Inflation about to rip through the stock markets and cause tremors due to the massive money printing and cheap credit of last year.

I mentioned few weeks ago, some got offended that it would happen during Bidens tenure. Well markets don't care whose tenure it is, they do what they need to do.

Ibime:
Inflation about to rip through the stock markets and cause tremors due to the massive money printing and cheap credit of last year.

I mentioned few weeks ago, some got offended that it would happen during Bidens tenure. Well markets don't care whose tenure it is, they do what they need to do.

Buddy, you are falling for this Republicon propaganda big time. The stock market is fine and dandy. If I believe what you are saying, I will sell my stock now but I know that the Bull Market is booming. In fact, it was the secret memo Republicons are passing through their congressional members to talk about during the Summer recess because they have nothing to run on in 2022. If a recession happens, that won't be the first time or the last time in America but to be alarming people about the coming recession that's not on the radar yet is something. America's economy is roaring back big time because coronavirus is being stemmed and businesses are opening back up big time. Ask any fair minded Americans the difference in the US economy 6 months ago and now and call me out. Don't fall for that bs being thrown out by the RepubliKKKan Party of Hate, Bigotry and Misogyny.

DissTroy:
Biden unequivocally declared support for Israel yesterday and stated the Democratic Party is pro-Israel. Interesting, considering the fact that Leftist minions, even on Nairaland, kept attacking Trump for his pro-Israel stance.

All of a sudden the minions are dyslexic and have developed severe glaucoma - they can't see. Need eye surgery, gentlemen? You could use text-to-speech apps for a start.

Biden is not an idioot that won't back Israel
Especially as America spent the better part of 20yrs fighting terrorist groups like Israel is doing with Hamas

If a terror group make Mexico its base and launches 100s of rockets into USA everyday, I wonder what America would have said to it

Ibime:
Inflation about to rip through the stock markets and cause tremors due to the massive money printing and cheap credit of last year.

I mentioned few weeks ago, some got offended that it would happen during Bidens tenure. Well markets don't care whose tenure it is, they do what they need to do.

Inflation is when sellers up their prices because inputs have gone up in price. I've been trying to get a laptop with an RTX 3080 since the beginning of the year, and currently they reckon it might be available in July unless I'm willing to pay the inflated price of twice as much. They said February too, and March and May and June and I'm beginning to wonder its gonna be available the day orange turd drupmtf gets sworn in for his second term and we all know that's on a never never ever.

Expect share prices to inflate too along with commodities before it all comes tumbling down like the ponzi scheme it is.

PrideofLincoln1:
Buddy, you are falling for this Republicon propaganda big time. The stock market is fine and dandy. If I believe what you are saying, I will sell my stock now but I know that the Bull Market is booming. In fact, it was the secret memo Republicons are passing through their congressional members to talk about during the Summer recess because they have nothing to run on in 2022. If a recession happens, that won't be the first time or the last time in America but to be alarming people about the coming recession that's not on the radar yet is something. America's economy is roaring back big time because coronavirus is being stemmed and businesses are opening back up big time. Ask any fair minded Americans the difference in the US economy 6 months ago and now and call me out. Don't fall for that bs being thrown out by the RepubliKKKan Party of Hate, Bigotry and Misogyny.

I finally got to speak with one of my cousins in Atlanta yesterday. He apologized for not being able to keep in touch for a while. I asked why. He said work work work. 6 people quit at his firm for another company that pays higher. He said they are swamped with work and find it hard to hire new employees. He said as it is right now, there are more jobs than available workers.

Tdotbluejays1:

I finally got to speak with one of my cousins in Atlanta yesterday. He apologized for not being able to keep in touch for a while. I asked why. He said work work work. 6 people quit at his firm for another company that pays higher. He said they are swamped with work and find it hard to hire new employees. He said as it is right now, there are more jobs than available workers.

Your cousin is spot on. My Brother lives in Marietta which is outside of Atlanta and he said the same thing. That's not limited to Georgia alone. It's across the length and breadth of the Fruited Plains and I don't know where Ibime is getting his information about the stock market tanking from. America is on the rise again because President Biden is doing a hell of a job stemming the deadly Trumpvirus that the worthless racist pig Trump neglected.

budaatum:


Inflation is when sellers up their prices because inputs have gone up in price. I've been trying to get a laptop with an RTX 3080 since the beginning of the year, and currently they reckon it might be available in July unless I'm willing to pay the inflated price of twice as much. They said February too, and March and May and June and I'm beginning to wonder its gonna be available the day orange turd drupmtf gets sworn in for his second term and we all know that's on a never never ever.

