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I'm starting to think DEFLATION is coming
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2021 Jul 16, 11:39am 7,716 views 115 comments
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108
komputodo
2021 Aug 13, 10:49pm
komputodo
2021 Aug 13, 10:49pm
Patrick says
yes....selling farmland to real americans who have our interests at heart, like bill gates, and to the saudi's, is a much better option than selling it to chinese investors.
They've already sold the country to China by outsourcing almost all US manufacturing to them.
But yes, selling our farmland makes it worse. At least we can take it back easily.
yes....selling farmland to real americans who have our interests at heart, like bill gates, and to the saudi's, is a much better option than selling it to chinese investors.
109
komputodo
2021 Aug 13, 10:51pm
komputodo
2021 Aug 13, 10:51pm
SumatraBosch says
An asphalt or concrete driveway?
There is no reason a 3/2 in Vallejo shouldn't be valued at $500 million if it has a driveway.
An asphalt or concrete driveway?
110
komputodo
2021 Aug 13, 10:53pm
komputodo
2021 Aug 13, 10:53pm
NuttBoxer says
You mean the ones that signed contracts with big corporations and got fucked?
A farmer isn't going to be trading you food for gold either, but since farmers on average are in debt about $1 million, they will trade for dollars.
You mean the ones that signed contracts with big corporations and got fucked?
111
komputodo
2021 Aug 13, 10:55pm
komputodo
2021 Aug 13, 10:55pm
joshuatrio says
You mean people will stop buying massive amounts of food and actually start losing some weight?
At some point, people can't keep up with the rising prices and quit buying. Wouldn't that naturally lead to deflation?
You mean people will stop buying massive amounts of food and actually start losing some weight?
112
komputodo
2021 Aug 13, 11:05pm
komputodo
2021 Aug 13, 11:05pm
joshuatrio says
People will keeps spending every penny they have and have their CC's maxed out too...even if its for less products...Corps don't need to sell more products to make money. They can just cut costs...sell bonds or borrow cheap money and do stock buybacks...makes the management and stockholders richer...everyone is happy except the poor schmucks who got fired.
At some point, people can't keep up with the rising prices and quit buying. Wouldn't that naturally lead to deflation? I know the fed can print indefinitely, but if people refuse to spend, I think we'd still have a downward slope in prices.
People will keeps spending every penny they have and have their CC's maxed out too...even if its for less products...Corps don't need to sell more products to make money. They can just cut costs...sell bonds or borrow cheap money and do stock buybacks...makes the management and stockholders richer...everyone is happy except the poor schmucks who got fired.
113
Onvacation
2021 Aug 14, 8:18am
Onvacation
2021 Aug 14, 8:18am
komputodo says
Microsoft Bill? The one that wants to reduce the world's population? That Bill Gates?
real americans who have our interests at heart, like bill gates,
Microsoft Bill? The one that wants to reduce the world's population? That Bill Gates?
114
komputodo
2021 Aug 14, 9:38am
komputodo
2021 Aug 14, 9:38am
Onvacation says
Yeah, that patriot who has our best interests at heart.
komputodo saysreal americans who have our interests at heart, like bill gates,
Microsoft Bill? The one that wants to reduce the world's population? That Bill Gates?
Yeah, that patriot who has our best interests at heart.
115
Patrick
2021 Aug 14, 10:19am
Patrick
2021 Aug 14, 10:19am
https://spectatorworld.com/topic/google-war-home-workers-inevitable/
Google is cutting salaries of people who work from home, which sounds deflationary to me.
Google is cutting salaries of people who work from home, which sounds deflationary to me.
Google, the company that quietly dropped ‘don’t be evil’ from is corporate goals — possibly because it thought it might be just a trifle misleading — has suggested that some of those who opt to work from home could have their pay cut. According to reports from the United States, salaries might be docked depending on where you live and choose to work. And, in truth, there is not much anyone can do about it.
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At some point, people can't keep up with the rising prices and quit buying. Wouldn't that naturally lead to deflation? I know the fed can print indefinitely, but if people refuse to spend, I think we'd still have a downward slope in prices. Additionally, with the "supply" shortages caused by government paying people to stay home, I would assume these shortages would stop once people start going back.
Ourselves and people in our neighborhood pretty much said "fuck it" to all projects that required lumber, and we're seeing those prices starting to come back down. I think we'll see the same with car prices and most other commodities.
Here was a good article on what I feel is starting to happen:
https://www.zerohedge.com/markets/hangover-here-explosive-inflation-leads-record-collapse-home-car-purchase-plans
I was gung ho on buying real estate the other month, but I've had some people who own hundreds of rentals tell me last month to wait 3-6 months minimum, as they expect prices to start falling.