You get hyper-inflation when people lose confidence in the currency. We are not close to that yet. The majority of the people have no clue as to what is happening to money and markets. They just know stuff costs more.
I agree with you that the triggering event will be a collapse of the debt market, but the people on the other team know that. They are clever, so we should prepare for more shenanigans, and stay light on our feet.
It is important to differentiate between inflation and prices. It is hard to do as the two are mixed up all of the time by the media and even strategists that should know better.
Think of that velocity chart as a fireplace. The numerator is GDP, the denominator is the money (IOUs). The denominator is the kindling. The Fed has been growing the kindling exponentially. The fire on top only recently started.
Prices are the symptom, the IOUs are the disease. I completely agree with you that prices for different categories will go up and down. We have experienced that for decades.
Hyperinflation starts with hyper-growth of the kindling, but traditionally ends with a loss of faith in the underlying IOUs. That's when the prices go parabolic as people desperately dump the IOUs for anything real.
Thank you for your comment. The goal is to stimulate conversation, and Greg did his job!
Also, the GDP is distorted by several orders of magnitude due to the out of control currency creation. Mike Maloney's "Secrets of Money" series had a good summary of GDP in one of the videos. All the videos (from 15 years ago!) are MUST WATCH if you haven't done so already.
I wonder if that's true. Because I think the fundamentals of hyper inflation are what they are. What may be happening is people see the hyper inflation coming fundamentally at their ability to buy. They read the info, then panic, which accelerates the effects of hyper inflation, already in progress to panic levels.,
Nobody knows for sure, but hyper-inflation starts with asymptotic printing. Prices then follow suit.
Those of us who are concerned are completely a rounding error. That could change rapidly, but when is anyone’s guess. The vast majority is almost completely unaware other than experiencing the effects of this insanity.
Here's an interesting prediction from Aaron Brickmen on sunday: he says stocks will rise on mon-tues (correct) and then increasingly tank the rest of the month because the banking system is on the verge of collapse.
I'm one of those little lions who shares Greg everyday on social media and often write little articles featuring his work on Substack for people not into finance, but who think outside of the box. Trying to bring as many people into the stop the fed mindset with an alternative vision perspective as possible now.
Please read if you are interested. Need to know is this article on the political parties a thumbs up, or a please shut up, till I get it right?
Remember last housings crisis they were buying homes for pennies on the dollar and the Fed has stopped buying mortgage security I sure your mortgage is out there waiting on a buyer.
I'm not trying to be dense, but I just don't understand how it all works, yet! Why would I need to sell when we have a golden 30-yr fixed mortgage rate of 2.782%? I would understand getting underwater and needing to sell if I had an ARM, but why would I sell if I don't need to sell?
Not looking for a loophole, I'm just trying to learn! And your response is not the answer I expected from one in Greg's community of Lions! I thought we were all here to help each other! Pride and arrogance comes before a fall!
Amazing last part on point imo $$$ into rebuilding after planned destruction. Disaster capitalism , also used after weather warfare to make big profits for a select few.
Help me. Please.
Getting low on your meds Miggy?
Voting is the circus entertainment of Rome for the people today
You get hyper-inflation when people lose confidence in the currency. We are not close to that yet. The majority of the people have no clue as to what is happening to money and markets. They just know stuff costs more.
I agree with you that the triggering event will be a collapse of the debt market, but the people on the other team know that. They are clever, so we should prepare for more shenanigans, and stay light on our feet.
There will be a deflationary period in SOME assets at the end of the inflationary period.
The whipsaw into full blown hyperinflation will be fast though.
Not exactly dummy.
It is important to differentiate between inflation and prices. It is hard to do as the two are mixed up all of the time by the media and even strategists that should know better.
Think of that velocity chart as a fireplace. The numerator is GDP, the denominator is the money (IOUs). The denominator is the kindling. The Fed has been growing the kindling exponentially. The fire on top only recently started.
Prices are the symptom, the IOUs are the disease. I completely agree with you that prices for different categories will go up and down. We have experienced that for decades.
Hyperinflation starts with hyper-growth of the kindling, but traditionally ends with a loss of faith in the underlying IOUs. That's when the prices go parabolic as people desperately dump the IOUs for anything real.
Thank you for your comment. The goal is to stimulate conversation, and Greg did his job!