Expect share prices to inflate too along with commodities before it all comes tumbling down like the ponzi scheme it is.

It's not just in the UK. Same here in Canada, alot of items are on back-order due to Covid created issues (manufacturing facilities shut downs/supply chains). Some kitchen appliances have to be ordered 3 to 6 months in advance. Like you mentioned, to get one earlier, one must be ready to pay exorbitant/inflated prices often from 3rd party sellers.

https://www.designerappliances.com/blog/covid19-appliance-shortage/

Ibime:
Inflation about to rip through the stock markets and cause tremors due to the massive money printing and cheap credit of last year.

I mentioned few weeks ago, some got offended that it would happen during Bidens tenure. Well markets don't care whose tenure it is, they do what they need to do.

Pandemic recovery efforts I guess.

Just as in the US, the interest have been deliberately kept low in Canada; hence, the cheap credit. If that wasn't done, Covid would have destroyed the economies of these western nations. I know for sure that if the government had not jumped in, there would have been an housing market collapse/foreclosures at the start and during the earlier days of the pandemic. This would have sent shockwaves throughout every sector of the economy as well. Maybe it's a case of choose your poison? I don't know. What I do know is that the gov likely went the best route with less negative impact to the economy.

My 2cents.

https://www.cnbc.com/amp/2021/03/17/how-the-fed-decision-to-keep-interest-rates-low-impacts-your-wallet.html

https://www.cbc.ca/news/business/bank-of-canada-benchmark-interest-rate-1.5995999

PrideofLincoln1:
Your cousin is spot on. My Brother lives in Marietta which is outside of Atlanta and he said the same thing. That's not limited to Georgia alone. It's across the length and breadth of the Fruited Plains and I don't know where Ibime is getting his information about the stock market tanking from. America is on the rise again because President Biden is doing a hell of a job stemming the deadly Trumpvirus that the worthless racist pig Trump neglected.

The blind old man is at it again. Ibime is even late because inflation is already tearing people apart here in the Fruited Plains. Even the press sec. I Psaki said the inflation is part of their economic plan. You can bury your head in the sand but the reality will still kick you in the nuts.

Tdotbluejays1:


Pandemic recovery efforts I guess.

Just as in the US, the interest have been deliberately kept low in Canada; hence, the cheap credit. If that wasn't done, Covid would have destroyed the economies of these western nations. I know for sure that if the government had not jumped in, there would have been an housing market collapse/foreclosures at the start and during the earlier days of the pandemic. This would have sent shockwaves throughout every sector of the economy as well. Maybe it's a case of choose your poison? I don't know. What I do know is that the gov likely went the best route with less negative impact to the economy.

My 2cents.

https://www.cnbc.com/amp/2021/03/17/how-the-fed-decision-to-keep-interest-rates-low-impacts-your-wallet.html

https://www.cbc.ca/news/business/bank-of-canada-benchmark-interest-rate-1.5995999

We just hope basement rent in Saskatchewan don't go up. I know you are a Keyboard billionaire but landlords don't accept keyboard currency.

I can see some rules are being broken again by the particular troll. Reporting takes 2 seconds guys.

Please Observe The Following Rules: (skip)
1. Please post all threads in the right section, and don't derail threads by posting off topic.
2. Don't abuse, bully, deliberately insult/provoke, fight, or wish harm to Nairaland members OR THEIR TRIBES.

Rule 19. As well.

budaatum:


Inflation is when sellers up their prices because inputs have gone up in price. I've been trying to get a laptop with an RTX 3080 since the beginning of the year, and currently they reckon it might be available in July unless I'm willing to pay the inflated price of twice as much. They said February too, and March and May and June and I'm beginning to wonder its gonna be available the day orange turd drupmtf gets sworn in for his second term and we all know that's on a never never ever.

Expect share prices to inflate too along with commodities before it all comes tumbling down like the ponzi scheme it is.

This guy has no idea what he is talking about. Laptops are not a yardstick to measure inflation. You use regular commodity like food items, building materials etc.
Playstation 5 and Xbox series x are in the same. Parts are scarce, scalpers are buying them and if a regular person can't wait for the console to be available then they can buy it foùr times the store price.

When demand is higher than supply price will go up because there is scarcity. Basic economy and you don't understand. Your laptop talk has nothing to do with inflation.

I believe that is why Ibime did not respond to you. We both have one thing in common. We know crypto and how market works

budaatum:

Expect share prices to inflate too along with commodities before it all comes tumbling down like the ponzi scheme it is.

Share prices won't rise with inflation. When inflation hits, monetary policy response is to raise interest rates, investors flee to bonds, commodities and other inflation hedges.

