What Will Happen If the United States Hits 100% Inflation
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- Опубліковано 27 вер 2024
- We've all seen gas prices climb to insane amounts, but is this just the beginning? Check out today's insane new video to look at what the US would be like if it hit 100% inflation rates! Could this terrifying scenario happen? Watch and find out!
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Another reason it's less likely to happen that way is that there is already too much demand waiting to absorb that regardless of how everyone is panicking and calling the crash. Nobody was making this prediction in 2008, at least not the general public, as I indicated below. In the other comment, it was mentioned that the ownership rate peaked in 2004. As of today, we are at the median level, having previously peaked in the second quarter of 2020. It decreased by 3% over 4 years, from 2008 to 2012, going from 68 to 65 in the second quarter of 2020.
Most people are unable to handle a fall since they are accustomed to bull markets, but if you know where to look and how to get around, you can profit handsomely. It depends on your entry and exit strategy.
I agree; for more than 17 months, I have maintained a regular line of communication with a financial advisor. I do recall that, in the wake of a long divorce, I needed motivation to keep my firm afloat. Researching licensing consultants-also referred to as portfolio coaches by some-was my goal.
@@MarkFreeman-xi3rk I require suggestions on how to restore my portfolio and create more effective strategies in light of the huge declines. Where can I locate this instructor?
Thanks to my instructor Margaret Johnson Arndt I was better able to understand profit generating. You may get in touch with her by looking her up online and visiting her page. She is a certified financial advisor with the US SEC, and I have great faith in her
Margaret Johnson Arndt really seem to know her stuff. I found her website, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her.
Him: what if 100% inflation?
Germany in 1921-1923: first time?
Venezuela and Zimbabwe: Welcome to the club.
In reality, we won't see 100% inflation here, people who cite Venezuela and Zimbabwe have a very poor understanding of world politics and economics and can't see that the circumstances there differ substantially.
Hyper inflation in Germany during the the 20's is a good capsule. The cause of Germany's inflation then was a result of the allies pushing Germany to pay their full cost of fighting WW1. Then the depression, which hit Germany harder than many of the other countries.
As recession fears mount on Wall Street and inflation remains well above the Fed's 2% target, some of the top commentators in markets, business, and economics have been sounding off on just how bad they think the next downturn might be - and how far stocks may have to fall. I need ideas and advice on what investments to make to set myself up for retirement, my goal is to have a portfolio of at least $850k at the age of 60.
Since the crash, I've been in the red. I’m playing the long term game, so I'm not too worried but Jim Cramer mentioned there are still a lot of great opportunities, though stocks has been down a lot. I also heard news of a guy that made $250k from about $110k since the crash and I would really look to know how to go about this.
There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of Financial advisor.
Thats true, I've been getting assisted by a FA for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.
@@lipglosskitten2610 Impressive can you share more info?
@@martingiavarini Big Credits to 'Christine Jane Mcleanshe has a web presence, so you can simply search for, there are some others but it might be difficult to get them, but Christine as been a good guide through the year.
I'd be broke asf
I’m already broke asf tho
from broke af to broke asf
@15 Hours ago It doesn't matter. Every dollar is a debt note. For every dollar in your account, that's how far in debt you are.
Inflation is a hidden tax, on interest, on the "national debt" "loans" that mathematically can never be paid back. If one tolerates this, then they deserve what they get. Which will not be pretty. And its here.
@@seanhayes5853 you would be more broke
@@seanhayes5853 yeah I’m already broke
To combat the negative effect of inflation, it’s a good idea to diversify your portfolio across different asset classes, such as stocks, bonds, and real estate, since this can help protect your portfolio against inflation. I’ve heard testimonies of people accruing over $550k during recessions
Due to the ongoing war between Israel and Palestine, the stock market is a huge mess right now, I will suggest you get a Financial Advisor.
Yes true, I have been in touch with a financial advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
this is quite huge ! much more info needed please, what did you invest in ?
Nicole Desiree Simon is the advisor that oversees my portfolio, she's an extremely intelligent person, very thoughtful, cautious, and has a great deal of expertise, it's easy to find her on the internet.
