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Helicopter Money is Coming, Followed by Inflation
- Thread starter zdreg
- Start date
Helicopter money never left. It was just restricted to rich people
Another radical option under discussion is modern monetary theory, when governments create and spend as much money as needed, so long as inflation stays low.
Who do you think measures inflation and what would be the incentive to measure accurately?
Another radical option under discussion is modern monetary theory, when governments create and spend as much money as needed, so long as inflation stays low.
Who do you think measures inflation and what would be the incentive to measure accurately?
the next tech revolution will permanently divide the haves and have-nots.... MAGA msft aapl goog amzn are already 50% of qqq and they will get even bigger and bigger and take over the entire economy.
people get scared when I call $1000 aapl which means $4t market cap.... don't be scared... if you have the vision of the revolution you will get rich, permanently....
because after this round of revolution there will be no jobs left for humans to do, and if you are empty handed you will no longer have a chance to get to the upper tier of the society... you will be the permanent under class receiving $1000/month from Andrew Yang.
we are only in the 2nd inning... act accordingly!
forget about the 'longest expansion' blah blah... all that is irrelevant to what I am talking about here - SINGULARITY, where the machines completely take over, everything is optimized and monitored, humans become dead weight...
if the machines don't figure out that we are dead weight and they become our servant forever, we are talking about unlimited abundance where money won't even serve any purpose anymore.... this is the better outcome...
the worst case scenario is that machines do figure out humans are useless and they just terminate us all.
and by the way, in either outcome gold becomes useless and will be priced like iron/copper for industrial purpose only.
but before all this happens, there will be a transition period which most of us will not out-live... a transition period where money still serves a purpose and if you own MAGA you will be part of the upper class and enjoy unlimited virgins and boos.
that's the vision.
people get scared when I call $1000 aapl which means $4t market cap.... don't be scared... if you have the vision of the revolution you will get rich, permanently....
because after this round of revolution there will be no jobs left for humans to do, and if you are empty handed you will no longer have a chance to get to the upper tier of the society... you will be the permanent under class receiving $1000/month from Andrew Yang.
we are only in the 2nd inning... act accordingly!
forget about the 'longest expansion' blah blah... all that is irrelevant to what I am talking about here - SINGULARITY, where the machines completely take over, everything is optimized and monitored, humans become dead weight...
if the machines don't figure out that we are dead weight and they become our servant forever, we are talking about unlimited abundance where money won't even serve any purpose anymore.... this is the better outcome...
the worst case scenario is that machines do figure out humans are useless and they just terminate us all.
and by the way, in either outcome gold becomes useless and will be priced like iron/copper for industrial purpose only.
but before all this happens, there will be a transition period which most of us will not out-live... a transition period where money still serves a purpose and if you own MAGA you will be part of the upper class and enjoy unlimited virgins and boos.
that's the vision.
Sadly, dozu is likely correct. The Time Machine was a prediction of our future. People who get by on UBI are the Eloi and the upper class are the Morlocks who eat the Eloi.
Although, I believe that humans may create a second monetary source like has been done many times in history. Let the rich people have dollars while the commoners have... Greenbacks?
Helicopter money never left. It was just restricted to rich people
Another radical option under discussion is modern monetary theory, when governments create and spend as much money as needed, so long as inflation stays low.
Who do you think measures inflation and what would be the incentive to measure accurately?
so related to the post I just made, and to answer your question.... you can see the divide between the permanent upper and under class is already happening.
technology is making the transfer of wealth so fast (due to the transfer of information faster and faster), and a pyramid shape of wealth distribution will never create inflation the way measured by governments.
the upper class will (is already) having so much money that luxury goods might become more expensive, but the massive underclass will (have been) seeing flat earnings so the stuff covered by CPI won't go up by much.
besides the information flow, automation is the other big factor... which has caused the demise of the middle class more than global trade has.... machines won't ask for a raise or unionized pension benefits etc...
therefore inflation can't go up... and therefore printing more will be no problem... and therefore asset prices will rise more.
by the way look around the world, show me another asset class other than the SP500 that has such high quality and still forward yielding 5%....
good bonds are yielding 2% or less
prime real estate are yielding 1-2% on the rent.
I have been pounding the table that stocks, especially the qqq, is the only game in town..signs are showing that this game is heating up... it will be spectacular to see how it all unfolds.
so related to the post I just made, and to answer your question.... you can see the divide between the permanent upper and under class is already happening.
technology is making the transfer of wealth so fast (due to the transfer of information faster and faster), and a pyramid shape of wealth distribution will never create inflation the way measured by governments.
the upper class will (is already) having so much money that luxury goods might become more expensive, but the massive underclass will (have been) seeing flat earnings so the stuff covered by CPI won't go up by much.
besides the information flow, automation is the other big factor... which has caused the demise of the middle class more than global trade has.... machines won't ask for a raise or unionized pension benefits etc...
therefore inflation can't go up... and therefore printing more will be no problem... and therefore asset prices will rise more.
by the way look around the world, show me another asset class other than the SP500 that has such high quality and still forward yielding 5%....
good bonds are yielding 2% or less
prime real estate are yielding 1-2% on the rent.
I have been pounding the table that stocks, especially the qqq, is the only game in town..signs are showing that this game is heating up... it will be spectacular to see how it all unfolds.
You got it. Until the game is up. Not sure yet what would cause that. Loss of USD reserve status is a big one.
Although, I believe that humans may create a second monetary source like has been done many times in history. Let the rich people have dollars while the commoners have... Greenbacks?
won't really matter as the permanent upper class has control of all the guns and resources due to their ownership of the mega-techs... the permanent under class will be eating crumbs forever, if they are lucky and not eliminated..... I mean by that time what is even the meaning of existence of these useless creatures.
won't really matter as the permanent upper class has control of all the guns and resources due to their ownership of the mega-techs... the permanent under class will be eating crumbs forever, if they are lucky and not eliminated..... I mean by that time what is even the meaning of existence of these useless creatures.
https://www.breitbart.com/europe/20...st-proposes-cannibalism-fight-climate-change/
And don't forget: the kids are kept stupid by the public education system
You got it. Until the game is up. Not sure yet what would cause that. Loss of USD reserve status is a big one.
definitely, which is why it's crucial to keep China in check while it's already started the arms race in AI and Made in China 2025 and One Belt One Road economic/military expansion.
unless somehow globalization truly happens - not long ago ChinAmerica was a popular concept that somehow the 2 sides can have a happy marriage.... but this took a turn with the Trump election.
if China and the US de-couple more or less, we will see an AI cold war where the arms race will be no less severe than the US-Soviet cold war.... this remains to be seen.
nevertheless, the overall trend remains the same.... the mega techs will take over the entire economy.