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Tasty Pymp
PensionCraft
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Comments by "Tasty Pymp" (@tastypymp1287) on "House Prices Dropping" video.
Turn your phone up.
3
Inflation did not start out as an energy surge. Inflation was increasing before the energy crisis. We all know this Inflation is ultimately caused by money supply. It always is.
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@JC S Nothing is overpriced. Everything is priced exactly at the point people are willing and able to pay according to the demand and supply. 'Over/under valued/priced' is investment industrial complex speak. Sales patter. "Hey, these assets are cheap right now, great value!!". Yeah, they need you to believe that. Valuations are based on opportunity and risk. Prices are based on supply and demand. At no point are valuations or prices 'incorrect' unless an administrative mistake has occurred. Which is virtually never. A 'bubble' is when demand significantly outstrips supply. But if it was 'overpriced' then demand would falter. Nobody 'needs' financial assets, they are not in the lower categories of the hierarchy of needs. Whether they are foolish or not is another matter.
2
Why do you need to be told what to do or think?
1
Always?
1
False. Nothing is overpriced. Learn economics.
1
How will they stop it Rex? Sounds like hopium to me.
1
@David Kelly Quantitative Easing. Not going to happen this time....
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@Mark Starr Nope. Investors won't have it. They demonstrated that when they effectively fired Truss and Kwartang by proxy. Lots of debt issued at ultra low yields. Now high inflation which is kryptonite to debt. That debt is now worth considerably less than before, and likely now at a loss. Creditors wants compensation. That means higher rates, for longer. People don't get it. They talk of the Fed pivot. It's already happened....
1
I don't believe they claim to know.
1