She appears to be a true authority in her profession with over a decade of experience. I looked her up on the internet and skimmed through her site, very professional.. already sent her an inquiry hoping for a response soon..
I remember when candy bars were only 35 cents, a pack of smokes was $1.50, and gas was under $1. Sure miss those times.
How much was the minimum hourly wage?
@@sdrawkcabshitdaer5031 $5
@@sdrawkcabshitdaer5031 Keep in mind the dollar was able to be stretched further. Burgers were bigger and could be found for 40¢. Even up to the 1990s they were cheap as dirt especially from McDonald's during their 10 for $2.50 (or with cheese 10/$3.50) summer promotions.
that werent times it were rich insane rich countries
When I was a young child a candy bar in general was still .05. This was 1962-4, in 2010 that cost was about .75. now, just 12 year later that same candy bar is $1.25+. When I first started driving fuel was around.40 a gallon, mid 70's. Now look at it. Enjoy your weekend.
Labor rates and salaries will have to rise also. If I can’t afford anything I’ll stop working cause it won’t make any difference and plenty more will also. Economic collapse.
I love how his channel is inflating our minds with his videos
That’s a good kind of inflation.
Actually the video tells us what we already know, inflation ruins the lives of everyone, but explicitly covers up the reasons behind by mixing it with a bunch of other symptoms. Inflation is caused by printing money and only by printing money. None of the other symptoms would occur if the money supply was fixed.
@@funveeable no its also caused by a lack of confidence in currency
eDiT: thaNKS fOr alL tHE lIKes gUYs
its a corporation bro
I’m confident the current market has an equal possibility of making high-value gains or losses, so I'm cautious with my selections; but, I heard that a trader made over $250k in this recession influenced market, and I could really need ideas on how to achieve similar profits.
You’re right! The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner.
@@marianparker7502 Having an investment adviser is the best way to go about the market right now, especially for near retirees, I've been in touch with a coach for awhile now mostly cause I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I nettd over $220K during this dip, that made it clear there's more to the market that we avg joes don't know.
@@Natalieneptune469 that's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s the person guiding you.
@@mesutserim1595 The advisor I use is Corinne Cecilia Heaney, she's verifiable , so you could just search her.
@@Natalieneptune469 I looked up Corinne using her full name and found her web-page, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I sent a message and hopefully she responds soon.
if the us had 100% inflation, things would be 100% more expensive
🤯
Like child care?
😮😮😮
Zimbabwe had a huge hyperinflation problem, and actually printed a $100 trillion bill.
I purchased one years ago for about $6, and had a plan.
I worked at a Subway, and I knew on rare occasions, if I pick my wording carefully, I could prompt a cheeky customer to say a very specific line.
A few months later, the moment comes:
"What would you like today?"
"I'd like a million dollars."
I then pull the $100 trillion bill out of my pocket.
"Do you have change for $100 trillion?"
The high point of my food service career.
I'll take 'Things That Never Happened' for a trillion, Alex!
When I was a grade schooler, most candy bars cost a nickel and the 'premium' bars were a dime. In the mid-60's both went up at the same time and prices went up by the the same amount.
BFD
How much is a nickel and dime
Im not american and i dont feel like googling it
@@genehunsinger3981 $0.05 and $0.10 respectively.
Were you born in the 20’s? Sheesh
Yep, I got candy bars as a kid for about a nickel or a dime until around 63 if I remember correctly. I was born during Ike's second term
“What a wonderful time to be alive”
This is an average oversimplified viewer
Trying to comprehend this is going to inflate my mind
I see what you did there 😂😂
Zing!
That's unfortunate, for you.
Never say never. Historically there has never been a currency that hasn't failed.
Gold
Probably because those that haven't are still in use.
A basic lecture of economics on the infographics show!
This is a way to garner interest in it! 💵
This teaches me way more than school I sent some of the history ones to my social studies teacher and she actually let us watch them instead of class
@@youtubeuser9090 Haha 😅
You struck gold bud! 👍
Very nice of your teacher too!
