997 gt3rs market check
04-02-2021, 04:30 PM
#31
Rennlist Member
viv
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pissedpuppy (04-03-2021)
04-03-2021, 05:22 PM
#32
Nordschleife Master
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EMpunker (04-03-2021)
04-07-2021, 03:38 AM
#35
I believe the time to buy now. With the current administration’s “brainstorm” of turning up the speed on the money printing press to “full speed” we are headed for serious $ devaluation and inflation. Collectibles and precious metals etc will soar.
Disclaimer: I’m not a financial advisor nor do I play one on tv.
Disclaimer: I’m not a financial advisor nor do I play one on tv.
There are other significant risks out there such as increasing pressure on wages to get people back to work, DC/EP from China, a slow down in the housing market, business travel not returning, etc, etc, etc. I think it is important that people understand the true effects of US debt and increases to M2. Also be aware that QE is actually trapped in the financial system until banks increase lending which they are not doing right now at all. The inflation bandwagon is getting crazy press right now, but it will likely be very transitory.
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Robocop305 (04-07-2021)
04-07-2021, 10:11 AM
#36
Nordschleife Master
Don't want to turn this into an economic discussion thread, but both of your premises are most likely wrong in the intermediate to long term. First off increasing US debt/increases to M2 are not inflationary. Increasing the US debt (which we have been extraordinarily good at recently) is actually highly deflationary since it decreases the velocity of money and crowds out private investment. Regarding devaluation of the dollar, although the Federal government would like to devalue the dollar, it is unlikely. Remember that the dollar does not trade in a vacuum, its value is relative to other currencies. Since most other major economies are running negative rates as well as printing their currencies, it is unlikely the dollar will devalue against them.
There are other significant risks out there such as increasing pressure on wages to get people back to work, DC/EP from China, a slow down in the housing market, business travel not returning, etc, etc, etc. I think it is important that people understand the true effects of US debt and increases to M2. Also be aware that QE is actually trapped in the financial system until banks increase lending which they are not doing right now at all. The inflation bandwagon is getting crazy press right now, but it will likely be very transitory.
There are other significant risks out there such as increasing pressure on wages to get people back to work, DC/EP from China, a slow down in the housing market, business travel not returning, etc, etc, etc. I think it is important that people understand the true effects of US debt and increases to M2. Also be aware that QE is actually trapped in the financial system until banks increase lending which they are not doing right now at all. The inflation bandwagon is getting crazy press right now, but it will likely be very transitory.
