CRP Patreon Exclusive: “Understand The Coming Hyperinflation”

September 2021 and Portugal is putting profit limits for fuel distributors... Hmmmm price controls, the first step in every socialist country collapse

buy crap while u still can. You will always need food. Hold all the consumables you can that won't rot quickly. Assuming you don't have the money to buy hard assets then you can eat that while everyone else eats their worthless paper money.

Coach, have you seen Ray Dalio's series on LinkedIn: "The Changing World Order"? Book due out in August. Even Dalio sees a major shift on the horizon, recently said he prefers Bitcoin over Treasuries.

The deflation is a by product of the destruction of manufacturing in the US; this is extremely dangerous as it only takes a small disruption in the supply chain to cause major issues. Take a look at Unrestricted Warfare and you'll understand what's going on. The US is the laughing stock of the world right now and it's intentional, is being destroyed within itself.

There is a problem with your reasoning. We've been deflating for decades due to technology and qe etc. People don't understand that inflation in assets is not the same as supply shocked etc.

The problem is that USA and Europe are printing money as they were still rulling the world economy but it is not the case anymore and it will be lesser and lesser in the future. Behind hyperinflation there is always an economic collapse. A moderate inflation is good for the debt. USA has printed much more money than europe. we can still avoid a crisis but for sure now they must stop printing more money.

Cobbler, keep to your last. Plenty of sound economists (e.g. Lacy Hunt) are saying the Fed is not going to be able to effectuate inflation without a change to the Federal Reserve Law. We could easily continue the path of disinflation for decades (bump here and there). It's going to be shitty either way but not guaranteed via inflation. It's the most complex stuff known to man, macroeconomics.

How will hyperinflation affect home prices and when will it be a good time to buy? What do you think of HELOCs?

NEXT VIDEO PLEASE WTF DO I DO

They will silence anyone with a large following who speaks the truth.Look at what they did with dr.michael burry.

By the way, I agree with your YT video about that Nash clown.

Mickey Turner

LMAO , are you serious?

To what extent does this apply to the EU and UK? I imagine a hyperinflation in USD would definitely have ripple effects but does this mean that hyperinflation would occur in several of the biggest economies? What are the implications of that, and what strategies are there to keep the little that I have safe?

You know I was a believer in hyperinflation as well but the very real possibility exists of a deflationary crisis. It may not seem possible at face value but when the world is scared due to a crash they want dollars. Most people hold very few dollars, most of their wealth is tied up in stocks or real estate. The herd rushing to dollars if the markets stall out or if we have mass evictions is going increase the value of the dollar and cause more cheap imports to flow into the county for a time. I’m not saying this doesn’t end in a dollar collapse but I think it would be prudent to prepare for both scenarios.

BYND will also succeed due to everything getting softer these days via emasculation. Went from rock & roll bands to boy bands pretty quickly. All woke businesses are thriving (Nike, Target,Dickes sporting goods etc.) Taking the man's meal will be next. Might as well make money while it happens

I've been loading the boat on commodities the past few years. GDXJ,SILJ,MOS,UUUU,CCJ are all good stocks to be owning. People have been spoiled with cheap necessities for a long while. It's crucial to own a home/land as well. Glad my family has a 350 acre farm. Grain prices have been rocketing lately. BYND and NET are other interesting stocks that could be huge long term. BYND "meat" will eventually be cheaper than the real stuff due to raising coats to raise livestock. The government will also never let it fail because of the climate agenda and will likely give them a lot of subsidies soon. Gluck all, cheers

Michael LOL. That's what I've been trying to work out for a fair while now. Not with the tech part. I'm a dummy with technology even though I have tried. I would imagine it to be some automation fields or something like that and would be very interested in Gonzalo's view.

