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helicopter bernanke is alive and well
- Thread starter zdreg
- Start date
well, not sure about the US but before it all ends the Fed will destroy most all other economies around the world
in fact they have already gotten off to a good start
in fact they have already gotten off to a good start
This is historically what happens to devalue the debt, what i predicted to happen already and had but was well hidden in the uk, everything costs more but TV prices dropping offset it, creative accountancy.
Its what I'm actually hoping for.
"Its what I'm actually hoping for."
are you in debt over your head?
"Its what I'm actually hoping for."
are you in debt over your head?
No No No, I have literally ZERO Debt, self employeed so couldn't have debt even if I tried LOL
Just for the entire state of the world, 400% inflation over the next few years then 400% wage increase to match, then a 100K starter house in the UK is like a 20K house and affordable again.
except the house will be selling for 400k.No No No, I have literally ZERO Debt, self employeed so couldn't have debt even if I tried LOL
Just for the entire state of the world, 400% inflation over the next few years then 400% wage increase to match, then a 100K starter house in the UK is like a 20K house and affordable again.
nobody yet has figured out a way to make money on inflation. Not the rich or the poor.Yeah maybe, it's only people with existing debt I guess which gain.
But could sell my house for 400K pocket 300K, or 75K preinflation value, still better than break even at the moment.
That's the plan? Get as deep in debt as you can to profit from inevitable inflation?In the 70's my parents went from having a 2K house to a 20K house in value, his wages went up 10x's and his mortgage stayed the same.
People in debt are better off as there debt is devalued, people with money are worse off as there money is devalued.