PrideofLincoln1:
Buddy, you are falling for this Republicon propaganda big time. The stock market is fine and dandy. If I believe what you are saying, I will sell my stock now but I know that the Bull Market is booming. In fact, it was the secret memo Republicons are passing through their congressional members to talk about during the Summer recess because they have nothing to run on in 2022. If a recession happens, that won't be the first time or the last time in America but to be alarming people about the coming recession that's not on the radar yet is something. America's economy is roaring back big time because coronavirus is being stemmed and businesses are opening back up big time. Ask any fair minded Americans the difference in the US economy 6 months ago and now and call me out. Don't fall for that bs being thrown out by the RepubliKKKan Party of Hate, Bigotry and Misogyny.

Your problem is we are talking markets and just like before, you jump straight in to unconnected talk about Republikkkans.

My post has nothing to do with politics, although I'm sure Republikkkans will try to capitalise on it.

Ibime:


Your problem is we are talking markets and just like before, you jump straight in to unconnected talk about Republikkkans.

My post has nothing to do with politics, although I'm sure Republikkkans will try to capitalise in it.

PrideofLincoln1 thinks you are attacking his god Joe Biden. You cannot state fact or truth

Ibime:


Your problem is we are talking markets and just like before, you jump straight in to unconnected talk about Republikkkans.

My post has nothing to do with politics, although I'm sure Republikkkans will try to capitalise in it.

Facts according to Republicon Party who has nothing to run on in 2022 except the memos they are passing around their Congressional members to be their talking points during the Summer recess. Why don't you back up your points with evidences either from the SEC or any non partisan economic groups. You are falling for the okee dokee.

Ibime:
Inflation about to rip through the stock markets and cause tremors due to the massive money printing and cheap credit of last year.

Reference?

Enugurangers:

Reference?

Good point. I don't know where he's getting that junk from. In fact, the stock market that Trump was telling people during the Presidential campaign that it will tank if Biden wins the presidency is performing well. This is a Bullish market here and millions of Americans that have their 401K in the Stock Market are very happy and here's Mr Ibime with his doom and gloom assessments. He's just following the Republicon garbage of trying to talk down the market but it ain't gonna work and that's why I asked him for a reference like you just did.

Enugurangers:

Reference?

Check CPI and PPI

PrideofLincoln1:
Good point. I don't know where he's getting that junk from. In fact, the stock market that Trump was telling people during the Presidential campaign that it will tank if Biden wins the presidency is performing well. This is a Bullish market here and millions of Americans that have their 401K in the Stock Market are very happy and here's Mr Ibime with his doom and gloom assessments. He's just following the Republicon garbage of trying to talk down the market but it ain't gonna work and that's why I asked him for a reference like you just did.

Ibime your turn

PrideofLincoln1:
Facts according to Republicon Party who has nothing to run on in 2022 except the memos they are passing around their Congressional members to be their talking points during the Summer recess. Why don't you back up your points with evidences either from the SEC or any non partisan economic groups. You are falling for the okee dokee.

Keep jumping into Politics when we are discussing markets. When Financial publications are analysing the state of the market, politics is the last thing on the mind.

Ibime:


Keep jumping into Politics when we are discussing markets. When Financial publications are analysing the state of the market, politics is the last thing on the mind.

Oh na na, common man, the republican did it. Donald Trumpo did it. You must stay in the talking point. Else you ain't black

PrideofLincoln1:
Good point. I don't know where he's getting that junk from. In fact, the stock market that Trump was telling people during the Presidential campaign that it will tank if Biden wins the presidency is performing well. This is a Bullish market here and millions of Americans that have their 401K in the Stock Market are very happy and here's Mr Ibime with his doom and gloom assessments. He's just following the Republicon garbage of trying to talk down the market but it ain't gonna work and that's why I asked him for a reference like you just did.

I can't remember the last time the world dealt with a pandemic at this scale, so it's pointless to point to some old metrics, and the stock exchange is not even a reflection of the total economy. For most Americans, a stock price increase is pretty immaterial to their well-being.

Gladly, the economy is not in a free fall as portrayed by the alarmist(s). Top economists advise governments on how to calibrate the macroeconomic indicators for a steady recovery which is what is being witnessed. Economic policies are not stagnant. The feds would start raising interest rate depending on the speed of economy recovery to prevent overheating.

Ibime:


Keep jumping into Politics when we are discussing markets. When Financial publications are analysing the state of the market, politics is the last thing on the mind.

