Folk who were paying attention are not surprised by this. The damn government printed a shytload of money. Inflation was predicted even by people here. Your cash has less value than it did last year. So you buy up assets to keep up with inflation.
If only this was all somehow avoidable. Shame. Who could’ve predicted this in the past 50 years?![]()
Folk who were paying attention are not surprised by this. The damn government printed a shytload of money. Inflation was predicted even by people here. Your cash has less value than it did last year. So you buy up assets to keep up with inflation.
Start eating grass
Fukk is you talkin bout and what does it have to do with what I said?yes, if only trillions of dollars weren't printed up out of thin air and put into the economy without any thoughts of the repercussions.
how the hell is this a surprise?
Yet you still had members of The Coli insisting for months and even now still now that inflation isn't going on
You had Biden and Yellen downplaying the issue and insisting that it wasn't that big of a deal and a "temporary" thing when the numbers have always insisted otherwise.
yup, if you had all ur money invested in blue chip stocks or any index fund, you would be ahead of inflation.
that said, I need to get more of my cash in my investment account or use it to pay more on my mortgage because I'm losing money when I keep holding it