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Jun 13 2022 08:44am
If crypto is crashing, stocks crashing, gold isn’t going up. Are people taking their money overseas?

This post was edited by Tarisus on Jun 13 2022 08:44am
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Jun 13 2022 08:47am
Quote (obisent @ 13 Jun 2022 10:33)
From the base jumping thread.

none of that post is a surprise. just completely out of touch and wrong
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Jun 13 2022 08:53am
Quote (excellence @ Jun 13 2022 06:24am)
well good to see the administration finally admitted that inflation is here and will be for a while. dont expect them to take any appropriate measures though.

major indexes are headed to pre-covid 2020 highs. at this rate in 4-5 months we may be at 2018 highs.

i went mostly cash 3-4 months ago thinking it was too late but had a bad feeling with the war and inflation denials by governments and media.

hold strong friends this is gonna be a tough ride.



What do you think would be “appropriate measures”
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Jun 13 2022 09:03am
Quote (inkanddagger @ Jun 13 2022 10:53pm)
What do you think would be “appropriate measures”



Stop the pointless spending, thus less borrowing is needed from the fed, then inflation will slow down eventually. Start regulating wages people can make more money and buy things which gives a healthy flow of economy. Then profits don’t go to corporations or CEOs.

Wages, profits, stock market and everything linked to money will be at a inflated value. That’s when things go back to normal. Ps. They need to adjust tax brackets too.

This post was edited by Tarisus on Jun 13 2022 09:04am
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Jun 13 2022 09:15am
Quote (inkanddagger @ 13 Jun 2022 10:53)
What do you think would be “appropriate measures”

stop lying about realities would be an excellent start
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Jun 13 2022 09:15am
Sailboat fetched a good offer :) Been waiting for this moment for years, hoping the house prices will plummet next.
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Jun 13 2022 09:17am
Quote (RedFromWinter @ 13 Jun 2022 11:15)
Sailboat fetched a good offer :) Been waiting for this moment for years, hoping the house prices will plummet next.


nice. as the old saying goes the two best days of a boat owners life are the day it’s purchased and the day it’s sold
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Jun 13 2022 09:21am
Jamie Dimon CEO of JP Morgan, US biggest bank says there’s an economic hurricane coming and brace yourself.
Elon Musk said he’s got a super bad feeling about the economy.
Jeff Bezos doesn’t seem to get along with Biden either.

This post was edited by Tarisus on Jun 13 2022 09:23am
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Jun 13 2022 09:23am
Quote (Tarisus @ Jun 13 2022 09:44am)
If crypto is crashing, stocks crashing, gold isn’t going up. Are people taking their money overseas?


The fact that gold is staying relatively level while everything else crashes is itself a reason to shift your money.
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Jun 13 2022 09:30am
Just going to keep buying equities every two weeks as planned. No deviations.
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