Currency collapse, debt bubble and hyperinflation - worried?

Currency collapse, debt bubble and hyperinflation - worried?

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Discussion

p_k_n

Original Poster:

185 posts

92 months

Thursday 25th February 2021
quotequote all
Anyone worried about the impending collapse of the dollar and the worldwide domino effect that will have? The markets are melting up and the debt bubble is likely to eventually burst.

Have you started hedging against this possibility? Time to sell tech stocks and buy more gold, silver and bitcoin?

p_k_n

Original Poster:

185 posts

92 months

Thursday 25th February 2021
quotequote all
Fittster said:
Idiots who post this sort of nonsense should have to explain why with all the horrors they foresee there is not a flicker of inflation.

Are the finance professional who trade / invest in bonds all thicker than the OP?
Can't say I'm surprised with a reply like this from someone who has their occupation title as "Dullness" - I think that probably sums up everything about you and your life.

p_k_n

Original Poster:

185 posts

92 months

Thursday 25th February 2021
quotequote all
Fittster said:
Why don't you buy yourself a subscription to Money Week:
https://moneyweek.com/19085/how-to-protect-against...

Add a bit of paranoia from Zerohedge: https://www.zerohedge.com/markets/michael-burry-wa...

Add an account on House Price crash so you can join those still living with their mum while waiting for society to collapse (and girls to start talking to them)
https://www.housepricecrash.co.uk/

Those should keep you occupied and away from facts.
Ha, you've actually went to the effort of putting that stpost together with links included.

Legit question about facts - any thoughts on the 10-year yield going over 1.5 today?

p_k_n

Original Poster:

185 posts

92 months

Thursday 25th February 2021
quotequote all
Fittster said:
Why would a random person on the internet know the future yield, inflation rates, FTSE price, etc?

If you are a capitalist (and there aren't many marxists on PH) you believe in free markets. If a financial apocalypse is on its way, why hasn't the market priced it in? All the participants in the markets are idiots? There is some knowledge/information about future inflation levels that is unknown to the market?

People whose expertises and future prosperity is dependent on there not being a currency collapse, debt bubble and hyperinflation seem pretty relaxed, so why should a layman argue against them?
Well the facts and data are there for everyone to see. The fed are quite likely going to institute yield curve control and inflate the debt even further - the scale of the debt is unfathomable so something needs to give.

p_k_n

Original Poster:

185 posts

92 months

Thursday 25th February 2021
quotequote all
p_k_n said:
Fittster said:
Why would a random person on the internet know the future yield, inflation rates, FTSE price, etc?

If you are a capitalist (and there aren't many marxists on PH) you believe in free markets. If a financial apocalypse is on its way, why hasn't the market priced it in? All the participants in the markets are idiots? There is some knowledge/information about future inflation levels that is unknown to the market?

People whose expertises and future prosperity is dependent on there not being a currency collapse, debt bubble and hyperinflation seem pretty relaxed, so why should a layman argue against them?
Well the facts and data are there for everyone to see. The fed are quite likely going to institute yield curve control and inflate the debt even further - the scale of the debt is unfathomable so something needs to give.
Just to illustrate my point: