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Re: Michael Burry Warns Weimar Hyperinflation Is Coming 

By: Decomposed in 6TH POPE | Recommend this post (1)
Tue, 23 Feb 21 8:16 AM | 77 view(s)
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Msg. 13134 of 60008
(This msg. is a reply to 13133 by capt_nemo)

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Nemo:

Re: “I truly cant believe it hasn't happened yet!!!!!!!!!!!”
I'm just hoping it holds off until my massive expenditures are past. I still have a ton of home-related buying to do: Insulation, flooring, appliances, sheetrock, electrical, roofing, plumbing, heating, siding. Ghaaa. It's making me feel ill just thinking about it. Hyperinflation would absolutely kill me if it came this year.

After this year, my expenses plummet and I should be better off than the average American. After all, the best thing a person could do before hyperinflation kicks in is to have spent all of his money on "things" - preferably things that are useful and/or hold their value. And the worst thing a person can do is to have all of his wealth stored in a currency-denominated form. That's what makes formerly wealthy people seek tall buildings to jump from.

Speaking of spending all your money on "things," where is Angie these days? She's been awfully quiet... for a female. She must be up to no good. I never did hear how she likes my Jack-in-the-box tacos.








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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months


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The above is a reply to the following message:
Re: Michael Burry Warns Weimar Hyperinflation Is Coming
By: capt_nemo
in 6TH POPE
Tue, 23 Feb 21 8:12 AM
Msg. 13133 of 60008

We are there now. The only question is when do we enter the exponential currency collapse phase.


I truly cant believe it hasn't happened yet!!!!!!!!!!!


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