What inflation lol?? | Bitcointalksearch.org

tyz

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Quote from: cryptoboss2020 on December 06, 2020, 11:35:55 AM

Quote from: tyz on December 06, 2020, 11:27:42 AM

I don't know the inflation of the US but the European Union inflation rate was -0,3% for the last quarter, so basically we have deflation. But that's no wonder. When there is less demand, producers and traders have to lower their prices in order to find buyers. On the other hand, there is strong asset inflation. When you look at stocks, precious metals, and crypto, there is tremendous inflation. So it is more of a view of whether there is inflation or not.

We dont need to look the numbers!!
Let's look the real life, in fact many people are looking for money!!
Inflarion are just right Now the smoke and mirrors talking.
Money is Now the most we need

Of course, but people always need money, regardless of whether inflation is high or low. Sure, if inflation is high, more people will probably need money. I don't really understand your post in relation to the opening post.

Wind_FURY

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Quote from: cryptoboss2020 on December 04, 2020, 09:09:46 AM

I know I need money becouse my 1$ will be worthed 10$ next year.

Your $1.00 invested in Bitcoin will more than $10.00, if indeed your $1.00 will be worth $10.00 next year. Cool

A troll for a troll.

Quote

Becouse Biden have no Plan to create more dollars like Trump did it.

I believe it's not just the president's decision, but the Keynesians who control the Federal Reserve, the banks and the U.S Government.

cryptoboss2020

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Quote from: CypherThoreau on December 06, 2020, 01:36:12 PM

If you haven't seen the real impacts of wage stagnation, the impact of inflation, or wealth inequality I highly suggest taking a loot the blog: https://wtfhappenedin1971.com/

“I don’t believe we shall ever have a good money again before we take the thing out of the hands of government, that is, we can’t take it violently out of the hands of government, all we can do is by some sly roundabout way introduce something that they can’t stop.” – F.A. Hayek 1984

Lol thats why the government has military for people like you who might think will take power from government.

CypherThoreau

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If you haven't seen the real impacts of wage stagnation, the impact of inflation, or wealth inequality I highly suggest taking a loot the blog: https://wtfhappenedin1971.com/

“I don’t believe we shall ever have a good money again before we take the thing out of the hands of government, that is, we can’t take it violently out of the hands of government, all we can do is by some sly roundabout way introduce something that they can’t stop.” – F.A. Hayek 1984

BrewMaster

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Quote from: palle11 on December 04, 2020, 11:01:03 AM

And the inflation is showing since Biden has won the election, it is surprising that the currency is beginning to weaken against base currency like pounds.

the inflation started showing itself the day COVID pandemic began, then it was more severe all around the world the day all governments started printing more money and has been only getting worse. it is not about or limited to Biden and US although US is usually where people seem to always look to! and US has printed the most amount of money in the past couple of months compared to any other country.

and inflation doesn't always show itself when you compare one currency against another (like dollar versus pounds). but it will show itself when you compare it against your daily expenses.
for example it doesn't matter at all even if dollar was stronger against pounds if you had to pay more for groceries. do you think people would care when their rent has gone up that some other fiat is weakening against their national currency? and that's inflation.

cryptoboss2020

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Quote from: tyz on December 06, 2020, 11:27:42 AM

I don't know the inflation of the US but the European Union inflation rate was -0,3% for the last quarter, so basically we have deflation. But that's no wonder. When there is less demand, producers and traders have to lower their prices in order to find buyers. On the other hand, there is strong asset inflation. When you look at stocks, precious metals, and crypto, there is tremendous inflation. So it is more of a view of whether there is inflation or not.

We dont need to look the numbers!!
Let's look the real life, in fact many people are looking for money!!
Inflarion are just right Now the smoke and mirrors talking.
Money is Now the most we need

tyz

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Activity: 3360

Merit: 1533

I don't know the inflation of the US but the European Union inflation rate was -0,3% for the last quarter, so basically we have deflation. But that's no wonder. When there is less demand, producers and traders have to lower their prices in order to find buyers. On the other hand, there is strong asset inflation. When you look at stocks, precious metals, and crypto, there is tremendous inflation. So it is more of a view of whether there is inflation or not.

jaysabi

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Quote from: sunsilk on December 05, 2020, 05:56:12 AM

He's not yet on the seat. But if that's his plan then there would be no more easy money for you guys. The inflation is already given but if you can't see the sign of it right now, wait until it finally shows.

The president doesn’t set monetary policy and that won’t change under Biden. The Fed sets monetary policy and is independent from the government so that there is no political interference. It was unprecedented to have a president attack the Fed and try to influence policy and you can expect the president to go back to observed norms now that adults are in charge of the government again. Also, the Fed has committed to near-zero interest rates through 2023, so the easy money isn’t going away soon.

zasad@

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https://www.usdebtclock.org/
And what choice does the United States have if they turn off the money printing press?

But the US has a very interesting economy. If you look at the table, then the US national debt to other countries is $ 7 billion. In case of budget deficit, the US Treasury Department issues bonds and sells them to the Federal Reserve System

The Federal Reserve buys shares in banks and other companies with printed money
Here is a scheme for overcoming the crisis in the United States.

ranochigo

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If your country doesn't have a steady inflation, then it won't be good. Inflation stimulates consumption by the consumers by making goods more expensive in the future. A steady inflation is also indicative of a steady economic growth as the aggregate supply and demand can be kept at the intermediate range which ensures a healthy utilisation of the resources. Hyperinflation (like Zimbabwe) or deflation (in the case of Japan some time ago).

