It's both risky and can be profitable actually. Of course trading activity implies risks and profits, however as for hyperinflation these risks are very high. The national currency is getting weak gradually and it leads to hyperinflation. Actually, when a country faces such times, when there is a huge depreciation of national currency, it's a good opportunity for traders to trade short with currency pairs, which include this currency. However, hyperinflation is inherent to weak states and their currency isn't in demand in trading community as a rule, for example, Venezuela, I don't tihk bolivar is in demand actually.
Trading during hyperinflation/hyperdebasement
- Thread starter Newc2
- Start date
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OK;
but WSJ had a chart > 52 weeks ago, KO sales of bottled water passed sugar water junk drink/ sales LOL......................................................................................
IN US many places\ city water is still free; even though some may frown if you stick a hose in a water fountain + fill up a 55 gal drum/LOL
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RAIN water + creek is still free; but to be on the safe side i boil creek water. Ammo, some food \ gas \ prices have slowed+ canned goods / have gone down. EMPTY[ammo] brass has done a skyrocket/ but as the Fed says\ ''transitory'' most likely.
I dont buy tampons@ this time; but female REALTOR gave me a free bottled water
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I dont buy tampons@ this time; but female REALTOR gave me a free bottled water
On this comment I did a double-take. The hell do tampons have to do with inflation, and female realtors giving you bottled water?!? Wha? lol
You smoking that funny stuff today methinks.
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My first thought murray,%%
OK;
but WSJ had a chart > 52 weeks ago, KO sales of bottled water passed sugar water junk drink/ sales LOL......................................................................................
IN US many places\ city water is still free; even though some may frown if you stick a hose in a water fountain + fill up a 55 gal drum/LOL
RAIN water + creek is still free; but to be on the safe side i boil creek water. Ammo, some food \ gas \ prices have slowed+ canned goods / have gone down. EMPTY[ammo] brass has done a skyrocket/ but as the Fed says\ ''transitory'' most likely.
I dont buy tampons@ this time; but female REALTOR gave me a free bottled water
water + tampons = a tea for the vampire.
There are, ofcourse ways to avoid inflation.
Even Mark Cuban said that buy tons of stuff that has no ,,best till" data, (once it's a sale) and save this way.
But a year before i found the markets, there was this book ,,Rich & Poor : Two Mindsets" & a line from it, stuck with me :
,,Where's the poor is looking for ways to save more, the rich one is thinking about how to earn more"
Thus i don't pay any attention to inflation.
LOL, its not really a complex pattern;
Nobert mentioned inflation, tampons, bottled water.
Sorry i dont buy many tampons , so i cant comment on any price trend on that. I did ask a friend of mine 'ONCE'' LOL,if she was on her period=icy, global cooling came suddenly in that room/moving right along now.........
Since Russia is just over 3% of the world's GDP, who cares if they "stop accepting USD"?
About 20% of China's exports go to the U.S. They kind of want to keep selling that crap here, and if they refuse to accept U.S. currency they no longer get to sell it. We're out a bunch of Chinese crap, they're out 20% of their economy. Seems like a rather stupid decision on their part, especially given that they've been actively devaluing their currency for years in order to maintain that trade level so they obviously see it as crucial. At best for them it's mutually assured economic destruction, but in reality I think they would be hurt much more by it than the U.S. What makes you think they would do this, what would their economic reasoning be, and how is that consistent with their reasoning of the past several decades?