robby
Photon Vampire
- Joined
- May 1, 2021
- Messages
- 4,117
I don't watch CNBC, CNN or Fox news, although I suspect you do watch a lot of Fox news and OWN.We are in the Off-topic AND Chit Chat sub forum. The original discussion around price increases is long done IMO.
That being said, we will see many more price increases, our inflation is off the hook, thanks to the Feds printing money like there's no tomorrow. And under this topic, it makes perfectly sense to talk about issues resulting from a possible hyper inflation.
I don't think some here understand what will happen when the US dollar loses its value, loses its world currency status, etc. We are sitting on a new housing bubble, a new stock market bubble, AND a debt bubble. When all that goes belly up, nobody will be listing to the Feds, or expecting any help.
Robby needs to drop certain mainstream media channels and find some raw data. I hear MSNBC, NPR and CNN through the cracks.
If you haven't figured out by now how biased and agenda driven those channels and big tech like Google and FaceBook are, you won't last a week in any EOD / SHTF situation.
Sadly I have to get most of my news from AP, Reuters, BBC, RT and NBC. It does not matter much anyway, as it's pretty easy to see when a story has an agenda, and Fox, OWN, CNBC and CNN are all about Agendas.
As for the FED printing money. I think every major country has been printing tons of money since Covid began.
What exactly do you think the US dollar is going to lose it's value against? Almost 80% of world trade is done in US currency! Do you think China wants Rubles when it sells goods to Russia or that Russia will accept a payment in Yens when it sells oil to China? If the US$ Tanks it takes every country with it as almost all of them even the despot countries keep their reserves in US$. Even the bloody Taliban kept their money in America!
Yes there is most certainly a Bubble in place right now and it's a huge one! I am not going to pretend to know how this will all fall out as this is completely new territory that we are in. The Bubble is literately happening in all sectors and in almost every country.