Investing Thread (Stocks, Crypto, Real Estate, Whatever)

[C-Mag]

Expert: Hyperinflation can't happen in the US
https://mishtalk.com/economics/the-fed- ... tary-event

I don't disagree with his premise that Hyperinflation is sparked by a political event. However, the idea that it can't happen here is ridiculous. The Fed is piling up all the tinder and is sprinkling it with gasoline. Plus, the distrust in government is as big as I have real memory of in my life. Though it was pretty high when I was a kid in the 70s.

[Smitty-48]

Expert: Hyperinflation can't happen in the US
https://mishtalk.com/economics/the-fed- ... tary-event

I don't disagree with his premise that Hyperinflation is sparked by a political event. However, the idea that it can't happen here is ridiculous. The Fed is piling up all the tinder and is sprinkling it with gasoline. Plus, the distrust in government is as big as I have real memory of in my life. Though it was pretty high when I was a kid in the 70s.

it can happen, it's just not as imminent as the hysteria would surmise perhaps

the trajectory is more like Japanification, Japan being at 234% debt to gdp ratio in a demographic spiral

in terms of a political event, the scale of that would have to be something like a major war

to wit, Germany didn't have hyperinflation until they lost the First World War

hyperinflation for a great power is the crash upon defeat in a war of hegemonic succession

the hyperinlflation was imposed on Germany by the Treaty of Versailles

[Fife]

How was that trade deficit number this morning, lads?

I wouldn't worry about our money supply or interest rates or whatever. Just keep rocking US stonks and smoke another bowl.

:goteam: :drunk:

[Smitty-48]

Investing is not about saving America from bad fiscal policies

like that's a bad investment strategy

but so would investing based upon fears of hyperinflation be

[C-Mag]

In our other recent example.

The trigger for Zimbabwe was the presanction of White Farmers, leading to White flight. When word got out the White producers were all leaving shit went nuts. But it's hard for me to think that anything that happened in Zimbabwe having much application in the US.

[Smitty-48]

How was that trade deficit number this morning, lads?

the trade deficit is simply a function of American consumption

Americans buy more products and services than anybody else on earth

there is no lever to pull which would change that, so the deficit is neither here nor there investment wise

[Smitty-48]

But it's hard for me to think that anything that happened in Zimbabwe having much application in the US.

exactly, Zimbabwe is a not a world spanning global hegenomy

America is not Venezuela, nor Zimbabwe

America could be Wiemar Germany at some point, but there would have to be an hegemonic succession first

[Smitty-48]

the wildcard in America is the breakdown of the societal order itself

the breakdown of the male dominance hierarchy

the breakdown of fatherhood, husbandry, being the man of the house

that is the breakdown of the species at the functional level, that is when things can go haywire

and that could be a thing which incites a catastrophic hegemonic succession

false idolatry can fell empires, culture is destiny

[C-Mag]

+1

Yeah, and I'm not sure Weimar Germany is a great example either.

All I know is when the globalization economy is toddering. When it goes, it wont be just the US, it will be global.

[Smitty-48]

+1

Yeah, and I'm not sure Weimar Germany is a great example either.

All I know is when the globalization economy is toddering. When it goes, it wont be just the US, it will be global.

exactly, a hegemonic succession would take everybody down

but that is why nobody is actually trying to take America down, not even China, at least not yet

the name of the game now is plundering the American empire

the empire hasn't collapsed, but it is contracting, it is in decline

so the Guided Age 2.0 elites are looting the place, sucking up all the money to them, in a kind of panic

it wont actually save them, but they have the levers in their hands, and they are panicking

it's inciting a kleptocracy

they are robbing from the poor to give to the rich, stealing from the young to give to the old