Inflation measures how much more expensive a basket of goods and services has become over a certain period, usually a year.
Looking at the US and Europe the numbers don’t look too bad.
But wait there is more ;)
1/ "Inflation is dead!"
"We can print as much money as we want!"
"Don’t worry about it, there will never be any inflation!"
Time to take a closer look. 👇
Inflation measures how much more expensive a basket of goods and services has become over a certain period, usually a year.
Looking at the US and Europe the numbers don’t look too bad.
But wait there is more ;)
The only statistics you can trust are those you falsified yourself.”
Over the past decades the government changed the way how to measure inflation several times to give you the expression there is nothing to worry about.
The Chapwood Index reflects the true cost-of-living increase in America. It reports the unadjusted actual cost and price fluctuation of the top 500 items on which Americans spend their after-tax dollars in the 50 largest cities in the nation.
The money in your bank account is actually losing 10% a year.
Same goes for your salary unless you get a 10% raise a year. If not, you should ask for it!
How can that be true? Why is there no revolution, you might ask.
As Henry Ford once said:
"It is well enough that people do not understand our monetary system, for if they did, I believe there would be a revolution before tomorrow morning."
Did you know? 21% of all us dollars were printed in 2020?
This is an outrageous and freaking high number!
Even if you do not know anything about finance that number should alert you!
Things are about to get wild.
Please pay some attention to these trends and act accordingly.
Inflation occurs when there is too much money chasing too few goods and services. In slightly more technical terms, inflation occurs when money supply growth outpaces economic growth.
Simple supply and demand.
This is inflation in action.
@SahilBloom
Inflation is not a linear process but an exponential one!
Once it starts, it is really hard to control.
And unfortunately things are already moving fast.
Let me show you some data points: 👇
As it seems, money is starting to chase commodities.
Commodities are close to a 5 year high.
Dr. Copper is because of it is wide use one of the best commodities to measure inflation.
Already trading at a 7 year high! I expect copper prices to shoot out of that chart below over the next couple of years.
Zinc, Platin are moving higher.
Silver is still very cheap in comparison!
What’s even more alarming: agriculture commodities are on a tear lately.
Look at these charts:
Corn: 7 year high
Soybeans: 7 year high
Sugar: going ballistic
Russia the biggest wheat exporter of the world just introduced new export taxes on wheat.
https://t.co/CokqaPXaWr
So wheat is going up....
Few seem to know that raising food prices, might be one of the big drivers behind the arab spring.
https://t.co/cuS0gYDgsX
Inflations is right there!
I am convinced, inflation is the main driver behind today’s wealth inequality.
If you live paycheck to paycheck you keep getting screwed by inflation.
Cheap money is the main driver of stocks and real estate.
If you are a social justice warrior, you should focus all your energy on a sound monetary system.
Central Banking is the biggest fraud in the 21 first century.
And it is right in front of our eyes!
Therefore it does not come as a surprise that Bitcoin is exploiding as of late.
Inflation is already here. If you are lucky enough to have some savings, act accordingly.
During this decade the biggest wealth transfer of all time will go down.
Fortunes will be made and lost.
Get yourself prepared for wild outcomes and spread the word.
GL!
More from Startup
The dirty inside secret most first-time entrepreneurs don't know.
14 tools I use to steal from competitors, and build million-dollar businesses.
Housekeeping note:
Don't do anything that destroys your reputation. Copying what works is a simple & practical strategy, but don't cross any boundaries.
In this thread, I'll show you how to steal your competitors' traffic, product ideas, and customers in a 100% fair way.
1. Steal their social media traffic
Drop your competitors' url in https://t.co/n4squ8fjHh
It will tell you what % of their web traffic comes from which social media platform
Looks like this
Generally, this traffic will be from ads and not content. To steal their social traffic, you'll need to steal their ad strategy.
If they're getting their traffic from Facebook...
2. Steal their Facebook ads
Go to Facebook Ad Library and find ads that your competitor has been running for 6+ months.
All of these ads are likely profitable https://t.co/bgqtSOvAe2
14 tools I use to steal from competitors, and build million-dollar businesses.
Housekeeping note:
Don't do anything that destroys your reputation. Copying what works is a simple & practical strategy, but don't cross any boundaries.
In this thread, I'll show you how to steal your competitors' traffic, product ideas, and customers in a 100% fair way.
1. Steal their social media traffic
Drop your competitors' url in https://t.co/n4squ8fjHh
It will tell you what % of their web traffic comes from which social media platform
Looks like this
Generally, this traffic will be from ads and not content. To steal their social traffic, you'll need to steal their ad strategy.
If they're getting their traffic from Facebook...
2. Steal their Facebook ads
Go to Facebook Ad Library and find ads that your competitor has been running for 6+ months.
All of these ads are likely profitable https://t.co/bgqtSOvAe2
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📈 ~12000 vistis
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I have spent 1.5 months on this app. You can make more $ in 2 days.
🤷♂️
I'm still happy that I launched a paid app bcs it involved extra work:
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- integration with payment processor
- UI for license activation in Electron
- machine activation limit
- autoupdates
- mailgun emails
etc.
These things seemed super scary at first. I always thought it was way too much work and something would break. But I'm glad I persisted. So far the only problem I have is that mailgun is not delivering the license keys to certain domains like https://t.co/6Bqn0FUYXo etc. 👌
omg I just realized that me . com is an Apple domain, of course something wouldn't work with these dicks
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3/12
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4/12
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5/12
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Symptomatic people are tested for one and only one respiratory virus. This means that other acute respiratory infections are reclassified as
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2/12
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6/10
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