severestorm
Member
Okay, then normalized it would would be 1,299,960%.Yea except for the inflation running between 20 and 40% for the decade before.
Okay, then normalized it would would be 1,299,960%.Yea except for the inflation running between 20 and 40% for the decade before.
Your comparison between US and Venezuela sucks. But I get it, you think the US economy is going to end and we will all be eating dogs soon.Okay, then normalized it would would be 1,299,960%.
You do you and I do me. I'm going into physical gold and silver. Enjoy your paper monopoly money LOLYour comparison between US and Venezuela sucks. But I get it, you think the US economy is going to end and we will all be eating dogs soon.
Ok, I'll be anxiously waiting for my 13,000% inflationYou do you and I do me. I'm going into physical gold and silver. Enjoy your paper monopoly money LOL
It’s funny that we have the tools to fight record inflation but our fed won’t fix the problem they created for fear of pissing off the wealthy. Raise rates. And not .25% at a time. For an indefinite period. They need to do it and be done with it.There is a huge difference between the US economy and Venezuela. Also, inflation here is 7% or so. Venezuela was 56% in 2013 and 863% in 2017. This is a really bad comparison.
Something going to give...we can't have housing prices parabolic with rates increasing like this too. There is a probably a lot of folks like me...sitting on a 3% mortgage rate and pretty much stuck as my payment is so cheap.
Closed out FB yesterday in the mid $117's....started back up today in the mid $114's. Will keep adding. Looks great for such a tech sell off today.
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It's part of the good cop bad cop routine like I said the other day, so they can at least claim that they're trying to maintain credibility. They are obviously going to end up on the least hawkish path they can afford to take. 10 years ago, you might could have convinced me differently. Not anymore. Their mission has become more than obvious. But it's cute how they still pretend.Bullard is the most Hawkish person in the world lol
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As i always say inflation is the way the rich tax the poor so the elite can thrive.It's part of the good cop bad cop routine like I said the other day, so they can at least claim that they're trying to maintain credibility. They are obviously going to end up on the least hawkish path they can afford to take. 10 years ago, you might could have convinced me differently. Not anymore. Their mission has become more than obvious. But it's cute how they still pretend.
Something going to give...we can't have housing prices parabolic with rates increasing like this too. There is a probably a lot of folks like me...sitting on a 3% mortgage rate and pretty much stuck as my payment is so cheap.
Anyone who got an ARM after what happened in 2008 had it coming.Can you imagine how the butts of people with ARM loans are tightening?
Mohamed A. El-Erian, President of Queens' College, Cambridge has great insights to what's happening currently
Ideally, I would like to see a nice sized gap down...we chop around until early afternoon and then start a rally into Friday. Definitely don't want to see a gap up tomorrow, makes it much tougher.
Lol I still have this. Bought for $76. Now at $1,100. The ole accidental 15 bagger.So last week I tried to sell a call against my CLF shares... I guess I accidentally bought a call. Up 600%. Always inverse yourself ?
These things never happen to me, I've banished myself from options for another 12 months lolLol I still have this. Bought for $76. Now at $1,100. The ole accidental 15 bagger.
Inverse your instinctsThese things never happen to me, I've banished myself from options for another 12 months lol
My question is how do you inverse yourself if you have no confidence in either market direction?Inverse your instincts