Also, the GDP is distorted by several orders of magnitude due to the out of control currency creation. Mike Maloney's "Secrets of Money" series had a good summary of GDP in one of the videos. All the videos (from 15 years ago!) are MUST WATCH if you haven't done so already.
https://youtu.be/P4_1pwsm5LY?t=428
Inflation refers to CURRENCY inflation. Period. More currency chasing limited/less goods results in high prices.
https://www.azquotes.com/picture-quotes/quote-inflation-is-always-and-everywhere-a-monetary-phenomenon-in-the-sense-that-it-is-and-milton-friedman-70-30-98.jpg
I wonder if that's true. Because I think the fundamentals of hyper inflation are what they are. What may be happening is people see the hyper inflation coming fundamentally at their ability to buy. They read the info, then panic, which accelerates the effects of hyper inflation, already in progress to panic levels.,
Nobody knows for sure, but hyper-inflation starts with asymptotic printing. Prices then follow suit.
Those of us who are concerned are completely a rounding error. That could change rapidly, but when is anyone’s guess. The vast majority is almost completely unaware other than experiencing the effects of this insanity.
You don't know what you're talking about.
Creating a reality like rats 🐀 in a cage government sets the stage and the people act it out
Here's an interesting prediction from Aaron Brickmen on sunday: he says stocks will rise on mon-tues (correct) and then increasingly tank the rest of the month because the banking system is on the verge of collapse.
https://www.naturalnews.com/2022-10-03-aaron-brickmen-cycles-perfect-storm-stock-market-crash.html
Why is your name CK_?
Don't you know how to be normal like everyone else?
Chick Killer
Last 3 months of the year if you haven’t made money you won’t big boys are counting bonuses and putting a gold chain around some lady neck
Hi Greg and Lions
I'm one of those little lions who shares Greg everyday on social media and often write little articles featuring his work on Substack for people not into finance, but who think outside of the box. Trying to bring as many people into the stop the fed mindset with an alternative vision perspective as possible now.
Please read if you are interested. Need to know is this article on the political parties a thumbs up, or a please shut up, till I get it right?
https://iruur1.substack.com/p/nature-of-political-parties-natural
Thanks
The article ends with today's video in full
During hyperinflation, what happens to those of us who have 30-year fixed mortgage payments?
Black Rock
I apologize, but I do not understand your cryptic message. Are you saying Black Rock will end up owning my home?
Remember last housings crisis they were buying homes for pennies on the dollar and the Fed has stopped buying mortgage security I sure your mortgage is out there waiting on a buyer.
I'm not trying to be dense, but I just don't understand how it all works, yet! Why would I need to sell when we have a golden 30-yr fixed mortgage rate of 2.782%? I would understand getting underwater and needing to sell if I had an ARM, but why would I sell if I don't need to sell?
You don’t under normal circumstances but hyper inflation changes everything nature of the beast I’m sure it’s in the small print
Why can't I just keep paying the mortgage and not sell it?
Pressure if you can handle it keep holding on but remember they make the rules and now their ain’t no rules but bag holding
Go to Chuck Barone Greg friend for the answer good luck
You get a break- because paying back the loan is easier. But they can simply crank up your property tax.
But then wouldn't paying the higher property tax also be paid in cheaper dollars, as the currency becomes worth-less?
You’re right if the government cbdc not here face it loopholes are are for the wealthy you got 30 years to try to figure the rig game out
Yes- but they can arbitrarily jack up the property tax to make up for the majority who can't afford their homes anymore.
Old Franco looking for loopholes
Not looking for a loophole, I'm just trying to learn! And your response is not the answer I expected from one in Greg's community of Lions! I thought we were all here to help each other! Pride and arrogance comes before a fall!
It would, the problem is they don't hand out enough wheelbarrows full of it to pay the tax.
🤣😂 all bases covered
Got all bases covered in this wicked world
Thank you, Gypsy man!
my estimates point to 4.56 peak inflation on the 10yr next yr. the fed will bring it back to 3.5 for now.
So is cash going to flood the stock market now because of the money flowing up ????
There is no deflation, only inflation. Truth.
thanks, yes I agree and I stack gold,silver and sumcoin. o and the stock market but its a scam
thanks .....surfdaddy
Thanks Gregory 👍
Inflation and CPI not the same thing. Manipulated CPI can keep going down but inflation most definitely going up.
Besides being totally made up garbage, the CPI doesn't factor in everyday expenses such as insurance and bills.
🤣😂 who the hell is looking at cpi let me know what a crap 💩 show
thanks Greg!!!
Use your head.
Amazing last part on point imo $$$ into rebuilding after planned destruction. Disaster capitalism , also used after weather warfare to make big profits for a select few.
🤣😂 same old song and dance most corrupted country in the world Ukraine America pie