FYI, that's my line of work for your information. It's the junk that the Republicons are throwing out that I am calling you out about. CPI is Consumer Pricing Index and that's not a sure indication of the stock market falling or tanking. That's my contention with you. My wife and I are heavily invested in the market for 20+ years and I am not going to let our retirement funds go haywire because of the fear of the unknown. In fact, the stock market is the best place to keep your money in the long run because you will come up ahead. It's better than I Bond, Treasury Bill's or Certificate of Deposits. So why are you throwing this falsehoods out knowing that it's false. If you have money in the market, you can pull your money out if you think the coming inflation will tank the stock market.

Enugurangers:

I can't remember the last time the world dealt with a pandemic at this scale, so it's pointless to point to some old metrics, and the stock exchange is not even a reflection of the total economy. For most Americans, a stock price increase is pretty immaterial to their well-being.

Gladly, the economy is not in a free fall as portrayed by the alarmist(s). Top economists advise governments on how to calibrate the macroeconomic indicators for a steady recovery which is what is being witnessed. Economic policies are not stagnant. The feds would start raising interest rate depending on the speed of economy recovery to prevent overheating.

I am thrilled to see you guys have a discussion for once where you disagree and challenge each other.

Nice Ibime for bringing this up. Budaatum your input is needed more. I will be watching time to time.

PrideofLincoln1:
FYI, that's my line of work for your information. It's the junk that the Republicons are throwing out that I am calling you out about. CPI is Consumer Pricing Index and that's not a sure indication of the stock market falling or tanking. That's my contention with you. My wife and I are heavily invested in the market for 20+ years and I am not going to let our retirement funds go haywire because of the fear of the unknown. In fact, the stock market is the best place to keep your money in the long run because you will come up ahead. It's better than I Bond, Treasury Bill's or Certificate of Deposits. So why are you throwing this falsehoods out knowing that it's false. If you have money in the market, you can pull your money out if you think the coming inflation will tank the stock market.

The bolded are redundant. When old men try to use the internet.

Your wife? Which of them? I know one of them just left you and you have your 3 girls with different women. Which of your wife? I know one of them has passed on too. Please explain

benalvino2:


I am thrilled to see you guys have a discussion for once where you disagree and challenge each other.

Nice Ibime for bringing this up. Budaatum your input is needed more. I will be watching time to time.

I would have loved to discuss more after someone introduced me to this thread, but the frequent derailing by a few can be very irritating. I almost want to close this account as soon as I opened it.

Enugurangers:

I can't remember the last time the world dealt with a pandemic at this scale, so it's pointless to point to some old metrics, and the stock exchange is not even a reflection of the total economy. For most Americans, a stock price increase is pretty immaterial to their well-being.

Gladly, the economy is not in a free fall as portrayed by the alarmist(s). Top economists advise governments on how to calibrate the macroeconomic indicators for a steady recovery which is what is being witnessed. Economic policies are not stagnant. The feds would start raising interest rate depending on the speed of economy recovery to prevent overheating.

You nailed it again. Coronavirus messed up the world wide economy and in US and other Western Nations, the relief funds were doled out to the citizens to ease the pain of the pandemics and hence the so called money printing. That's why the first thing that Biden did when he came in on Jan 20 was to find effective way to stem the spread of the deadly virus and now by July 4, 75% of all Americans would have gotten their full shots of the coronavirus vaccines. The economy is opening up big and many companies are blooming unlike 6 months ago when we were losing thousands of people daily and everything was shut down. He keeps up harping about inflation like inflation is not part of economics of any country.

PrideofLincoln1:
You nailed it again. Coronavirus messed up the world wide economy and in US and other Western Nations, the relief funds were doled out to the citizens to ease the pain of the pandemics and hence the so called money printing. That's why the first thing that Biden did when he came in on Jan 20 was to find effective way to stem the spread of the deadly virus and now by July 4, 75% of all Americans would have gotten their full shots of the coronavirus vaccines. The economy is opening up big and many companies are blooming unlike 6 months ago when we were losing thousands of people daily and everything was shut down. He keeps up harping about inflation like inflation is not part of economics of any country.

It's much ado about nothing.

Enugurangers:

It's much ado about nothing.

Exactly. He lives in Great Britain and he's not telling us the inflation in GB will tank their stock market but he's so focused about the stock market in US tanking like it's only US that printed money. All those pandemic relief funds Britain doled out to her citizens are printed too. So what makes US different from Britain ?. He never uttered a word about the British stock market tanking. I guess why.

Enugurangers:

I would have loved to discuss more after someone introduced me to this thread, but the frequent derailing by a few can be very irritating. I almost want to close this account as soon as I opened it.

Sadly that's how it is here. People tend to even curse on your family if you don't agree with them.
But I still think it's fun to be here. It's 9:05am here in Port Harcourt and it's gonna be a slow week for us which I like