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Is inflation going to send us into depression?

ragtimejoe1

Well-known member
Anyone else not believing that this inflation is temporary or that the fed has it under control?

In my opinion, you better buckle up. I don't think inflation is temporary and is a runaway train. I think the Fed's hands are tied and can't raise interst because of valuations and servicing our dept.

I'm truly worried this is going to get out of hand. I hope I'm wrong and the worry is for nothing.
 
ragtimejoe1 said:
Anyone else not believing that this inflation is temporary or that the fed has it under control?

In my opinion, you better buckle up. I don't think inflation is temporary and is a runaway train. I think the Fed's hands are tied and can't raise interst because of valuations and servicing our dept.

I'm truly worried this is going to get out of hand. I hope I'm wrong and the worry is for nothing.

I'm very much concerned about inflation. In fact, I'm trying to figure out where to put my money right now or at the portion I have in cash.
 
Good topic for discussion.

There are so many "issues" right now - that have no answers (just speculation) that it is truly concerning.

Since when did we as a (pick one: culture, people, nation, community) start to accept "trillions" being the norm for governmental spending? Ridiculous. A few billion here and there, oh well...we can just tax the living shit out of people to make it all up.

Things are lining up for a collapse, and I hope I am drastically wrong. Just a few of those things: Commercial real estate, building materials and construction costs, mortgage rates (and soon to come - foreclosures), trucking and interstate commerce cost increases, minimum wages at levels that small businesses can't raise prices fast enough, import / export pissing matches, and worst of all - the fucking uneducated and black-cloud media will be driving the bus again - just like covid.
 
McPeachy said:
Good topic for discussion.

There are so many "issues" right now - that have no answers (just speculation) that it is truly concerning.

Since when did we as a (pick one: culture, people, nation, community) start to accept "trillions" being the norm for governmental spending? Ridiculous. A few billion here and there, oh well...we can just tax the living Sh#t out of people to make it all up.

Things are lining up for a collapse, and I hope I am drastically wrong. Just a few of those things: Commercial real estate, building materials and construction costs, mortgage rates (and soon to come - foreclosures), trucking and interstate commerce cost increases, minimum wages at levels that small businesses can't raise prices fast enough, import / export pissing matches, and worst of all - the f##k[#] uneducated and black-cloud media will be driving the bus again - just like covid.

I'm also worried about a major collapse. Our current fiscal policy (not just Biden but the recent trend by the Fed) is based purely on academics. It has never been implemented in the real world. The valuation of companies is fine as long as interest is near 0 but can you keep interest near 0 with inflation running rampant? If you raise interest, the valuation of companies tanks and we are in a major financial crisis for all things dependent on Wall Street (401ks anyone?).

Add in the fact that it is looking more and more like COVID was engineered and we may have been in bed with China on it. Holy crap. The fallout from this could be catastrophic.

For the first time in my life, I'm fearful that something major is about to happen. Something that we can't imagine. Things just don't feel right.
 
ragtimejoe1 said:
Add in the fact that it is looking more and more like COVID was engineered and we may have been in bed with China on it. Holy crap. The fallout from this could be catastrophic.

My concern about this is that if the absolute facts comes out that China did, in fact, create the COVID virus and Joe Biden's own son had his fingerprints in it to make sue his daddy win the election in any way possible, all hell will break loose.
 
Wyokie said:
ragtimejoe1 said:
Add in the fact that it is looking more and more like COVID was engineered and we may have been in bed with China on it. Holy crap. The fallout from this could be catastrophic.

My concern about this is that if the absolute facts comes out that China did, in fact, create the COVID virus and Joe Biden's own son had his fingerprints in it to make sue his daddy win the election in any way possible, all hell will break loose.

I'm not sure I'm all the way in the "virus was released to get Trump camp", but I'm definitely in the "COVID was created in the Wuhan lab and leaked out" camp. The motivation behind the leak? If it was bioterrorism for any reason (China, Biden, whatever), I agree. All hell will break loose. If it was sloppy protocols, all hell might break loose anyway. The liability alone is astounding.
 
WestWYOPoke said:
So we're going to ignore the science and go with crazy conspiracy theories instead? Cool...

Covid science

Actually, I'll see if I can go back and find it but there was an excellent research article that modeled several viruses and highlighted that viruses just don't jump species and run. They typically struggle a few years then run.

There is also another article coming out that claims to have found the footprint associated with engineering.

China won't release blood samples or data from the Wuhan lab workers who were sick with COVID like symptoms.

The problem in this case is that science has motivation for coverup. The liberal media also has egg on their face if lab theory proves to be true so they also have motivation to suppress the real information until they can't.

The lab just happened to be doing gain of function studies on bat coronavires and coincidentally a bat coronavirus outbreak occurs a few miles from the lab? Yeah, sounds real like a real conspiracy theory to question the lab.
 
ragtimejoe1 said:
WestWYOPoke said:
So we're going to ignore the science and go with crazy conspiracy theories instead? Cool...