In the mid 90s the prices actually did change every hour in my country due to the hyperinflation that was taking place at the time.
I fear this next hit will be very hard, especially since we have been living on super low interest rates for over a decade. Please prepare slowly and early to ease the foreseen supply constraints. Peace and love yall
Hopefully US inflation will reach 1,000,000% inflation and we have massive natural disasters happen such that the entire country becomes scortched earth . Billionaires no more for the top 500, they would be finally down with all of us.
$4 in 2050? How about 2021??
It was a what if question. It's not a real price. You know, it's 2022 that is why.
I am from Argentina and this is so fun to watch when they tried to explain other countries what it is like to live with 100% of inflation and we all have an MBA University degree on that matter LOL
it hurts a lot but eventually you managed to survive somehow
Nosotros ya tenemos internalizado el concepto de inflacion, creo que si algun dia no la tenemos, no vamos a saber que hacer jajajaja
@@NyckLP da vergüenza este país...
@@danielitoi442 biz ne yapalım aq?
@@anti-american1576 Öl
@@danielitoi442 Yo amo Argentina
Thanos after 100% inflation: "This day extracts a heavy toll."
It's sad that my own country🇳🇬 is heading to this level of inflation
Currently at 20.75%
💔💔💔
It is good because America will change President if inflation hit 100%. Trump will come back.
inmy own country it's 83.45%
@@yusufgazi6484 Which country are you in?
@@thinkcat01 Turkey (Turkiye)
In LA gas prices sometimes hits $10 a gallon. This is why preppers are right when they say stockpile what you use and to stop listening to the government when they tell you to not stockpile.
Gold is money. Everything else is credit.
In a real crisis gold is useless and assets are money. Paid off homes, food, toilet paper, guns, ammo, medical supplies
It already did. Between 2020 and 2021 and beyond.
Prices are more than double what they were in 2019
Nowadays times are tough it seems with the US inflation for law biding Americans.
Is there a time in history where wages actually rise the same amount of inflation? Like I could see a 2% inflation and 2% increase in wage, but that’s about it.
Reminder that the Trump administration gave out stimulus checks. This isn’t a partisan issue. And I’d say those checks are nothing compared to the effects of the supply chain disruptions in China cause by their zero COVID policy, the war in Ukraine, and most importantly the production caps set by OPEC for no reason other than profits.
Infographics: what if USA had an Inflation?
Gas prices: *Allow me to introduce myself*
Times are hard indeed. So thats why I don't drink in bars. I drink outside
This guy's has answers to the universe I swear🤣
I feel your comment hard bro
He has all the theories, not answers
Not quite an accurate assessment of inflation. Because, left alone, productivity goes up. People get more skilled, new infrastructure is built, new factories are erected, etc. Which reduces the cost of the goods/services offered (per unit).
There might be more demand for that good, and with it, there is a need to raise prices. But demand is a combination of two things: desire + capability.
If the mansion costs 40,000,000 dollars, it doesn't really matter if the plebs desired it, they have no capability of bidding on the house, and thus don't affect the demand for it. But if, say, everyone was sent a check for 40,000,0000 dollars, suddenly there's the capability there to attempt to bid on the house, and with everyone bidding, the price will rise, and rise until people are back to being outside of the capability zone of it, wherein the price will stabilize once again (assuming there's any faith left in said currency).
Same sort of thing with debt. Of people can borrow up to 10% of their yearly earnings, then nothing *really* changes. But if they can borrow 4 years worth of earnings, then, 9 times out of 10, they will spend 4 years worth of earnings. Even when that borrowing has costs (read: interest) and the earnings are not guaranteed.
Which has the same inflationary effect as printing money and handing it out...except worse, because then, once that not-guaranteed-income stops coming in, they still need to pay 4 years worth of debt. There is no wiggle room left for cutting back and living off savings when the income dries up, because you spent money that you don't have.
(Take notice of how closely housing markets follow mortgage rates, which are kept artificially low, which raises house prices. Also. More people coming into a country, getting massive loans for the same houses.... supply/demand. Obviously.)
