Quote Originally Posted by Adam Strange View Post
Mass inflation?

Two things.

One, I don't see mass inflation anywhere. Gas is cheap, food is cheap, rent is affordable, interest rates are close to zero. You should omit that part in your next rant. It's not accurate.

Two, inflation is a debtor's friend. If you are up to your ears in debt and inflation is massive, you will end up paying back your loan in cheaper dollars. Most Americans should welcome inflation.
But, as you pointed out, the country is not being run for the debtors so inflation is low. Those people who are in debt by hundreds of millions of dollars, like our Get-rich-by-inheriting-it last President, have incredible tax write-offs and depreciation to help even the most stupid among them be able to make money. You have to be monumentally stupid to lose money on real estate in the US.
First, "mass inflation" isn't a thing until it is. If the WSB crowd is following through on a long term plan they've got it right. After they've massively increased their resources with Diamond Hands in regards to the stocks they're doing a glorified version of pumping and dumping they will have nuked the Hedge Fundies.

However, as anyone like me knows, financial institutions like Hedge Funds are the "minibosses" of the system. The "Final Boss" is... The Banks.

What do banks all around the world short to the degree that makes the shorts of $GME look quaint? Precious Metals. Now, as banks have way more capital (due to their ability to print it out of thin air) than any individual hedge fund does. You're gonna need an order of magnitude more capital to force a short squeeze in those markets than you currently possess even as a crowd sourced rouge hedge fund (i.e. what WSB/the day traders are). The WSB boys seem to realize that though. They are currently "leveling up" fighting the hedgies. Once they cash out their $GSE positions for significant gains after they've crashed the hedgies they're gonna take said gains and move on to the final boss, the banks.

I for one welcome this timeline. Andrew Jackson was one of the greatest statesmen of all time for but one reason, he killed the bank. Kill the bank folks, that was always the final boss. Everything after that is just a fun fight between equals .