If you're so confident that fiat will hyperinflate, why dont you go and take mortgages out and buy tons of houses?
So again, why aren't you taking out huge fiat loans now? Shit, why not just buy a mansion? A janitor will be earning $10 million fiat per month, so why not take out a $10m fiat loan right now and buy the mansion, any day now fiat will hyperinflate, according to you guys, so whats the risk? there is no, youre 100% sure fiat will be devalue like crazy.
Oh thats that? You wont do it? Oh, so you dont want what is essentially free houses? Why not? Whats that? You aren't so confident about hyperinflation anymore? I see, interesting.
Who the fuck is going to loan me $10m retard? Also, I'm longing BTC, which is a direct hedge against inflation
Samuel Cox
i pay $300 each month for my crypto loan (which is close to 100% in profits soon). a house isnt a good idea since you cant move it and the government knows about it. what do you think who will pay for the party?
Benjamin Bennett
>what is loan collateral
Michael Hughes
>Yes I would like a 10 million dollar loan please >No, I'm a neet >Well, even a janitor will be making 10 mill soon enough >Why are you laughing?
>If you're so confident that fiat will hyperinflate, why dont you go and take mortgages out and buy tons of houses?
People are buying real estate, that's why the market is so expensive during a recession. Zoom out and look at asset prices. Look up the burrito index. Now the Fed is targeting twice that inflation. Welcome to the boom bust cycle. Buy Bitcoin.
Bentley Jackson
Cope.
You said USD will be worth "soon"
So why are you taking out HUGE fucking loans of USD and buying tons of assets with it? Considering you'll be able to pay off all your loans with 0.00000000000000001 of your bitcoin because of how worthless the USD will become due to hyperinflation.
So again. Stop copeing, and start buying taking massive loans in USD. Till then, you don't actually believe USD will become worthless due to hyperinflation.
So long as banks are willing to give 30 year 500k mortgages for people to buy a house, they dont believe hyperinflation will happen at all, because if they did, they'd be giving away that house for free at 500k.
Easton Johnson
This has small dick energy written all over it. What are you so upset about?
Hudson King
People are literally doing this like crazy. Have you not seen the stock market, do you not track real estate? What about that digital currency thing that doesn't inflate, how's that doing?
Gabriel Hernandez
Figure it out bitch. You claim hyperinflation is coming for fiat currencies, if you truly believe this, you would do everything in your power to trick the banks into giving you massive loans so you can purchase assets with it now, so then when your 100% GONA HAPPEN belief of hyperinflation making fiat value crater, you'll be able to pay all those loans off in 3 seconds.
So why aren't you doing it? Mr Hyperinflation Man?
Aaron Allen
imagine being this retarded
Charles Robinson
What you said is not hyperinflation, that is just normal inflation. Inflation and interest rates and realestate is all connected, they wouldn't be giving out 30 year loans for 500k if they believed 500k is how much a loaf of bread will cost in the next 10 years. You absolute fucking spastic cunt. Get that through your thick head.
Tyler Edwards
No, you're being retarded.
Unless the mortgages have something in them that states you must pay the new inflation rate, so your 10 Million mortgage becomes 100 Trilion, then no, Im still right, and you're wrong, bitch.
Jackson Martinez
You are the one who is talking about hyperinflation and bringing up Zimbabwe. Apples to oranges - not everything is black and white.
True inflation is 7%. That means your money is already being bled out at a massive rate, forever. The Fed just said they're targeting twice typical inflation which means inflation @ 14% conservatively. With trillions more in stimulus on the way. Many are predicting much higher inflation. The Fed gives CPI numbers which track a selected grouping of assets that don't inflate by design. This is what people typically don't understand.
That's why no institution has ever said "We are going to invest in cash." Because of Keynesian monetary theory, the Fed things the best thing it can do is stimulate the economy by continuously devaluing currency. I bought a house back in '13 and it will be paid off in 10 years and I'll be retired at 40. That's the monetary fuckery of the Fed in action. And a big thank you to all the people that got fucked and had their retirements vaporized in '08 due to the Fed's dogshit policies that lead to these boom and bust cycles, couldn't have done it without you guys.
>they wouldn't be giving out 30 year loans for 500k if they believed 500k
Mortgage interest rates are now at 2.25 and dropping, this is completely unprecedented, they've never been so low. They won't stop dropping. Bond yields are going negative. I just refinanced my house, nearly all of my payment goes to the principal. Wow.
Buy Bitcoin.
Lucas Hall
I did do that, user.
Michael Harris
Because FED is keeping the clown world rolling as long as they possibly can, so I just acoomolate actual worthy assets and NOT get in any debt whatsoever so I can be ready when the clown world finally falls apart.
Have a good day.
Logan Bailey
Do you know how loans work? You cant get a loan for whatever you want. You can get a mortgage with the down payment but you need the down payment. I have a 100k line of credit max that I used to buy real estate. I can't get anymore than that. Now i'm stuck renoing homes, then refinancing and using that for real estate but it's not that easy. I have 100k on a line of credit and about 600k in mortgages across 3 homes that I rent to wagies. If the bank would give me a mortgage without a down payment id happily take millions in debt. You'd be pretty dumb not to if you have a mediocre housing market. My tenants pay me about double my monthly payments.
Leo Green
wages don't keep up with inflation, so you're just buying yourself a really nice rope to hang yourself when inflation takes off and you're still making 20/hr
Jonathan Hughes
Buy Gold.*
Zachary Davis
Gold is my #2. Historically not a bad asset. But I like asymmetric upside. And the writing is on the wall. Things change over time.
What makes you guys think you'll be allowed to keep your assets when hyperinflation occurs? How will you protect your assets from the warlords and revolutionaries?
Cameron Kelly
hiding my ledger
Lincoln Mitchell
No i mean....they will literally take your investment properties and live in them, and you wont have anyone to call to kick them out because there wont be any laws being enforced anymore because it will be chaos.
The banking systems will shut down.
You'll kicked out of your house at gun-point by groups of gangs/militias/revolutionaries.
The more upscale your property is, the more chance of some upper-tier high ranking revolutionary coming to take it as their personal house lol
You guys realize there's security or safety for any of your investments in these kinds of scenarios.
Brayden Johnson
As long as the dollar is the world reserve currency for the foreseeable future there won't be hyperinflation in the US in the sense that you mean. Other countries will definitely see it though. The US will see the 15%+ inflation levels. More boom and bust cycles. Unsustainable but no one knows definitively how long we can go on like this. The cycles and debts just get worse each time. Bitcoin and gold are very hard to confiscate (Bitcoin can be held on a piece of paper and can use multisig).
In a world of warlords you have more important things on your mind, but hoarding cash I can tell you wouldn't play out well in this sort of dystopia.
If you were in Iraq or Syria, and IS came rushing your city, how exactly is Bitcoin, Gold, or owning investment property in that city, going to save you?
Just think of the equivalent scenario in your own country, except there wont be any organized military coalition to take these groups out.
Connor Lee
why is OP dumb?
Hudson Richardson
He knows im right, but he doesnt want me to be right, and he knows he just got called out, and he cant answer it, because it contradicts his prediction
If his prediction is $ becoming worthless, then he would be taking out millions upon millions in loans to buy assets like property, land, gold, crypto, etc. He would be doing anything and everything in his power to get those fiat loans, but he isn't, which means he doesn't actually believe what he says.
Oliver Cruz
Lol our employers aren't going to raise wages to adjust for inflation. They'll just spam CNN hit pieces "Inflation doesn't actually exist haha."
