Monday, May 10, 2021

Stagflation it Is

It looks like inflation is really starting to romp at the "basic goods" end of the economy, pretty much as predicted. That's going to nuke the "useless trash" investment end of the economy, like shitcoins and NFTs and all that garbage. Basic materials like oil, copper, lumber, and now food are going to go bonkers in big rando bubbles. It'll probably be completely unpredictable because a large portion of it is attached to the casino/fraud "markets". So right now lumber is astronomically expensive, but that money will rotate out into the next rando thing that gets super expensive.

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