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Topic: "Prepare for deflation in 2023" - page 2. (Read 1378 times)

legendary
Activity: 2632
Merit: 1172
October 31, 2023, 04:48:16 PM
#90
That's obviously a statement you don't hear many people say, but if we review the history of the cabal that decides if they should implement QE or QT, the cabal has the susceptibility to over-adjust in one side causing inflation, and probably deflation after over-tightening. When one act causes an outcome, they over-adjust to stop the outcome, which causes the opposite outcome.

I'm not an economist, but if deflation happens in 2023 that causes further recession, what would the Federal Reserve do? MAXIMUM ORDERS OF BRRR-MONEY PRINTING.

Prepare to experience a big surge for Bitcoin like it was 2015 - 2017 Cool

Deflation would be welcomed by many people considering the huge inflation in the last year that has effected everything from food, to furniture, to clothing, to fuel. If we stepped back a couple years people were making all sorts of predictions but you can guarantee that very few people were guessing accurately. Even the best experts in the world, central bankers and organizations like the IMF, wouldn't really like to admit that they often don't have a clue what the future holds. The Ukraine war came out of nowhere and triggered a bunch of consequences that nobody could have foreseen before. Who know's if a wider war in the Middle East would cause even more economic chaos for the whole world?
STT
legendary
Activity: 3878
Merit: 1411
Leading Crypto Sports Betting & Casino Platform
October 31, 2023, 01:47:39 PM
#89
I dont disagree deflationary effects can occur but ultimately we already know what side the bias is because Dollar will weaken drastically over the following decades.   Reason being deflation would relate to debt default or extreme taxation and confiscation, its possible but I dont imagine that occurs vs further dilution of the dollar monetary base value.


In next 3 years over half of treasury debt must be renewed or paid off.  There is no surplus just a continual deficit:
https://youtu.be/dt6a063Sdzk
Its not new, its been said before but presently Gov is borrowing 8.6bn a day.  The interest paid now yearly is higher then the total amount owed in previous decades.  If Volcker was here we'd end up with 15% interest rates perhaps and a ton of pain or deflation as mentioned but almost nobody would or could act like Volcker did 40 years ago and the more obvious path is dollar halves in value yet again.  I think another commentator mentioned inflation over the last 3 or 4 years has been about 50%, I should have saved the timestamp but these estimates and statements arent extreme just normal now.

Quote
there must be overproduction
Excess supply vs demand but we have rising demand in energy and its structural to economies growing faster then the west.
legendary
Activity: 4102
Merit: 7765
'The right to privacy matters'
October 31, 2023, 01:18:08 PM
#88
Higher energy prices lead to higher prices for the rest of the products and for shipping. For prices to fall and deflation to occur, there must be overproduction of at least oil, but the oil cartel has reduced oil production. Therefore, I personally do not see any conditions for the onset of so-called deflation at the moment


It's not that simple because overproduction also has a cost. If you increase production, the producer has to spend more for more employees, spend more for logsitics, more output, more for storage, which are also inflationary. Plus never forget that there never was inflation in any form that did not expand the money supply. It has ALWAYS been a monetary phenomenon.

Well you did push a btc rise in the opening post so you were spot on with that.

Eggs got cheap by me. but most every other food went up in price. Along with many other items.
legendary
Activity: 2898
Merit: 1823
October 31, 2023, 01:05:11 PM
#87
Higher energy prices lead to higher prices for the rest of the products and for shipping. For prices to fall and deflation to occur, there must be overproduction of at least oil, but the oil cartel has reduced oil production. Therefore, I personally do not see any conditions for the onset of so-called deflation at the moment


