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2k stymie check per month coming omg

Avatar for JuiceBox69
JuiceBox69Fucking on Young N Dumb Chicken Heads

What y’all think ? How can we hedge our income against hyper inflation ? Crypto ?

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Avatar for shailynn
shailynn

If you were a member of the 350k club like all the other pathetic losers on here you wouldn’t be getting a stimulus check

Avatar for RandomMember
RandomMember

Good topic, and even heavyweight economists don’t know whether inflation is coming. I do remember Rand and Ron Paul harping about hyperinflation in 2008 when Bernanke started quantitative easing. The criticism got so bad that Bernanke and Paulsen left the Republicans party. But it's been over a decade and we never did see much inflation.

Some of the same gold-standard nuts are now crypto nuts for obvious reasons.

With massive government spending proposed by Biden, even liberal economists like Larry Sumner give something like 1/3 chance of significant inflation.

I’m far too timid to invest in cryptos – but having a substantial percentage in real estate seems like a compromise. Personally I’m hoping for higher interest rates so that I can have a safe bond ladder, again,,that actually earns something.

Avatar for JuiceBox69
JuiceBox69

Good point on the real estate investing.. Need to build a stronger position

Avatar for JuiceBox69
JuiceBox69

Shayleene i do lots of questionable and shady things brother

Avatar for shailynn
shailynn

^^^ I’m not sure if drinking Four Loko for breakfast is considered “shady.” Certainly masturbating in the lingerie section at Walmart is questionable.

Avatar for Cashman1234
Cashman1234

I thought we weren’t telling others they are having fun wrong Shailynn?

Wtf? I enjoy stroking one off in the lingerie department a Target!

Sorry. What is this discussion about?

Avatar for RandomMember
RandomMember

@Scrub: "who/what PARTY (DEM or REPUB) has said ANYTHING ABOUT MONTHLY $2K checks?"


It was proposed by some democratic Senators for some low-income families. I don't think it went anywhere.

Avatar for Mate27
Mate27

^^^ UBI has been proposed by Democratic presidential candidate Andrew “Yank Your” Wang, and now he may run for Mayor of New York. $2k//month can make a person live comfortably in many parts of the country. I smell fraud potential. Stupid idea to basically help pay for reparations, but if it was universal it would make the cost of everything go so high that $2k/month will be the equivalent of less than $1k after implemented. It’s not that I’m totally against it, but it will still cost working class citizens the most because they buy the most goods and services.

Avatar for SanchoRG
SanchoRG

Juice you know how I know you sold your Ripple too early? Cause you wouldn't be asking if crypto was a good option against inflation, you would know!

Seriously tho we are in a bull market with an asset shortage. The system is relying more and more in derivatives & bucket shops to keep the ball rolling but the truth is the underlying assets those derivatives are based on are getting more and more scarce.

Avatar for JuiceBox69
JuiceBox69

I cant sell my XRP lol its all locked up on coinbase

Plus im not ever gonna sell my XRP

That shit will be bigger than Bitcoin

Avatar for JuiceBox69
JuiceBox69

In my mind im already set for life

Avatar for Uprightcitizen
Uprightcitizen

Juice the gotta have Ripple at the Piggly Wiggly!

Avatar for mark94
mark94

The best inflation hedge is to own real assets. Many people think in terms of gold, but stocks and real estate make more sense.

Avatar for Papi_Chulo
Papi_Chulo

I usually invest in real assets but for me that usually means real-titties

Avatar for Cashman1234
Cashman1234

I have no idea what is being discussed here.

All I could understand from Juices post is that he sold his X box to get money from a coin star machine? Depending on the age of the X box that could be a good investment.

Avatar for mark94
mark94

Consumer prices rose in March at the fastest monthly pace in 8.5 years as the reopening of the economy picked up steam.

Avatar for Uprightcitizen
Uprightcitizen

Well whatever you do don't sit on a bunch of benji's

Avatar for 8TM
8TM

A couple convenience stores near me jacked up their prices 10% this week. Now would be a good time for everyone to think about how to cut your expenses, if the covid lockdowns didn't force you to already.

Avatar for Tetradon
Tetradon

Just bought a place at rock-bottom interest rates. Reduced my exposure to cash. A couple stock bets paid off, put that in an index fund.

Besides, if the shit really hit the fan, fuck gold, you want guns and whiskey.

Avatar for goodyman
goodyman

^ same bought a rental property to unload some cash in November and also picked up a new AKV 9mm PCC

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