Changes in my food bill, rent bill, health bill and most expensive dating a woman bill.
Anyone want to talk about inflation?
- Thread starter kmiklas
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You need cheaper women. Works for me.
Precisely. Intentional inflation is meant to get people to spend and prevent/penalize saving.
...and a Snickers bar is now half the size.
Shrinkflation is as much debasement of the states currency as is inflation, just more hidden - it's more on the level of frogs in a slowly boiling pot.
Fed: Increases supply, wagers the economy rising...
Dollar: I'm bout to end this man's whole career!!!
On a serious note, once the Fed expands its balance sheet to over $10 Trillion, the dollar goes Bye Bye, and we say hello to another Bretton Wood agreement. It is quite surprising to be honest, how average people like you and me can run the Fed better than the Fed itself. I wonder if they're doing this on purpose because its very obvious what they are doing and what they are trying to achieve.
Dollar: I'm bout to end this man's whole career!!!
On a serious note, once the Fed expands its balance sheet to over $10 Trillion, the dollar goes Bye Bye, and we say hello to another Bretton Wood agreement. It is quite surprising to be honest, how average people like you and me can run the Fed better than the Fed itself. I wonder if they're doing this on purpose because its very obvious what they are doing and what they are trying to achieve.
Why is $10 Trillion the point when this happens?
From a risk assessment point of view, once the fed expands it's balance sheet, the dollar isn't neccessarily devalued in a way, rather the existential supply of money is scourged all over the place (infinite supply) thus the dollar's value goes down when inflation is taken into account.