Coronavirus from Wuhan, China

[Cornfed]

...so prices rise, which is deflation.

... the price of those goods will generally rise, hence inflation.

You can go back and edit to hide your original fuckup, but unless you have moderator power, MyBB will show the post was edited, so no way of slipping out of the mess you made. Maybe you should announce you've been drinking heavily and that's why you are posting nonsense.

Oh wait you're right. I misspoke in that first post, but I still think the current situation will result in inflation.

The obvious historical parallel is Nazi Germany vs. Weimar Republic Germany. In both they created money out of thin air and gave it to people. The difference was that in Nazi Germany they based the amount of currency created on the value of useful labor and paid people to do useful things such as build autobahns. The currency maintained its value because the ratio of goods to currency was maintained. Conversely in the Weimar Republic they created money and gave it to people like the Ruhr strikers for nothing when little was being produced, so they had hyperinflation. Which situation does the current US situation most closely match?

[Shemp]

Read my original post. It doesn't matter how much money you create if you then give the money to a miser who won't spend it.

Inflation (and deflation) in modern economies is more based on psychology than "money supply" (a dubious term because what is money supply in a world where hard assets like stocks or houses tied to home equity lines of credit can be turned into currency in a day or two?) If people with money ever start to believe hyperinflation is coming, they will all panic the way they are currently panicking about toilet paper and try to turn their cash into hard assets: houses, stocks, gold, toilet paper, etc. Whereas if people with money think the opposite and anticipate deflation (like now), they will panic in the opposite direction and stop spending and hoard cash. (It doesn't matter whether or how poor people panic, since they have no money, by definition.) In both cases, the belief is self-fulfilling. Which is why the central banks all act in this quasi religious way, given carefully edited statements abot monetary policy that resemble the carefully edited Nicene Creed of the Christian Church. Central Banks are desperately trying to avoid provoking panic in either direction.

Because the rich don't want the house of cards to fall, it won't. So we will never get hyperinflation or serious deflation, barring war or some natural disaster much worse than covid19. But aging populations (too many retirees, not enough workers) will eventually cause inflationary pressures. The rich will arrange that the pressures hit the retired middle class hardest, using a combination of limited inflation (like 5%), higher interest rates (like 8%), changes to the tax code. In particular, house prices are going to fall big time in real terms wherever they are excessive compared to average salaries. All these predictions will play out over 20 years, starting sometime in the next decade, as the boomer population bulge gradually works it's way out the rear end of the python. Bottom line: don't buy long bonds, don't buy overpriced houses, don't expect pension promises to be met in their entirety.

[Cornfed]

Read my original post. It doesn't matter how much money you create if you then give the money to a miser who won't spend it.

Maybe. The system has defied gravity before. This time the regime seems to want the money circulating among the general population though, and the capacity of other countries like China to absorb USD like they have in the past would seem less. It might be that the elite are going to finally collapse the system this time and blame the virus.

[Light]

Maybe. The system has defied gravity before. This time the regime seems to want the money circulating among the general population though, and the capacity of other countries like China to absorb USD like they have in the past would seem less. It might be that the elite are going to finally collapse the system this time and blame the virus.

I was going to post something about this yesterday in response to the video Winston shared.

Many years ago I saw a website with projections for the future.

The numbers on the website and the changes they would imply would imply a massive global catastrophic change happens but now they make sense. No one has seen anything yet because in the next year or two we will see mass changes sweep across the world and a power shift. We will see some regional wars as some powerful nations make power plays while the United States and European Union are weak. The numbers on the website did not make sense but I knew they would make sense if there was a pandemic or a world war, and all that was needed in the artificial ponzi scheme economy was a single push and the entire system would begin collapsing because the elites did not save the economy in the 2008 Crisis, they just kept all the damage hidden and that increased how much economic destruction would happen the moment something outside their ability to control happened. Maybe they did release the coronavirus or maybe they didn't, but like David Icke said, it really matters that it is hear. The website also uses some shadow stats and shadow sources so maybe the website is operated by the elites or someone who knows what the elites will do because its all out in the open.

Now the website makes perfect sense. Every number on that website makes perfect sense. Nothing will be completely exact as predicted but that website's predictions seem very close to what will become reality and I know what happens next.