It's not that simple because overproduction also has a cost. If you increase production, the producer has to spend more for more employees, spend more for logsitics, more output, more for storage, which are also inflationary. Plus never forget that there never was inflation in any form that did not expand the money supply. It has ALWAYS been a monetary phenomenon.
legendary
Activity: 1750
Merit: 1152
September 28, 2023, 03:57:36 PM
#86
Higher energy prices lead to higher prices for the rest of the products and for shipping. For prices to fall and deflation to occur, there must be overproduction of at least oil, but the oil cartel has reduced oil production. Therefore, I personally do not see any conditions for the onset of so-called deflation at the moment
legendary
Activity: 4102
Merit: 7765
'The right to privacy matters'
September 28, 2023, 12:30:30 PM
#85


Well making a contrary prediction back in Jan of 2023 was bold . It looks like it was and will continue to be wrong. Inflation will stick around maybe till 2025.
full member
Activity: 322
Merit: 113
Sinbad Mixer: Mix Your BTC Quickly
September 28, 2023, 12:18:58 PM
#84
The threat of a recession of the global economy makes us have to be vigilant, not too easy to waste money for useless things such as parties, culinary, tourism and so on, it's better to immediately prepare with investment, no problem even though the value we think is lost, and cryptocurrencies are worth us Make a portion of investment because of a large profit potential.

People sometimes don't think about investment but they spend all amount they earned therefore when they need some amount immediately then they don't have any cash. If people have an idea that anytime inflation can reach to its peak then they will never use their money in anything which have no value and also they will use their maximum part of income as investment.

 If you have make investment and at any stage of life you don't want to do job then the others investment will help you and will act as a great support for you. With minimum cost you cannot create any business but when you invest some amount on monthly or annual basis then you will be able to use this large sum for creation of any business idea.
full member
Activity: 378
Merit: 189
September 26, 2023, 01:24:46 PM
#83

Prepare to experience a big surge for Bitcoin like it was 2015 - 2017 Cool

I don't think anything like that will happen.The fact is that the consequences of Russia's separation from the world economy have already passed. The import and export chains in the world have normalized and everyone has found new reliable suppliers. Someone shifted to India and China, someone became closer to cooperate with Europe. All the consequences have already passed. Yes, the US Federal Reserve system loves to print money without it, which is not provided with anything. And of course, this affects the global economy, but not so much that bitcoin is in a strong movement.
There is no scene of deflation in USA. When Covid was in wave, many industries struggle a lot. Many industries have to stop their work, because there was no orders, they did not work in advance. So they have to clear industries and they push many employees into unemployment. That was a worse situation, there was a inflation, there are no chances of deflation because in USA services in goods price will go up due to inflation. There is no institution or government that will bend deflation to their side and inflation to other side. Deflation happens, when inflation is below 0 percent mean to say -0 percent that is practically not possible. When inflation affects one country, others countries are also affected by this. Because every country import and export things, their currency uses in other countries for trading.
hero member
Activity: 2268
Merit: 581
July 25, 2023, 02:30:30 PM
#82
The threat of world economic recession makes us be vigilant, many countries report slow economic inflation and growth so that it can make us poor, the easy step we have to take from now is trying to find other sources of opinion, if we work 5 days per week then we can Use the remaining 2 days to get additional income.
Why only 2 days? Someone who works only 8 hours a day can easily make some time to do a part-time job if they really want to earn some extra money, even if you have a family and have to give them time too, you can still have some time to spare that you can use for a secondary income, the best way is to learn some skill that you can use to do a job from home only to earn a few bucks every day, it can be a good way to at least have some extra savings every month.

Those who work extra hours, like more than 10, cannot do anything like this, and they will have to look for other jobs that can give them a bit more freedom so that they can do something else as a part-time job to earn some extra cash, if they don't want to do that, they might face problems in the future.
hero member
Activity: 1330
Merit: 687
Arts & Crypto
July 25, 2023, 11:03:31 AM
#81

Prepare to experience a big surge for Bitcoin like it was 2015 - 2017 Cool

I don't think anything like that will happen.The fact is that the consequences of Russia's separation from the world economy have already passed. The import and export chains in the world have normalized and everyone has found new reliable suppliers. Someone shifted to India and China, someone became closer to cooperate with Europe. All the consequences have already passed. Yes, the US Federal Reserve system loves to print money without it, which is not provided with anything. And of course, this affects the global economy, but not so much that bitcoin is in a strong movement.
hero member
Activity: 2506
Merit: 576
July 25, 2023, 10:12:51 AM
#80
I agree, of course it's a good thing. However, usually when prices goes down it wouldn't be as drastic like how it went up. Essentially, it wouldn't be as dramatic of a change as inflation goes where we can actually feel it the moment it hits. But this, of course, does not necessarily mean thag it's a bad thing.
Decreases and increases that are not drastic usually only occur temporarily, so it is not worth saying that it is bad and it doesn't have to be called good either. Because things that happen temporarily are caused by ordinary factors that can affect prices in the market tend to change just a little bit, but in terms of inflation I see the effect can be a little bigger because almost the whole world can feel it even though everyone has their own way of dealing with it with their own methods.
full member
Activity: 770
Merit: 106
July 25, 2023, 10:01:39 AM
#79
The Federal Reserve is now watching the markets closely, and the continuity of withdrawing liquidity for a long period will accelerate avoiding deflation. It is easy to pump liquidity, but it will make it difficult to reach “healthy” inflation during the current fiscal year.

I am afraid of what is happening in China. The last thing we are waiting to see now is the return of  COVID19 with a good mutation, which means more health restrictions.
And the war that is taking place in Ukraine and the lack of control over it.
The energy crisis and its problems, especially with the European economy.

So we have enough problems to fear deflation

It may not happen that we will return to covid19 again, because we have seen its effects and effects all over the world and that is not good. After all, we haven't fully recovered after several years of pandemic.
Then I don't think the FED will let that happen, as long as they find a solution, they are for sure already doing it and preparing to not lead to such a situation.
sr. member
Activity: 1190
Merit: 296
July 25, 2023, 09:39:21 AM
#78
Various economists believe that 2023 may see the most inflationary event. Many countries have already been warned of inflation in 2023. There are many developing countries that may suffer the most inflation. We cannot ignore the phenomenon of inflation, only those who have experienced such incidents know how much of a threat inflation is to the economic system of a country. Since inflation is already being predicted, we should be alert about it in advance. I think the governments of every country should be aware of this and plan how they will deal with inflation during inflation. The government should conduct awareness campaigns as well as awareness campaigns so that people can be prepared for this issue.
legendary
Activity: 3542
Merit: 1352
Excel is fun
July 25, 2023, 09:14:26 AM
#77
Many think that in 2023 there will be deflation, if this is true, of course it is a better thing than inflation which is very difficult, in my country deflation is very rare, since I was in high school and knew economics lessons and saw the economic history in my country then only deflation occurred several times in agricultural products, apart from agricultural products, this has never happened.

I agree, of course it's a good thing. However, usually when prices goes down it wouldn't be as drastic like how it went up. Essentially, it wouldn't be as dramatic of a change as inflation goes where we can actually feel it the moment it hits. But this, of course, does not necessarily mean thag it's a bad thing.
full member
Activity: 1092
Merit: 227
July 14, 2023, 10:34:14 AM
#76
I don't think it is as easy as you have depicted it here. You mean to say overgrowing of the inflation will reverse the outcome of inflation turn the situation into deflation again? Just like that? I am pretty sure that is not what happens if something is overgrown. The outcome of inflation won't reverse on itself but it will turn the economy upside down leading to worst economic crisis we have ever seen. With the increased federal debts and national reserves for various countries getting depleted or becoming hard to manage due to increased dollar to local currency value, its gonna get worst if nothing is controlled.

But we should know that everything depends on the major factors like how FED is going to regulate the interest, what are the methodology behind the overcoming of unemployment, increased rates and much more.


