Foolsgo1d
Peacock
What sort of things are you stocking up on?
Not necessarily stocking up but buying heavy/bully items that may have higher and higher costs to deliver thanks to fuel prices and shortages.
What sort of things are you stocking up on?
JP Morgan says Gas is going to $6 a gallon. This has to be absolutely destroying commuters.
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Gas prices are headed to $6 a gallon in the US as the summer driving season kicks off, JPMorgan says
Drivers in California are already paying more than $6 a gallon for gas, according to AAA, and just three states are paying under $4.markets.businessinsider.com
It already destroyed a Michigan police department.JP Morgan says Gas is going to $6 a gallon. This has to be absolutely destroying commuters.
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Gas prices are headed to $6 a gallon in the US as the summer driving season kicks off, JPMorgan says
Drivers in California are already paying more than $6 a gallon for gas, according to AAA, and just three states are paying under $4.markets.businessinsider.com
Yeah..... we didn't have enough scratch to build a fence on the border, but just like that, we can cough up 600 million or so for Ukraine's nationalism, border protection and whatever else. Funny how that works.
What will all these liberals do when they have to stop championing border protection, nationalism and civilian gun ownership?
Reading through this thread it looks like Russia and China have been preparing for these events for some time and are reacting quickly.
Meanwhile all our governments that are penetrated by Klaus Schwab, who is obsessed with how we might deal with every situation, are slow and seem to have little up their sleeve.
If you put it all together, I'd guess they must have a trump card that they hope will take out Russia, China etc. too. They can head to their NZ bunkers when the crash hits and come out when a few billion have perished.
Any ideas of cards they could play in such a scenario?
Not many.... They are very difficult to find, even in metropolitan areas.Ethanol? I've heard the ethanol is what makes it spoil quickly. I know some gas stations sell ethanol free gasoline.
Not many.... They are very difficult to find, even in metropolitan areas.
That's exactly why I was looking for one!There's multiple in my area. You want to find whichever gas station caters to the local boaters.
Not likely. They seem to think that getting Russia to invade Ukraine was the trump card. That was supposed to result in: Russia invades -> Russian military gets bogged down -> Russian military repeat of Afghanistan -> People become unhappy with Putin -> Putin gets color revolutioned -> Hand-picked puppet is installed and breaks Russia up.
They actually think they can beat Russia in a conventional war. Which...to some extent it appears that way at face value, but any kind of protracted campaign would be devastating for the West because Russia has strong domestic production capacity whereas the West has destroyed most of theirs. It's a bit of a reverse World War 2 situation where the West needs to win quickly before their opponent's industrial base turns the tide.
What I would suggest: buy your hard asset purchases now. That’s the best way to survive rapid inflation.We share the car. I doubt highly that I'm going to get my own this year, I've given up on it. I'm debt-free as of this year, but I am worried that that isn't going to be worth much, as the grocery bill is gonna be like what, a thousand bucks a month? It's heading in that direction.
I know that it's not of great character to whine but I am really not enjoying this crunch, and it's making me miserable.
Me and my housemate combined have an income of over six figures (not too much past that). We're not in dire straits, but we're still feeling the pinch of gas prices and groceries, and I'm trying as hard as I can to eat most (for now, free) meals at work so that the grocery bill isn't so high.
As my job is service industry I can say that I'm sometimes up half the night worrying about when prices will start impacting my hours. I've begun to stress out about little things like lights being left on, because I'm obsessed with trying not to waste money. I've lost most interest in things like eating out or doing anything outside of being at work, being at home, or maybe exercising.
We share the car. I doubt highly that I'm going to get my own this year, I've given up on it. I'm debt-free as of this year, but I am worried that that isn't going to be worth much, as the grocery bill is gonna be like what, a thousand bucks a month? It's heading in that direction.
I just feel like this is some kind of new normal, like gas is not going to ever go below four dollars ever again, and we're gonna get slapped with another stupid lockdown and crime is going to keep going up. Worst part of all of this is that I actually love my job, and my coworkers - and they like me. But I don't want to be social with coworkers outside of work, because let's face it - all of this makes me want to spend more and more time alone. I'm too stressed out to want to make friends with anyone, and I turn down offers & ignore texts often.
I'm sorry if this post didn't have much of a point. I just wonder if anyone else feels like this. Lockdownerism ended just in time for life to become completely unaffordable. I almost wonder if it's going to be like this forever.
What I would suggest: buy your hard asset purchases now. That’s the best way to survive rapid inflation.
And it won’t go on like this forever.
Because most people are NOT at six figure incomes, let alone in an affordable cost of living area. The cracks in the dam are now starting to leak and something has to give.
You mean because money is still cheap? As in buy a house, buy land or a business? Can you elaborate, I'm always interested in things like this as my money is currently rotting in a bank account and I feel like my businesses will dip severely when things finally hit the fan. I've considered selling at least one arm of my business and it would bring a small fortune right now probably 5x net for what it is but then i just have more money rotting in the bank, investments are very hard to come by right now.
To hedge against inflation, wealthy stock up on hard assets - InvestmentNews
Although it is debatable whether inflation will become a problem for the U.S. economy, wealthy investors aren't taking any chances and are piling into tangible assets.www.investmentnews.com