Inflation is transitory, prices will rise 2% a year in next decade. Nothing to worry about, we’ve seen it last decade that nothing happened

Excellent topic CRP - thanks for getting into this more. I joined your Patreon earlier on hoping you'd get into more financial topics. This hyperinflation keeps me up at night as someone who hasn't been an irresponsible dipshit, and has managed to amass some significant life savings. Have a good chunk in the stock market, bonds, cash, and a bit of metal. But really, I am terrified and don't have a lot of confidence in what to do next. I think I agree with your call on going into debt (at rates that aren't linked to inflation) to buy real estate but the challenge is in Canada is that mortgages typically become open for rate resets every 5 years. I am betting as inflation picks up, the bond market drives bond prices down, increasing yields, and it reflects in mortgage rates. So in a nutshell, don't know what the right option is for someone in Canada. My own financial advisor says this inflation trend is transitory, and that there are a tonne of deflationary forces still existent in the world. Namely, technology and that the western populations are getting older. We need some central bankers that the guts to do the right thing. These CBs have been reckless and irresponsible. Anyways, I definitely look forward to your thoughts CRP! Thanks again for raising this topic.

In a messed up way this makes me feel better. I've been telling people for a while that we're going to go into a depression.

How will Hyperinflation affect crypto? Thanks.

I’m in the same boat as you, just started working on my long term portfolio but in all honesty you shouldn’t worry especially if you are dollar cost averaging and if you’re are thinking long term 10+ years. If we do enter bear market this few years then that’s great, continue averaging into solid projects, don’t let fear get to you because in fearful market is how fortunes are made.

I finally found "the Gonzalo Lira song" a/k/a "the Coach Red Pill theme music" 🥳 http://bit.ly/2QYh5z0

Can you talk about what to do with stocks? I don't know whether to sell or not.

Not only is there no Paul Volker but even if there was, he couldn't do the same thing now - the debt levels are too high. Both corporate and national. Back then the U.S. had transitioned to the world's largest debtor from being the world's largest creditor, but national debt was - well people at the time thought it was a mountain, but it wasn't a mountain so large it couldn't be serviced at the interest rates that were charged. Into the '90s when the Bond Vigilantes were still around, interest rates were, well not "free market rates" but closer to that. But the elites hated that fact. Carville "joked" about it but it was a sinister joke. They dealt with Bond Vigilantes by ending any market relationship between government (and corporate) debt levels and the interest rates. Unleashed the full power of central bank & fiat. Which like you said, can only end one way. But that's why we're strapped to the rails now. Nobody could raise those rates like Volker did, since there's no way the debt loads could be serviced - so governments would just print money (like Weimar did) to close the gap. End result would be the same.

Porphy's Attorney

The Ben Bernank(e) - fun times. I miss the Ben Bernank(e); tho Jerome is lulz, too. > I won't be laughing when... I know, I know.

Porphy's Attorney

Wise move; Alphabet Corp (and the like) aren't going to let people say truthful things on their platforms. Though I would recommend you alert your YT viewers to that effect. BPS & some others have done that.

Porphy's Attorney

Printed almost 700billion in last few weeks, eh what a time we live in.

I would be really interested to hear your thoughts on how various industries will cope with this. What would be the best career fields to get into? I'm in tech and wondering if it was the right choice.

Painter didn't do that. He acuire power after hiperinflation. He printed more cash and get more in debt. 3rd Reich was bankrupt, but because of war nobody pays attention to that.

Will it be the same in the EU as I the USA?

I am much interest. My boner is hyper inflated.

They think they can control or direct the inflation into certain areas, industries, goods/ services Could be very wrong but when food skyrockets governments get overthrown Maybe the elite are completely unafraid and food will go up anyway

Currently watching "Endgame: Episode 1" which is free to watch for another 11 hours. Seems right on point to this discussion. So far I know that Robert Kiyosaki, George Gammon, and Peter Shiff are interviewed, don't know who the other guys are. Hopefully Lynn Aldern makes an appearance, she knows her shit https://endgameseries.com/viewing

So long story short, if you have cash put it into hard-assets and real estate. Also Coach, part of the reason for the price increases across the asset classes like lumber and steel is because of supply constraints too.