Coronavirus
Oil Price War
and a few more things I won't mention yet because they haven't happened yet but they will

I don't think the elites will takeover the entire world like in the video like Winston said. We will likely go to an Orwellian 1914 with three or four competing powers. Similar to the Soviet Union, the United States won't cease to exist but it will cease being the preeminent global military power or a wealthy nation.

The world of 2019 will be unrecognizable in 2029.

Many people will not see what is coming or think it is possible but the signs are everywhere.

Everything is selling out. Food, household goods, guns and ammo, physical gold and silver, and other important supplies.

We are going to see this worldwide lock down last until 2021. I know for a fact that is the earliest. We will have food shortages in the United States.

I am not going to give too much away but if you want to know what I know about what is coming for the rest of 2020-2025 and beyond, feel free to PM me. Many come from shadow sources and from connecting the all dots. Some things might not happen but I know some of the biggest things will happen.

[Light]

...so prices rise, which is deflation.

... the price of those goods will generally rise, hence inflation.

You can go back and edit to hide your original fuckup, but unless you have moderator power, MyBB will show the post was edited, so no way of slipping out of the mess you made. Maybe you should announce you've been drinking heavily and that's why you are posting nonsense.

Oh wait you're right. I misspoke in that first post, but I still think the current situation will result in inflation.

The obvious historical parallel is Nazi Germany vs. Weimar Republic Germany. In both they created money out of thin air and gave it to people. The difference was that in Nazi Germany they based the amount of currency created on the value of useful labor and paid people to do useful things such as build autobahns. The currency maintained its value because the ratio of goods to currency was maintained. Conversely in the Weimar Republic they created money and gave it to people like the Ruhr strikers for nothing when little was being produced, so they had hyperinflation. Which situation does the current US situation most closely match?

Hyperinflation is a certainty but maybe not immediately. Sometime in the next ten years when hyperinflation will happen. We do not need to see traditional hyperinflation. We could see the world revalue the dollar in the aftermath of this economic crisis. Same for the Euro and other big currencies. It's something that will happen to many currencies especially ones that are tied to the dollar or peg themselves to the dollar.

Europe will survive but possibly see decreased wealth in the aftermath or maybe Europe will rise stronger than before being free from being America's vassal.

America will see mass emigration. People will leave America and America will have a brain drain.

[Shemp]

I don't use twitter, but maybe I'll start:

#MadnessOfCrowds
#SheepleStampede
#PoliticiansPanderingToPanic

[Cornfed]

Interestingly, Weinstein has tested positive for the virus.
https://time.com/5808318/harvey-weinste ... us-prison/

Maybe the idea is to let him die of it so that his absurd rape hoax conviction is not overturned on appeal.

[Neo]

To get a proper understanding of this virus, my suggestion is to watch a documentary called House of Numbers about the HIV virus on YT. That should tell us all we need to know about modern viruses.

[Winston]

In case anyone is wondering, receiving packages and mail, even from China, is safe because the coronavirus is highly unlikely to spread through mail. See below.

https://www.health.com/condition/infect ... rough-mail

https://www.wsls.com/news/local/2020/03 ... -delivery/

https://www.usatoday.com/story/news/nat ... 862947001/

[Shemp]

As of 19 March 2020, covid19 is no longer considered a "high consequence infectious disease" in the UK, because fatality rate is so low:

https://www.gov.uk/guidance/high-conseq ... f-covid-19

[Shemp]

[Moretorque]

They destroyed our economies, this was done on purpose. The US is not going to make , the sheople never learn.

[Shemp]

Letters in the name "corona", according to position in the alphabet:

c=3
o=15
r=18
o=15
n=14
a=1

Add them up: 3+15+18+15+14+1=66

6 letters that sum to 66: 666 = Satan's number

[Shemp]

Article and editorial in professional medical journal, which suggests fatality rate under 1%:

https://www.nejm.org/doi/full/10.1056/NEJMoa2001316

https://www.nejm.org/doi/full/10.1056/NEJMe2002387

[E Irizarry R&B Singer]

Shemp now finally has drunken the Kool-Aid. Mercury and Taco are weeping with joy. Just fcukin' with you, man. hahahahaaha!!!!