Who’s they?
Inflation is out of control
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The Illuminati
Ha yes, the ever elusive groups one uses as a crutch as to why things are not how they are supposed to be. There is a real easy solution to that. You have obviously heard the phrase “don’t bite the hand that feeds” set your sights on being a supplier of the food that the hand is using to feed. It’s all about positioning. Align yourself with as many entities that are going to make sure you have a seat in the life raft as possible. If I’m ......, we’re all ...... is something I absolutely strategize in every biz decision I make. If you want to be on the winning team, then make the effort to do so.
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I dunno. Money is all well and good but at some point, maybe soon, maybe not for a long while, it will be superceded as the currency of power by violence. At least for a short time.
That moment is not the time to be searching for a way to protect yourself or hone your skills. Arm yourself, train to defend your family. Hope for the best, but prepare for the worst.
That moment is not the time to be searching for a way to protect yourself or hone your skills. Arm yourself, train to defend your family. Hope for the best, but prepare for the worst.
Money/assets buy options, its that simple. The more options you have, the better you fair, its been that way since the beginning of time. Violence is what you have when you have run out of options. I can't stand guns, We have them and NV/thermal and all the latest ballistic advantages, I used to like them but the gun nuts killed all that. The more i listened to their garbage, the more I didnt want anything to do with guns and this is coming from a guy who dropped ordnance on anyone and everyone at one time. If you own an assault rifle and you didn't donate to the Rittenhouse defense fund, well then ya know. Im 100% 2A but again, the gun nuts did a pretty good job of taking that sideways. Anyhoooooo, got a plane, got some properties, got great friends with bigger planes, got a passport, got great business partners in the government who really want me to succeed so, not a lot I am worried about.
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DAVOS and the World Economic Forum... look it up.
Don't need to look it up, doesn't concern me. I don't spend time watching media, too busy enjoying life, having fun and doing whatever I want to. I'm responsible for everything that happens to me. If the world implodes tomorrow, I guess for me things would be a bit disrupted but that's literally what it would ....... take to change anything Im doing. You want to waste your time worrying about DAVOS and all the other jackwagon bobble heads giving economic speeches, enjoy.
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Everyone knew a recession was coming with the COVID funding .... when governments started printing more money. I doubt it will be as bad as the stagflation of the 1970s, but most people will keep on keeping on.
I went to Kohls (clothing/department store) just when the pandemic restrictions were starting to lift and some 20 something girl at the counter struck up a conversation. I forget the exchange, but at one point I told her I was buying a house. To her dismay she said, "you're buying a house during all this?" My lizard brain response was to think, I'm more essential than a retail employee.
I don't disagree with endo's positioning mantra at all. Even if you are in a blue collar occupation. You need something to make you valuable. Be it a skill, a patent, company etc. You need to be better at it than the people around you, and you need to make it known, and really the second part of that is more important. Take TIG welding. I'm a big fan of the 6061 channel on YouTube. Someone could be that skilled, stacking dimes as it were, but if you don't make that known or put yourself out there, what good is it?
If you can be replaced by an automated kiosk, you are on borrowed time.
I went to Kohls (clothing/department store) just when the pandemic restrictions were starting to lift and some 20 something girl at the counter struck up a conversation. I forget the exchange, but at one point I told her I was buying a house. To her dismay she said, "you're buying a house during all this?" My lizard brain response was to think, I'm more essential than a retail employee.
I don't disagree with endo's positioning mantra at all. Even if you are in a blue collar occupation. You need something to make you valuable. Be it a skill, a patent, company etc. You need to be better at it than the people around you, and you need to make it known, and really the second part of that is more important. Take TIG welding. I'm a big fan of the 6061 channel on YouTube. Someone could be that skilled, stacking dimes as it were, but if you don't make that known or put yourself out there, what good is it?
If you can be replaced by an automated kiosk, you are on borrowed time.
Dude, I love the 6160 channel. I love people who go beyond. Amazing skills
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Hate to take us back into darkness, but here's a good article that pertains to recent inflation in the car market.
www.barrons.com
"Lopez says he recently bought a Bentley, McLaren and two Aston Martins—all purchased by buyers using PPP money as down payments, and all repossessed after few or no monthly payments."
www.gmtoday.com
“But it was poorly targeted, as almost three-quarters of its benefits went to unintended recipients, including business owners, creditors and suppliers, rather than to workers. Due to differences in the typical incomes of those varied constituencies, it also ended up being quite regressive compared with other major COVID-19 relief programs, as it benefited high-income households much more.”
Car Repos Are Exploding. That’s a Bad Omen.
A surge in repossessed autos reflects broader economic problems. The question: How might a bursting of an auto bubble affect the broader U.S. economy?
"Lopez says he recently bought a Bentley, McLaren and two Aston Martins—all purchased by buyers using PPP money as down payments, and all repossessed after few or no monthly payments."