I really don't think you understand what inflation is, at all. Do your basic research.

whyrqa

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Quote from: fiulpro on December 05, 2020, 09:09:22 AM

See inflation is a healthy thing which happens over the years and is calculated accordingly. But in 2020 due to the Pandemic , the coronavirus the price of certain things are rising. Not only that people don't have jobs and at the same time the market is going down therefore people are loosing investments. Therefore this is clearly a state of practical inflation.
Check the prices of gold . So I believe when we see news and at the articles stating facts about the inflation they usually take everything into account and you also have to consider country wise, some of them are having a lot of trouble adjusting since the production in their own country is exceptionally low and therefore they have to usually import but during the pandemic it's really hard and the prices are for sure higher.

Of course, the pandemic has affected the usual course of things, but we also need to take into account that the government, officials, and billionaires do not think about people, but think about their own benefits. If this summer energy prices fell and, at the expense of the state, all state storage facilities were filled with important energy resources, while there was a promise that prices for the people would not be raised, since purchases were cheap, but in fact, on the eve of winter, prices rise by several time.

GrinZ

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Changes in inflation rates due to the epidemic are not a normal country, but every country in the world has been economically affected. Every economically affected country has set forward regulations and I think it has gradually implemented them over time. Since the epidemic naturally affects the purchasing power of people, if the virus is solved, everything will be as before.

fiulpro

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See inflation is a healthy thing which happens over the years and is calculated accordingly. But in 2020 due to the Pandemic , the coronavirus the price of certain things are rising. Not only that people don't have jobs and at the same time the market is going down therefore people are loosing investments. Therefore this is clearly a state of practical inflation.
Check the prices of gold . So I believe when we see news and at the articles stating facts about the inflation they usually take everything into account and you also have to consider country wise, some of them are having a lot of trouble adjusting since the production in their own country is exceptionally low and therefore they have to usually import but during the pandemic it's really hard and the prices are for sure higher.

Mauser

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Getting bitcoins would be a nice gift, but to be better prepared for 2021 I would just settle with money. The economy is still in a rough shape and while everything looks like 2021 could be the year of the recovery it's nkf certain yet that pandemic will be contained. So far after 4 weeks of lockdown the cases of new infections are still rising.

sunsilk

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Quote from: cryptoboss2020 on December 04, 2020, 09:09:46 AM

Where is the inflation?
I see more like everybody is looking to find money!
So who's and why spreading wrong info like inflation?

Inflation is likely to happen every year or every situation that a country is dealing with.

Quote from: cryptoboss2020 on December 04, 2020, 09:09:46 AM

I make Poll here what you need most!
I know I need money becouse my 1$ will be worthed 10$ next year.

Or it's the opposite? your $10 would be worth $1 in the future.

Quote from: cryptoboss2020 on December 04, 2020, 09:09:46 AM

Becouse Biden have no Plan to create more dollars like Trump did it.
This inflation fear are promoted by the shills and payed analytics lol I dont fall for that s**"t

He's not yet on the seat. But if that's his plan then there would be no more easy money for you guys. The inflation is already given but if you can't see the sign of it right now, wait until it finally shows.

Lorence.xD

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Quote from: The Sceptical Chymist on December 04, 2020, 11:34:43 AM

Did the government release some inflation numbers recently or what? I don't watch the news, so I tend to miss all of that data.

Everything I tend to buy on a regular basis has stayed the same price for quite a while, so I haven't personally noticed any inflation. Gas is even cheaper than it has been for a decade.

OP, are you in the US? How do you know what Biden plans to do as far as economic policy goes? If you created this thread because of something you heard or read, you should provide a link--otherwise what you wrote is near incomprehensible.

If you do not feel the inflation then that is a good thing in my opinion, the price of goods and services increases but at the same time the value of the currency is increases. I do not think that OP will provide links to what he/she read, this is just a baseless CNN BS type of post that does not invoke a healthy discussion but a shitstorm of arguments.

Bitcoin_bullish

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Quote from: cryptoboss2020 on December 04, 2020, 09:09:46 AM

I know I need money becouse my 1$ will be worthed 10$ next year.

Not going to happen unless Jerome Powell burns 90% of the dollars in circulation including the excess digits send to banks. It won't be going to worth more. Fiat is bad money haven't you learned that yet? You invest the bad money or leave them in the bank to rot.

Inflation is hardly striking during the beginning of a recession but it will not be too long before you will see rising numbers. You will one day wake up to news of 5% inflation and then panic happens.

Husires

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You have a pandemic that has caused a freeze on your supply and demand. made some people panic and stop using their money. Therefore, some governments must print a lot of money to make people come back to buy and sell and thus move the middle class that will move the economy.

Inflation will occur, but it is better than a recession that will lead to a larger crisis that may extend for decades. Inflation can be controlled and reduced in a short period as soon as life returns to normal.

The Sceptical Chymist

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Quote from: palle11 on December 04, 2020, 11:01:03 AM

And the inflation is showing since Biden has won the election

Did the government release some inflation numbers recently or what? I don't watch the news, so I tend to miss all of that data.

Everything I tend to buy on a regular basis has stayed the same price for quite a while, so I haven't personally noticed any inflation. Gas is even cheaper than it has been for a decade.

OP, are you in the US? How do you know what Biden plans to do as far as economic policy goes? If you created this thread because of something you heard or read, you should provide a link--otherwise what you wrote is near incomprehensible.

cryptoboss2020

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Quote from: palle11 on December 04, 2020, 11:01:03 AM

And the inflation is showing since Biden has won the election, it is surprising that the currency is beginning to weaken against base currency like pounds. I think that covid-19 effect is showing in the American economy because it had a big blow there. The solution is to print money (regulating it) and grant loan to small businesses .

If USA dollar are ln trouble why they created usdc..coin.
Why waste time on something what might fall anyways?

It look like they are going to secure the USA dollar strenght.

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