Quote
To all those people in the topic who mentioned that inflation is still high in their particular countries/regions, my reply for that I would say wait for two things.
- Aggressive rate hikes that would bring forth Deflation or a Recession
OR
- Aggressive price increases which would bring forth Stagflation, then rate hikes, then a Deflation + Recession AKA Depression
OR
The Cabal responsible for your country's monetary system might be "wizards" and everything will be solved without any serious issues. Haha.

That is definitely magical if it happens. But we all know the burden is on us, the tax payers always hit hard with such hikes. Cost of living is off the roof right now. For them it might be magical wand, for us it's grim reality.
legendary
Activity: 2898
Merit: 1823
July 14, 2023, 03:46:35 AM
#75
To all those people in the topic who mentioned that inflation is still high in their particular countries/regions, my reply for that I would say wait for two things.

- Aggressive rate hikes that would bring forth Deflation or a Recession

OR

- Aggressive price increases which would bring forth Stagflation, then rate hikes, then a Deflation + Recession AKA Depression

OR

The Cabal responsible for your country's monetary system might be "wizards" and everything will be solved without any serious issues. Haha.
sr. member
Activity: 1722
Merit: 252
July 13, 2023, 11:41:40 PM
#74
The threat of world economic recession makes us be vigilant, many countries report slow economic inflation and growth so that it can make us poor, the easy step we have to take from now is trying to find other sources of opinion, if we work 5 days per week then we can Use the remaining 2 days to get additional income.
full member
Activity: 1526
Merit: 111
Pepemo.vip
July 13, 2023, 02:11:41 AM
#73
in my country, the price of goods and services is skyrocketing and there's no sign of when it's going to be over.
It's same experience in almost every countries of the world there has been a constant increase in prices of goods and services mostly foodstuffs. And this inflation is more worsen in countries that are consumption-based- countries as they have to import more of whatever they need thereby spending 2x higher on commodities than what a person in a  production/industrial country would. The worse part about this whole inflation crisis is that no one knows when it's going to end, that's if it will finally end.  Huh
I as an employee really feel it, where the price of goods rises so I have to be good at managing finances, therefore for now I'm looking for additional work to cover the daily economic shortfalls, besides that I also have to think about investing that is not affected by inflation. as the head of the family bears the burden for the welfare of family members despite the various obstacles currently being experienced, I don't think this will end if the government continues to maintain fiat
legendary
Activity: 3066
Merit: 1101
Leading Crypto Sports Betting & Casino Platform
July 12, 2023, 07:41:19 PM
#72
in my country, the price of goods and services is skyrocketing and there's no sign of when it's going to be over.
It's same experience in almost every countries of the world there has been a constant increase in prices of goods and services mostly foodstuffs. And this inflation is more worsen in countries that are consumption-based- countries as they have to import more of whatever they need thereby spending 2x higher on commodities than what a person in a  production/industrial country would. The worse part about this whole inflation crisis is that no one knows when it's going to end, that's if it will finally end.  Huh

if you look at that kind of scenario, you will be overwhelmed by the situation. so not to panic or get the feeling of anxiety, just think of what you can do to ease the burden of this situation. find ways on how to save from your everyday expenses. just an example, if you think solar panels can help you in lowering down the cost of your electricity bill, then start thinking of investing on this. it may incur you bigger expenses at the start but later on, you will reap the rewards of having solar panels installed on your roof. don't buy unnecessary things that will just pile up in your storage area. in short, why not start living frugally?
full member
Activity: 504
Merit: 198
If bitcoin be for me...
July 12, 2023, 05:49:24 PM
#71
in my country, the price of goods and services is skyrocketing and there's no sign of when it's going to be over.
It's same experience in almost every countries of the world there has been a constant increase in prices of goods and services mostly foodstuffs. And this inflation is more worsen in countries that are consumption-based- countries as they have to import more of whatever they need thereby spending 2x higher on commodities than what a person in a  production/industrial country would. The worse part about this whole inflation crisis is that no one knows when it's going to end, that's if it will finally end.  Huh
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