• fartographer@lemmy.world
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    2 days ago

    Are we getting close enough yet to the hyperinflation stage of Nazi Germany for experts to consider this an issue?

    • N0t_5ure@lemmy.world
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      2 days ago

      Not quite yet, but as Trump increases his grip on the Federal Reserve, which should reach a tipping point when he appoints a new Chairman in May of 2026, you can bet 100% that monetary policy will hyperinflation on a level never before seen in the U.S… Expect >50% annual inflation level.

        • N0t_5ure@lemmy.world
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          2 days ago

          Buy real assets like gold and silver. There is a reason why they are near their all-time highs, and the general public hasn’t piled in yet. The current bull run has been largely driven by central bank purchases. When the shit hits the fan there will be exponential growth.

      • fartographer@lemmy.world
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        2 days ago

        Yippee!!! 50% increase! So you’re saying I should buy all the bread and eggs right now, store them until May of next year, and then I’ll be a billionaire, too???

        Me in December: this place smells like shit…

        • N0t_5ure@lemmy.world
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          2 days ago

          A better strategy is to buy real assets like gold and silver, which not only hold their value with inflation, but generally tend to explode in price as people wake up and pile in.

          • fartographer@lemmy.world
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            2 days ago

            Gold and silver are expensive compared to bread and eggs. You’re just jealous because I came up with the plan first!

          • prole@lemmy.blahaj.zone
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            2 days ago

            When people “wake up” and trade their paper for shiny metals with no real inherent value beyond maybe industrial uses.

            • N0t_5ure@lemmy.world
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              2 days ago

              Shiny metals have had value to men for the entirety of recorded history and across societies, perhaps originating in their desirability for jewelry, for which they are still in significant demand today. They have been used as money more or less since the advent of money.

          • ayyy@sh.itjust.works
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            2 days ago

            You people have been saying this for 100 years. It’s gonna be true aaaaaany day now…

            • SabinStargem@lemmy.today
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              2 days ago

              It was true during the Great Depression and the Weimer Republic. I think Trump’s profile would neatly slot into both of their shapes, if we are to predict the future.

      • fartographer@lemmy.world
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        2 days ago

        I worded my comment poorly. I’m including the rise of the Nazi party as a stage of Nazi Germany. I find the reaction to hyperinflation just as integral as the Beer Hall Putsch (which I often compare to J6) to the existence of Nazi Germany.

        I think Trumpler is trying to check all the same boxes and isn’t particular about the order.

        • Doomsider@lemmy.world
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          2 days ago

          One of the only things he has seriously studied in life is Nazism. He has always had an unquestionable fascination with Hitler. I wish I was making this up.

          So yeah, it would not surprise me if he and his cabinet are ticking off an all too familiar checklist.