Feds: 75% of $800 billion didn’t reach employees
Taxpayers paid $4 for every $1 in wages and benefits received by workers in jobs saved by the federal government’s pandemic Paycheck Protection Program (PPP), according to a new study
“But it was poorly targeted, as almost three-quarters of its benefits went to unintended recipients, including business owners, creditors and suppliers, rather than to workers. Due to differences in the typical incomes of those varied constituencies, it also ended up being quite regressive compared with other major COVID-19 relief programs, as it benefited high-income households much more.”
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Inflation is just an artificial monetary scheme brought on by Bill Barr and friends. VW Inc excluded
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DAVOS is a gay .... actor I thought?
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Hate to take us back into darkness, but here's a good article that pertains to recent inflation in the car market.
Car Repos Are Exploding. That’s a Bad Omen.
A surge in repossessed autos reflects broader economic problems. The question: How might a bursting of an auto bubble affect the broader U.S. economy?
"Lopez says he recently bought a Bentley, McLaren and two Aston Martins—all purchased by buyers using PPP money as down payments, and all repossessed after few or no monthly payments."
Feds: 75% of $800 billion didn’t reach employees
Taxpayers paid $4 for every $1 in wages and benefits received by workers in jobs saved by the federal government’s pandemic Paycheck Protection Program (PPP), according to a new study
“But it was poorly targeted, as almost three-quarters of its benefits went to unintended recipients, including business owners, creditors and suppliers, rather than to workers. Due to differences in the typical incomes of those varied constituencies, it also ended up being quite regressive compared with other major COVID-19 relief programs, as it benefited high-income households much more.”
Inflation is a toy of the central bank. The Central Bank prints money to write new loans - inventing new money to play with so all money is worth less.
That's how I understand it. This is far from my expertise. I bet @Steven31371 knows. Is this far from accurate?
The solution to inflation is simple, make more money. One of the most destructive words I have in my vocabulary is “budget” it immediately segues into another foul word “compromise” those two words in the right context will destroy the hopes and dreams of the majority. The word compromise literally means to loose.
Turn all that media psychobabble .... off, and focus on eliminating financial boundaries therefore reducing the need to compromise which improves your maneuverability and ultimately your freedom. Where the hell do you guys find time or desire to interact with news events. What a ....... drain on a productive life. Turn that .... off, get a plan and execute, and if you’re already doing that and you have your foot up inflations ..., excellent work, pass the motivation forward to others who are stuck.
Lastly, there isn’t a shortage of anything if your willing to cut a check for it. There might be an “out of stock” on a 499.00 Domino RBW but I guarantee you if you throw a msg out “ Wanted Domino RBC Ducati, whatever it takes” you’ll have one at your doorstep in the morning.
Turn all that media psychobabble .... off, and focus on eliminating financial boundaries therefore reducing the need to compromise which improves your maneuverability and ultimately your freedom. Where the hell do you guys find time or desire to interact with news events. What a ....... drain on a productive life. Turn that .... off, get a plan and execute, and if you’re already doing that and you have your foot up inflations ..., excellent work, pass the motivation forward to others who are stuck.
Lastly, there isn’t a shortage of anything if your willing to cut a check for it. There might be an “out of stock” on a 499.00 Domino RBW but I guarantee you if you throw a msg out “ Wanted Domino RBC Ducati, whatever it takes” you’ll have one at your doorstep in the morning.
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Here's all the NEWS you need since the 20th century began and the invention of Central Banks & Federal Reserve (1913) with "Fiat Currency,"(off gold standard backed by nothing) (opening a PRIVATE CORPORATION that lends money they just make up and print whenever they want to the government with interest thereby handing the controls of the economy inflation and everything else to a few mega wealthy people with no real government oversight and absolutely no one controls them or investigates anything they do & legally so) so you can just move on:
Blah blah crisis chaos recession, re-wright laws resulting in the consolidation of capital wealth upwards.
Blah blah boom times! Blah blah blah and the really big companies got really bigger
Blah blah Ooops, banking scandal where old people lost everything but no one went to jail, resulting in the consolidation of wealth to the upper class.
That was horrible make new laws, resulting in tax breaks for only the biggest employers.
Oh wow too big to fail XYZ Corp bankruptcy publicly funded bail out resulting in the consolidation of wealth to the upper class, Blah blah blah.
WAR! Blah blah blah rewriting the borderlines resulting in the consolidation of wealth to the upper class.
Small blip FDR 4 term president social democrat side-show.
Repeat for the 21st century.
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Some of this is true (i.e. fiat currencies), but the correlation to the observation that limited resources tend to concentrate in a small percentage of the population is far from definitive. Many natural systems demonstrate similar distribution of limited resources (i.e. the top 1%) independent of the frailties of human nature (like greed), and our economic systems.
Well judging by the number of people on this board living in 7 figure homes with six figure toys in the garage I’m guessing greed is good otherwise all that money going to Brembo and Ohlins would be going to feed and house people.
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