Best time to sell Q1 2021

When shit hits the fan people will liquidate their tesla stock for 50% or less of current value because they'll have to buy 50-100% more expensive food and pay their rents. Look at the price of every single commodity over the last few months. Look at food price inflation.

 

Just because CPI is low it does not mean inflation is low. Specially not for the poor who spend most of their money in housing and food, which are both getting more and more expensive.
Another reason we don't have a higher CPI is because the world keeps getting more and more productive over time, so we should have deflation, which is good. So the inflation the central banks create just balances out with the deflation that we should have been always experiencing, just like it was back when currency was money.

 

tesla is actually a good bet if you can get it at a much lower price but even 50% discount is still too expensive. I'd be more interested in SpaceX if it goes public. SpaceX is the most valuable company in the world. Even money can't buy you SpaceX because what they have achieved cannot be done using money. Jeff Bezos has been dumping his amazon shares to pump billions into Blue Origin with nothing to show.

 

Yeah I agree completely. I would buy a bit of tesla 60% down from here, but only load up on it at a 80-100PE ratio. Anything over that is just ridiculous

 

How does MMT deal with USD floating around outside the control of the US Government? What happens when the dollar loses reserve status to crypto/gold/yuan etc?

 

The CPI is not the only information we have. If you look into the CPI it separates it by sections. Go through food and housing and you'll see the inflation... the way the CPI was engineered is to always make it seem lower than it actually is so the government can say everything is good.
And how can you argue that the natural course is deflation? The world has had massive deflation for a long time, specially after the industrial revolution. Everything gets cheaper as we can make much more with less effort, more productivity, technology. So if we were supposed to have lets say a 2% deflation and we end up having 2.1% CPI it means we had 4.1% inflation. If we used real money deflation would be the natural course of things. And that would be good, people would save money and interest rates would be low without the central banks having to destroy the free market with the printing presses. How can you not agree with this if you're a PM enthusiast?

 

This is what happens when the currency is money

 

This is what happened after the FED.
Currency became toilet paper

 

When does the government ever do anything right? When did libertarians and big gov start holding hands?

 

It's no different than what we have and has failed thousands of times before.
A new fancy name doesnt change anything.
This is way over some peoples heads for some reason.

 

they must only be doing the Right things only lol
well people since the zero minute, done only wrong...we are here today
had it been done right just the for first minute, we will never be here

 

A

Are you kidding me? They are buying gold hand over fist. Russia has now more gold than dollars for the first time in quite a while aswell

 

It hasn't, yet. Because ppl still think it's a reserve currency. When gold goes over 2100 and starts mooning the dollar will be under real attack and we will see how it unfolds.