Covid science

The lab just happened to be doing gain of function studies on bat coronavires and coincidentally a bat coronavirus outbreak occurs a few miles from the lab? Yeah, sounds real like a real conspiracy theory to question the lab.

I'm not denying the possibility of a natural leak of the virus. The conspiracy theory I'm doubting is that the virus was engineered and then released intentionally.
 
WestWYOPoke said:
ragtimejoe1 said:
WestWYOPoke said:
So we're going to ignore the science and go with crazy conspiracy theories instead? Cool...

Covid science

The lab just happened to be doing gain of function studies on bat coronavires and coincidentally a bat coronavirus outbreak occurs a few miles from the lab? Yeah, sounds real like a real conspiracy theory to question the lab.

I'm not denying the possibility of a natural leak of the virus. The conspiracy theory I'm doubting is that the virus was engineered and then released intentionally.

The consensus now that Trump isn’t saying it is that it did come from a lab. You can’t possibly imagine it being done on purpose? Ok. Lol It’s so fucking funny to see people scream “conspiracy theorists” only to be proven wrong time after time.
 
laxwyo said:
WestWYOPoke said:
ragtimejoe1 said:
WestWYOPoke said:
So we're going to ignore the science and go with crazy conspiracy theories instead? Cool...

Covid science

The lab just happened to be doing gain of function studies on bat coronavires and coincidentally a bat coronavirus outbreak occurs a few miles from the lab? Yeah, sounds real like a real conspiracy theory to question the lab.

I'm not denying the possibility of a natural leak of the virus. The conspiracy theory I'm doubting is that the virus was engineered and then released intentionally.

The consensus now that Trump isn’t saying it is that it did come from a lab. You can’t possibly imagine it being done on purpose? Ok. Lol It’s so f##k[#] funny to see people scream “conspiracy theorists” only to be proven wrong time after time.

I'm curious what conspiracy theories people have screamed about that have turned out to be true?
 
WestWYOPoke said:
laxwyo said:
WestWYOPoke said:
ragtimejoe1 said:
WestWYOPoke said:
So we're going to ignore the science and go with crazy conspiracy theories instead? Cool...

Covid science

The lab just happened to be doing gain of function studies on bat coronavires and coincidentally a bat coronavirus outbreak occurs a few miles from the lab? Yeah, sounds real like a real conspiracy theory to question the lab.

I'm not denying the possibility of a natural leak of the virus. The conspiracy theory I'm doubting is that the virus was engineered and then released intentionally.

The consensus now that Trump isn’t saying it is that it did come from a lab. You can’t possibly imagine it being done on purpose? Ok. Lol It’s so f##k[#] funny to see people scream “conspiracy theorists” only to be proven wrong time after time.

I'm curious what conspiracy theories people have screamed about that have turned out to be true?

Government bureaucrats and major media sources covered up the possibility of a pandemic causing virus being released from a lab?

A presidential candidate's son's dirty laundry and said candidate's possible connections to it being censored and covered up until the election was over?

Both true and admitted to by the media outlets themselves.
 
'PokeForLife said:
WestWYOPoke said:
I'm curious what conspiracy theories people have screamed about that have turned out to be true?

Government bureaucrats and major media sources covered up the possibility of a pandemic causing virus being released from a lab?

A presidential candidate's son's dirty laundry and said candidate's possible connections to it being censored and covered up until the election was over?

Both true and admitted to by the media outlets themselves.

Hmm... interesting. The first one I'll concede but I wouldn't say it was covered up, more dismissed as unlikely at the time.

The second one is still conspiracy theory as far as I'm aware. Not sure if you're referring to the whole laptop thing, but that was laughably false and a very poor attempt to create something out of nothing. However, I'd certainly be opening to reading anything to the contrary. Even so, if we're voting on a candidate based on their children's dirty laundry, neither candidate would have been elected.
 
WestWYOPoke said:
'PokeForLife said:
WestWYOPoke said:
I'm curious what conspiracy theories people have screamed about that have turned out to be true?

Government bureaucrats and major media sources covered up the possibility of a pandemic causing virus being released from a lab?

A presidential candidate's son's dirty laundry and said candidate's possible connections to it being censored and covered up until the election was over?

Both true and admitted to by the media outlets themselves.

Hmm... interesting. The first one I'll concede but I wouldn't say it was covered up, more dismissed as unlikely at the time.

The second one is still conspiracy theory as far as I'm aware. Not sure if you're referring to the whole laptop thing, but that was laughably false and a very poor attempt to create something out of nothing. However, I'd certainly be opening to reading anything to the contrary. Even so, if we're voting on a candidate based on their children's dirty laundry, neither candidate would have been elected.

I don't know how far all of it has been investigated. But my point was less about Hunter's transgressions than about papa Joe's possible involvement in it all. In the same vein, things about Trumps kids are one thing, but it's their father's involvement in any of it that we would really care about. I think it's safe to say that there has never been an attempt by news outlets to cover up or quash any of his potential involvement in any of that stuff.
 

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