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β° Time Stamps β°
1:25 World stage set for hyperinflation?
5:19 What’s inflation?
6:37 Causes of inflation
7:41 Inflation might be good
8:35 Why inflation might be unhealthy?
10:01 What can we be taught from historic inflation?
12:27 Are we going to finish up like Venezuela?
18:52 How am I defending myself in opposition to hyperinflation?
22:24 Conclusion
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π Sources π
βΊ Senate approves historic $2 trillion stimulus deal:
βΊ Venezuela espresso hyperinflation tracker:
βΊ Financial institution of England inflation calculator:
βΊ FEDs financial coverage aims:
βΊ US inflation calculator:
βΊ Price to supply US forex:
βΊ Family financial savings US:
βΊ Breakdown of $2 trillion US rescue package deal:
βΊ Superior economies to shrink 35%:
βΊ Paper silver market 205x greater than bodily:
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π Overview π
The world in 2020 is one stuffed with lockdowns, struggling economies and stimulus packages. Trillions of {dollars} are being pumped into the US economic system and that begs the query: is all this going to result in hyperinflation?
π° What Is Inflation? π°
Properly, it is when the price of objects rise, however the worth of our cash stays the identical. This normally occurs very slowly.
βCauses of Inflation?β
There are 3 primary causes of inflation:
1. If there may be elevated demand and never sufficient manufacturing.
2. If there is a rise in manufacturing price.
3. Constructed-in inflation which results in a wage-price spiral.
π Inflation Isnβt All the time Unhealthy π
The US FED has an inflation goal of round 2% per 12 months. Thatβs good as a result of the costs of sure belongings mechanically go up by that quantity yearly. Additionally, if we all know the worth of our cash is falling yearly, then it encourages us to exit and spend it. Thatβs normally excellent news for the economic system.
π± Why Inflation Can Be Unhealthy? π±
Some individuals maintain a variety of money and inflation reduces its buying energy yearly. Inflation can also be a key mechanism which pushes up the value of belongings like actual property. So, if you’re struggling to get on that housing ladder then likelihood is that you’ve inflation to thank for that.
πΈ Is $2 Trillion Sufficient To Trigger Hyperinflation? πΈ
What might be discovered from historic inflation? Between 1917 to 1920, the US had double digit inflation due to WW1. This resulted in huge quantities of spending and the manufacturing of struggle provides. A scarcity of sources led to increased manufacturing prices and better costs.
The same factor occurred after WW2 and the 1970βs have been characterised by double digit inflation because of the US coming off the gold customary in 1971. This principally created our modern-day fiat greenback.
π€ Manβs Ideas On Hyperinflation π€
Iβm sorry guys, you will have to observe the video for my private tackle this.
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β οΈ * unique further $100 bonus is on high of Bybitβs common $90 bonus. It’s triggered with a 0.2 BTC deposit and will probably be credited to your account inside 72 hours. Hyperlinks to Bybit are affiliate hyperlinks and assist assist my work.
π Disclaimer π
The data contained herein is for informational functions solely. Nothing herein shall be construed to be monetary authorized or tax recommendation. The content material of this video is solely the opinions of the speaker who is just not a licensed monetary advisor or registered funding advisor. Buying and selling Foreign exchange, cryptocurrencies and CFDs poses appreciable threat of loss. The speaker doesn’t assure any explicit final result.
#Inflation #Bitcoin #gold #stimulus #crypto #fed #cryptocurrency
Source: Coin Bureau
43 Responses
Hope you guys enjoyed that video as much as I enjoyed making it. I also came across this interesting story on Bloomberg on "Monetary Financing". It's basically a govt borrowing from its own central bank and is straight out of the Weimar Republic rule book. Central banks are shying away now but given the unprecedented times we are in… Who knows how long they resist the temptation π
https://www.bloomberg.com/news/articles/2020-04-19/the-money-taboo-that-central-banks-have-shied-away-from-so-far
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Great information for everyone curious about how inflation destroys wealth. As for me I'm buying silver, Goldbacks, bitcoin, and a little ethereum.
Gold or tokenised gold? Well you answered. Physical gold. Storage is a pain though. Having ancestors attacked at home (by « familyΒ Β» members – Algeriaβ¦.) and dying shortly after, We don t keep gold
Hi Guy! Is there an update for this? This is June 2021. Do I need to buy gold?
