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Predictions thread.


               
2022 Sep 12, 2:18pm   98,903 views  512 comments

by Eric_Holder   follow (0)  

Here I will collect bold predictions so we can see what came true and what didn't.

It goes without saying that everybody is welcome to add their favorite predictions.

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509   MolotovCocktail   2026 Jan 2, 10:22pm  

HeadSet says

So if welfare handouts are increased that would not be inflationary since the money came from taxes? Money is fungible, handing out cash drives up prices no matter where you claim the money came from.


????

Inflation is simply increasing the money supply. It is not the price rises that come later. Basic Econ 101.

While most inflation causes price increases down the line unless production of effected goods & services are likewise increased, that doesn't mean most price increases are caused by inflation. If demand for something suddenly rises or production of it suddenly drops, prices rise regardless of the amount of money is in circulation.

So yes. When government robs Peter to give Paul goodies via taxation or future taxation because of debt raised instead - and that pushes up prices for those goodies - that's not inflation.

"All reparations is gonna do is make Cadillac the #1 car dealer in America." - from Barbershop
511   SharkyP   2026 Jan 3, 11:10am  

I predict the Buckeyes will win the National Championship in 2026.
512   RWSGFY   2026 Jan 3, 11:43am  

Billionaire Oleg Deripaska fears that by seizing control of Venezuela's oil reserves, the Americans could devastate Russia's budget revenues.

"If our American 'partners' get to Venezuela's oil fields (and they've already got to Guyana's), they'll control more than half of the world's oil reserves. And apparently, their plan is to ensure that the price of our oil doesn't rise above $50 per barrel," Deripaska wrote on social media.

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