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[–] 5 pts

inflation was already hugging him before he had a chance to even touch the stimulus check money

kikes ruin everything - especially monetary systems

[–] 3 pts

I talked to some dipshits on reddit, they legitemately could not understand why price inflation causes volatility to the price of gold (notice the price always goes up, and never down), and thye couldnt understand why raising the minimum wage would cause further inflation. They legitemately did not understand how the two are connected.

[–] [deleted] 2 pts

Because reddit is filled with adult children who are physically adults but mentally live in a 3yr olds mindset where money grows on trees and somebody has to take care of them. They are fucking stupid, but arrogant to the point where they feeeel like they are the smartest people in the room and you are simply a "racist" etc for popping their bubble and using logic.

[–] 0 pt (edited )

I know a few people in real life who fit this description to the letter.

They were never made to grow up, they lived at home into their mid-to-late twenties, with their parents paying all of their expenses, mom still cooking every meal and doing their laundry, and the only thing these man-children ever did with their time was fuck around on the internet, watch cartoons, and play games.

They never played any sports, they never made any friends, they never dated girls, they never went to parties, they never took up hobbies.

They have done NOTHING except play videogames, watch TV, and smoke weed until they're nearly thirty years old, and for whatever reason they are ABSOLUTELY SURE they are ten times smarter than you are and there's nothing they don't know.

These people have no life experience whatsoever, but their entire identity revolves around believing they're the smartest person in the room, and any time there's a situation that forces them to confront they don't know as much they think, they either try to avoid it, or they get really upset and angry.

I hate these people with a passion. They are functionally useless in every way, but are also extremely smug and self-important.

[–] 0 pt

Raising the minimum wage doesn't cause inflation, inflation reduces the purchasing power of the dollar.

Creating more money is what causes inflation. And guess who does that? Hint: it's not the treasury. 85% of USD doesn't exist in physical form.

[–] 0 pt

I tried explaining it doesnt matter which causes which, the end result is always the same, erosion of the purchasing power. But that requires too much thought from the fucks on reddit

[–] [deleted] -1 pt (edited )

as long as the notes keep leaving the states things will seem fine and then when china wants higher prices for goods we can make more shit here and despite the inflation we will have more jobs and industry and less demand for now-notsocheap china goods.

i have no formal economic training but im tellin you the money leaving the country is an addiction (that buys us time)we need to keep until ready to fully break. the majority of u.s. money is outside the u.s.

e, if im wrong and supporting communism its because im just wrong. and if you senceim addicted to chinas products yeah i keep getting good deals on odds and ends. at least i cut the middle man out. /shitpost oftheday

[–] 0 pt (edited )

Is anyone else a little confused on what he just said? something like, i buy my shit from china, and i may be wrong (pretty sure i am), but hey its cool. Whatever, right? If you feel like you cant change the situation, might i suggest full-fledged denial? It's a powerful weapon in any beta arsenal!

your username indicates you are stupid.

i was mentioning more of a complex issue. let me make it simpiler for sarcastic you.

the pool in which u.s. dollars are exchanged is across the world. if that market expands or shinks it has a inflation/deflation sort of effect. make sence?

the stim money and all the other monies added to the pool have been leaving the states and we havent felt the inflation because who we buy from hadnt been given easier to aquire notes.

you arent confused on what i wrote you are on what i meant which is ok. you are a fag

i did say i wasnt an expert. i do come to poal to talk

Ha. People are fucking idiots. Libs think making minimum wage $15 or $20 per hour won't cause inflation. They think it's all sunshine, and rainbows. You dummies! It will cause inflation, and also put you out on your ass. If gov't makes minimum wage $20 an hour, Mr Illegal Immigrant is gonna take your job for $10 an hour!

[–] 0 pt

Works better with ((($15/hr))).

[–] 0 pt

Yids often give themselves away as the creators and posters of shit like this. I've frequently noticed that spelling isn't much emphasized among jews. "stimulis" kek.

[–] 0 pt

Inflation will be controlled through tax. But to do it properly they're going to need an unconstitutional wealth tax.

reminds me of biden sneaking up on kids to smell them. pedophile pervert kike supporter .

[–] 0 pt

Stimulus checks as gas prices go through the fucking roof and food prices go up with those this plandemic hit the poor the hardest while the absolute richest .01 percent got insanely rich.. aka jews

[–] 0 pt

Has anyone looked at the details on the 1980 CPI based inflation calculation? It shows inflation near 10% instead of 2%. If that's true then it seems almost any investment has been garbage, in particular bonds. It seems taking on credit is the smartest thing you can do in this situation as long as you can pay it back. A big if in a down market for sure but it seems like paying ahead on your mortgage is barely better than just leaving it in the bank. I've been thinking about this a lot lately as I have received a decent amount of money from tax returns and bonuses and the idea of leaving it as an emergency fund is burning a hole in my pocket. The best idea I can come to is maybe leaving a third of it in the bank, a third in precious metals, and a third invested in emerging markets.

http://www.shadowstats.com/alternate_data/inflation-charts

[–] 0 pt

*hyperinflation