want everything for free. They want positions given to them. Life just isn't fair. They have morals of a rabbit in heat.

My parents grew up in Great Depression and made it with nothing given to them. You had to just survive with little Gov't help. Certainly no Gov't stimulus. When this generation got a job , they kept it.

I grew up in Highest Inflation era ever. I have always worked since 11 years old. I started my lawn service in 5th grade. People didn't worry about liabilities and law suits then. I can't remember Lawyer ads being on TV. Again , Gov't didn't send billions in stimulus and the Misery index was started then. I remember gas limits were enforced at pumps and fist fights over who got gas first. I made it with no degree from Harvard and actually have a decent investment portfolio.

Now this younger generation wants everything for nothing. They want communism/socialism. They would make the came working at McDonald's as the guy with Masters Degree in a science lab. Everybody is the same. Not really your Socialist leaders will live like kings at resorts but since they own the media , you will never see that. The same will get boring. Healthcare will decline, death rates will explode. You will have no choices. Someone else will make all your choices for you. You will always just get by. Basically it is a depression every day, every week, and every year.

The US will never make it with this generation of if it feels good do it no matter whether someone else's rights are violated or if someone dies from it. Give me everything for nothing attitude.

The government wants prices to go up, it's the only way to pay off the massive debt... with cheaper money.

Govt will tax your earnings and assets of course, in anyway they can. But they will create more and more $ out of thin air to pay for all the things they feel they need to spend on and that means the $ you have and earn will buy less! The federal reserve bank has stated they want inflation and will let it run "hot".

I'll bet your wages don't go up as much as inflation, that is if you get to keep your job. Lets hope you get retrained into a better job! Til then, this means your standard of living goes down... even more.

No matter who the President is, wouldn't matter, it's one dysfunctional mess that's been repeated through history. Govts can't say no... but they can say "spend"! It's just getting more noticeable of the effects. Things you need like fuel, food... go up. Who knows what else. One working man in the middle class used to be able to care for a family of 4, my father did. Try doing that now. Have to be a Dr. or Lawyer.

People outside USA... you may be better off (if we don't get you blown up in a war). Let us know if you have good place to move to, to save ourselves... from ourselves. My bet is on Italy or Australia.

I'm not going to tell you how to get ready... that's a mytake with all kinds of opinions...

@midnightmoon, bet they have some fun beaches to explore...

The reality for too many people and I suspect, more coming with rising costs of housing and food. Governments are pushing inflation...

So the people can choose to help... thus I'm envisioning an app for that! You can select a person who needs help, track their progress and be confident your investment is going towards helping them. Meet a homeless person. log them in the system, provide resources and track their progress til out of the "system". Short term commitments a month to a year. The intent is to get someone temporary aide so they aren't on the street or starving. To reduce impact to children and reduce social risks of poverty.

Concept already exists in the sponsoring of orphan or poor children. The same could be done for homeless or those who need temporary assistance. Child International, etc..

Assume some controls or feedback on what they can spend on so wast is minimized. Also assume this is considered short term assistance to give them shelter, food, transportation, or medical attention so they can get back to work and care for themselves.

My experience with government is... it distributes poorly, and uncaringly. It also is corrupt and ignores the plight of many. It may be ok for severe cases where someone is never going to be able to work