Nothing in this post is even remotely accurate or poignant. Economics, like most things, is clearly not your forte.

There hasn't been a market correction for 9 mths i believe that is unnatural in any market. There is some real shady things going on

Our local Mensa non-member chimes again, and as usual adds nothing.

You said capitalism is the reason for supply chain issues and that "we've had it good for a while" in regards to inflation

That's like the equivalent of two drunk guys at a sports bar rattling off screwball theories about impossible trades or winning odds

So I guess I added nothing to nothing

We have had it good for a while on inflation. Check the rates for the past 10+ years and we've been below 2% pretty consistently.

Capitalism is 100% the reason for the current supply chain issues. Companies outsourced to save money. They cut inventory to the bare minimum to save money. So now that there's been a shock to the supply chain it can't keep up and there is no inventory remaining. That's just how capitalism works. It balances on a razor's edge to maximize profit, so when the system has an issue the whole thing gets hit.

I cant wait to buy in on that badonkadonk world recession dip.

Digging up my Dow 10k hat out of the closet.

Most items like food wont change much but things like homes and cars will be completely unavailable if you arent rich.




Superinflate my debt, daddy

This post was edited by EndlessSky on Jan 1 2022 11:36pm

Silver is my #1 goto, gold is second. The reason I do not think that Bitcoin is a good hedge is because the mentality associated with it is often stuck around the aspect of making lots of fiat currency aka fat gains. It also mimics tech stocks pretty uniformly. There's a lot of institutional investment within the crypto space. Finally, when people feel the pressure of further deterioration of buying power people will likely sell their bags just to buy stuff.

Screw Mensa.
Payed to test.
Payed to get in.
Pay, pay, pay.
The only smart people there are the ones taking your money.

Supply chain issues are a direct result of monetization of debt, lockdowns, etc. And it is not going to get better. I will tell you why.

1.) Chip shortage will not be resolved for another 2 years. So no GPUS, but also, no components for many of the trucks that move stuff within the logistical networks. There are many deadlined trucks that cannot operate because of this shortage.

2.) Authoritarian response to covid. Alienating workers who did not receive vaccine.

3.) An assortment of localized, federalized policies in America and abroad. Situational issues, which increases cost of delivering and producing ALL goods.

Edit: And don't forget, supply shortages are one of the hyperinflationary pressures. That's why GPUs are over 100% retail price unless you get lucky, and it is still over 20% above msrp

This post was edited by nikkilina on Jan 2 2022 12:05am

Where do you live? My grocery stores here in NY just about everything is 50+ cents more expensive, milk is nearly 5 bucks a gallon.