PS I'm Venezuelan. …
6 trillion more incoming
To protect ourselves from hyper inlfation are to 1) invest into physical gold 2) invest into Bitcoin (most preferred by the author)
17mins in you quoted the joker Fauci "No vaccine for 12 to 18 months" Fauci is a fucking puppet of the Left! Fauci wrong on everything covid from day 1! I did enjoy the video!
I'd be glad to see an update on this
Thanks for your review. For assistance; W~H~A~T~S~A~P~P~~ ONLY: 1~4~4~0<<7~4~5>5~3~4~9.
IMO there's another reason for inflation – higher interest rates. When the interest rates go up, businesses pass the cost on to consumers. Only time will tell…
It's because the Fed and the gubmint are inflating the dollar to meet the demands of the world population and not just the US population. π‘
4:42 I work at a grocery store, and we use a scale to weigh all of the money. It is actually pretty cool.
Yes; it';s called "the great reset", or "ordo ab chaos"
"An average house should mean an average job" RIGHT
Have you bought the house mate? Half way there with the 100k prediction i guess. Thanks for your work, it has opened my eyes lately
you literally posted a video on my why you should avoid gold as a store of value
Trash, trash, liar, liar
OK, Gen-X-er π
I've been watching many of your videos and I have to say you are an extremely intelligent, detailed and generous individual. Giving tips to the public to help better themselves versus many you see online asking for a fee for Insider knowledge. I wish you nothing but success and to further give your viewers more insight in the future!
Great information Guy! I knew about inflation but not to this level. You have woken me up! thank you
I am always blown away from the depth and breath of understanding of these issues by Guy and the Coin Bureau team.
This channel better than Bloomberg βπ»
they would be better wiping their arse with the money than with toilet paper lmao…
Great video!
Usury money system wrecking countries all over.
Be bank
Print money
Keep half
Give half to plebs
???
Profit
Inflation stimulate to invest. I can't buy house because inflation. )))
Thanks for the tips. Question: could airport "x-rays" affect your trezor or ledger, for example?
I like crypto because the only thing that you can count on is people's greed.
So if you arent greedy, like me, you have an edge on the market. Youll always pull out early, when youre ahead and repeatedly make money.
so inflation is a country raising taxes to pay for war,and companies raising prices to pay for taxes? Basically, the public pays for wars.
I bought Bitcoin with my stimulus check.
That's why when BTC will hit $32k I'll sell a portion for Paxos Gold instead of USDT
I usually agree with dude but betting against the dollar is the dumbest shit heβs said so far
Hyperinflation is unlikely now. There is no reason to worry really.
Guy, I loved your comment about the toilet papers. No one wants to go to panic buy dozen of toilet papers in bolivar:)
I'm actually kind of worried of the scenario where some people become very wealthy via crypto and the rest of the world gets robbed blind by central banks. Like some kind of narrative will emerge to say the winners of this debacle should pay higher than normal taxes.
Yeah but BTC follows S&P so what happens when next market crash ?
Hi Guy. I have to say I love your videos and your preparations for a probable coming inflation of some degree are likely spot on. I will make a couple of short corrections to your inflationary description. Neither a wage/price nor a production/consumption mismatch can cause generalized inflation. With a stable currency if prices in one area go up then they must decline in another. If everything is going up the only source of funding can be the production of new money. As Milton Friedman once said: "Inflation is always and everywhere a monetary phenomena.". You can't print Bitcoin, gold or silver. I am taking the same path as you. Keep those videos coming.
PS. For the economic cognoscenti out there I realize that Friedman was a monetarist but he did recant before he passed on. It takes a good man to admit he was wrong. π
Holding cash is literally the only smart thing when all the other assets go down in value because people sell. You have no idea what you're talking about. Maybe you missed the 2008 crisis but the dollar (And arguably gold & silver) was the best thing(s) you could hold then.
Guy, besides bitcoin, which other coin that recommended to store value?
Oops sorry mean 1920,s in the uk
In the 1950's we had money backed by metals and interchangeable…today we have fiat currency not money but fed I.O.U,s debt instrument..!!!
Printing 2 trillion US $ should cause inflation of the US economy but would it cause inflation of the UK Β£ , the EURO or the Swiss F ? Not unless the British Europeans and Swiss also print an equivalent
To bad I can't get a lot of bitcoin right now and if bitcoin has a huge increase it will probably happen before I can afford to buy more.