how does this end or what is the end result of this?

Neither one can't happen without governments artificially inflating the money supply. At least that is what Friedman preached.

Of what?

What is going on with the printing of so much $ and inflation.

Keeping the stock market supported IMO. If you don’t believe what White stated about unions. Who do you think drove the Covid restrictions in our school systems? Teachers union. !!!!! We have a labor shortage. Due to Covid.

This trickled into all aspects of manufacturing grocery’s etc... Created fear. And they did a good job of it. Now we got to figure out. How do we get the 20 to 40 somethings back to work

That's a different subject(see what I did there?)



Natural progression of a maturing fiat currency.

Steven 49er- I didn't know what "M2 money supply" was so had to go look it up.

Did Investopedia conflict themselves in this little write up? In one paragraph, they say that M2 money supply during 2020 went from 4.6 trillion to 18.45 trillion which is 300+% increase BUT then in the next paragraph they say it only raised 19% between Feb and Aug, 2020 from 15.5 trillion to 18.45 or a 19% at that point. A typo in the their first statement and the 4.6 trillion should have been 14.6 trillion...?

https://www.investopedia.com/terms/m/m2.asp

Our inflationary/debt based monetary system is such that if prices fall for an extended period of time the whole scheme collapses. The longer the ponzi goes, the more exponential growth is needed to sustain it.

The force opposing this is technology, which is deflationary. Almost every good or service uses far less overall human power to produce than it did the year prior. This is natural for humans to get more efficient at doing stuff. Technology is now growing exponentially, faster than we can comprehend. Again, the natural state is for prices to fall. We see this least where Government is heavily involved (education, health care, food/bev) and we see this most where "free markets" are more prevalent (software, TV's, computers, toys, etc). The areas Gov hold hostage will only be kept in check for so long.

To summarize: We need more debt and pending to keep prices from falling at the same time prices are wanting to naturally fall faster than ever because of the exponential growth of technology. "Money printer go brrrrr" is just getting started.

Hate to say it but you misread.

"M2 has grown along with the economy, rising from $4.6 trillion in January 2000 to $18.45 trillion in August 2020"

Thanks! That's what happens to undiagnosed dyslexics

Nah, it's old age, I'm starting to suffer. Don't know what i'm going to do when I get to be at the advanced age of the Beav.

If this is true, Then why doesn't everyone buy as much land as possible tomorrow?

They are. Every house up for sale gets above asking offers in a day around here. Land, houses, vehicles and all going sky high.

Land is great BUT as a "safehaven" it has downfalls. Biggest weaknesses are the fact that it will be easily taken if you don't keep up on your tax payments or maintain it the way your jurisdiction wants you to. Just because your tax burden is OK at the time of sale doesn't mean it will stay that way. What about the unknown tax burden years down the road when its time to "cash out" or even just transfer title of your "safehaven". You can't take your land with you to a new jurisdiction should your old jurisdiction get too overbearing. Also many people are priced out of owning land and its not feasible to buy/accumulate small fractions at a time.

I'll say it again because this post will get pushback.... LAND IS GREAT.

Yeah, buying land is a good deal but you have to have the collateral or the free cash to buy it in chunks. Outside of town, if its not an residential acreage, the parcels don't come small. 40 acres of cropland will cost you at 300-350k, have a loose 750k, I can probably get you a good 80. Cash rent might get you 20k annually on that 80 before taxes, although taxes are pretty low here on ag land. Our landscape isn't cut up by lots of little parcels and/or woods. Capital gains when you go to sell it, unless you can have someone figure out the generational transfer "magic" that somehow decreases the costs between when it was bought and when it was sold...

The Chinese have been heavily investing in US real estate and businesses. They have to get rid of devaluing dollars.

If one looks at the plat books around here, there is getting to be a substantial amount of land owned by outside investor groups.

Income producing land is a good hedge against inflation.

It's easy to say "everybody would go out and buy land" it's not quite that simple, there is only so much for sale, it takes a substantial down payment along with other factors like taxes and possibly confiscation.

Anyone hear of or have any thoughts on Safemoon Crypto?

Its safe and going to the moon, says so right in the name.

Consider this scenario.
Congress passes a law that raises the minimum wage to 15$. (not out of the realm of probability)

The first thing that will happen is some people will lose their jobs and small businesses will close.

Larger businesses may be able to absorb the wage cost increase for a while. Others may have to borrow.

Regardless of the mechanism, the labor component ends up with greater disposable income than before but there is no increase in productivity.

Now you have more dollars chasing the same number of goods and services that were produced before the wage increase.

Unions will now try to make the case that all of their wage brackets deserve the same % increase as the minimum wage. They get some of their demands.

Business is forced to increase their prices to cover the increased labor costs, and consumers are right back where they were prior to Congress passing the new minimum wage law. Agitation begins again for higher wages.


The government has not increased the money supply at all but the velocity of the money already in circulation has increased.


And pretty soon the rocket scientists in Washington will start talking about wage & price controls.

And the beat goes on !