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RE: The Return of Inflation

in #inflation7 years ago (edited)

The Swiss voted against the Universal basic income. It will be interesting to find out how the swedish experiment worked. It is just ending now.

No, I was not talking about a univeral income.

It’s not hair either. I don’t think poor people are more hairy than the rich.

Here’s another clue: The poorest 50% have a lot (as a percentage of their net wealth), the next 40% have a little, the richest 10% have a lot as an absolute number. The poor wish they could get rid of it, the rich would like to use more of it to further enrich themselves. The middle 40% advise against having any.

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DEBT

Bingo!

Are you suggesting a DEBT jubilee?

Definitely not a debt jubilee. Then we would have losers. You watch when it happens. The world will dance for joy.

I'm already dancing for joy.. in my living room.. with my daughter.. to "video killed the radio star".

But no losers? There's always losers. What makes this time different?

Here is another clue:
2026: Latest Prices:
Microsoft nUSD 66.76
Apple nUSD 1742.77
Ford nUSD 59.46
Gold nUSD 4’349.42 (USD 6’764.54 in London)
Crude oil nUSD 231.76 (USD 345.65 in Dubai)
nUSD/nGBP 1.4523
nEUR/nUSD 1.1856
nUSD/nJPY 114.34
nUSD/USD 1.4980

You will dance to “nUSD killed my credit card”

Is this a clue that you are from the future?
If so I will take a screenshot just in case.

  • So you're saying that credit cards will become obsolete.
  • You're implying there will be a world currency called the USD and a domestic USD currency. (the exchange rate is slightly off when I ran the nUSD/USD cross rate against the london and dubai USD)

I'm guessing to get around the triffin dilemna.

  • You're reeeally bullish on Apple... and Ford... but not Microsoft.
  • You think there will be inflation. Both Gold and Oil are way up in your depiction.