• 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.

    • 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!

        • 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.

        • 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.

      • 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.