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Serious US hong gan liao. They printed so much money thinking the whole world will absorb inflation for them.
- Thread starter hbk75
- Start date
Jia lat menz! Apparently after inflation goes above 5%, there has been no historical precedent where it comes down without a recession
once inflation hits 5%. interest rates will have to match it. then will follow by a recession.
Followed by greedy Sinkies unable to service their oversized mortgage and ending up jumping. Don't you love seeing them jump due to their own greed?
Already so little sinkies. Still up lorry means no sinkies liao.
Inflation normally caused by too much money so people spend more.
But this inflation, people not spending as suffered lockdowns.. And prices still go up because problems on the supply side.
As a example, at about usd65/ bbl, shale oil by fracking normally would start in the US. But they cannot do this due to shortages of pipes, pumps, chemicals etc ehich causes prices to go up. And even if they are willing to pay higher, they can only get their parts a year later..
California created this inflation by purposely causing a huge delay in ship disembarking. This went down the line to the rest of the world as it caused shipping shortages and rates went up.
Lockdown in Shanghai exacerbate this problem.
But this inflation, people not spending as suffered lockdowns.. And prices still go up because problems on the supply side.
As a example, at about usd65/ bbl, shale oil by fracking normally would start in the US. But they cannot do this due to shortages of pipes, pumps, chemicals etc ehich causes prices to go up. And even if they are willing to pay higher, they can only get their parts a year later..
California created this inflation by purposely causing a huge delay in ship disembarking. This went down the line to the rest of the world as it caused shipping shortages and rates went up.
Lockdown in Shanghai exacerbate this problem.
USA N EU are the biggest culprits when it comes to print money out of thin air,
all governments also print money for their own selfish use lah,
buy gold to protect your savings
all governments also print money for their own selfish use lah,
buy gold to protect your savings
they are hypocrite. when they attack iraq is all righteous. and somemore they just send in cruise missiles and whack everything until 90% dead then move in. which is worst than what russia is doing in ukraine.
cannot be powell printing 4 trillions in 2 years and never cause inflation. they are the source of their own misery.
Don't waste your time buying gold. This inflation means resource shortage which means everybody scrambling for it which means countries fight which means world war which means mushroom clouds.
Spend your money now and enjoy it while you still can.
I always wanted to know what its like to be right next to a nuclear blast,
Probably a microsecond of searing pain and after that nothing.
It the Na'ar in hell you better worry about and start doing what Allah has instructed.
Is it so easy to understand?
So the way to solve this is to increase supply. Something Biden does not understand. Is not why is he not increasing fuel production?
easiest is solve is to reduce money supply. cannot be u printed so much useless paper then people have to dig more oil to help u tank inflation.
The money supply is one thing..too few goods is another...
money supply is a big thing. u dun print so much money then expects farmers to grow more vegetables so that u can continue printing like a mad man?
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