The fact I currently have my debts locked in and have enough land to raise some animals and veggies. Have access to a gas well for free gas. Wouldn't be fun but would survive
A gas well? You extract and process your own gas?
@@wariyoshidirector Around here the are refered to as Clinton wells. They were drilled in the 80's and the lease agreement gives free gas to the owner. Usually 2-3 mcf a day, the average house uses 1 MFC a day. You could convert a vehicle, any ford after 2003, or run a generator. There would be some impact of course but if we really wanted to we could weather it well. You can also drill a well. With 20 acres a poor well would still supply a house as long as you don't have sulfur. The Clinton wells are sweet gas and don't need processed for home use, but water needs taken out for compression
It's always a bad time to become an adult, but to become an adult during the start of bad inflation and low wages.
My dad is elderly. He tells me how he used to be able to buy a Chico stick for a nickel and now it’s a 1.50
Edit: and apparently 2x the size
He also made less per hour to balance it out
It's about 4 bucks where I'm at. New Hampshire
@@sadetwizelve them making less per hour is no longer an argument. The gap between how much they made and how much things cost for them is much smaller than the gap between how much we're paid today and how much things we're forced to pay for costs. They weren't forced to pay for health insurance, car insurance, and 300K homes that they paid 50K for. Although we have better quality of living, we're actually poorer financially than they were.
Yoo, luv ur content bro, Been watching for like 2 years.
Thanks, I hate inflation now.
When my candy bar goes from $1.00 to $200, this is the end
A holographic first gen Charizard is worth $55,000.00 depending on the grade.
I'm in Missouri and the price for gas is the same
oh man, you dont even need to imagine, come to Argentina. We had like 90% inflation on the last year.
Hungary had something like 146% inflation in 1946.
@@bruh5530 yeah, and venezuela had like 5000% in 2019 i think.
@@Garcheezy Yeah, but it was from 1993-2019. Hungary had it from 1944 to 1946. Thats the highest hyperinflation ever recorded.
@@bruh5530 thats not true, in 2018 venezuela had 9000% yearly inflation and in 2019 get this: 18100% inflation. And i think that sierra leone had even higher inflation haha
@@GarcheezyI checked it. Hungary still holds the world record for highest hyperinflation. We had a bank note that was named 100 quintillion pengő. And then, when a new currency, the 'tax pengő' was announced, in July of 1946, one tax pengő was worth 2 sextillion pengős.
1:07 funny how the gasoline pump says $100 leading to that guy saying he‘s broke but in Europe these prices are normal for a full tank
Avarage day on Turkey
Your math is Incorrect. the exponential growth function doubles the unit price In a term divided into 70, not 100. like a bank account that gains interest, each time dividends are added to the principal, the principal increases. 100 dollars at 10 percent gain doubles in 7 years not ten.
7:50 glitch on the eye
Brandon: “Cool, I’m going to get the Treasury to print more money for my useless social programs and handouts to dead beats.”
Product prices go down? Since when? I'm 36 and I don't remember things ever going down. If anything, since the Bush era prices are higher and higher every year.
"Aren't we printing too much money?"
"...Nah!"
Sums up the current administration pretty well...lol
What’s an example of the current administration just printing money recently?
@@Eevcee ukraine
The U.S. government overspend during crises all the time, The Biden admin ain't special
@@alter112 spending. =\= printing money randomly.
Not gonna lie, paying 10$ for any coktail is already insane 😂
Broo gas prices are horrible in Los Angeles.
Argentina already has 100% inflation
BEST NARRATOR ON UA-cam!!!
In Zimbabwe, the inflation rate was almost 2.5 BILLION %.
Six months ago where I live, a 4lb. pack of butter was $9.
Today, that exact same pack is $14.50.
That is well over a 50% increase in less than SIX MONTHS.
Extrapolated over one year, this represents a ONE HUNDRED TWENTY-TWO POINT TWENTY-TWO PERCENT INCREASE.
Ladies and gentlemen, inflation in the United States is now at 122.223%.
I dunno, Inflation isn't as transparent as you may think
Regarding consumer goods : Companies want to make huge profits 💵 off goods they sell, so they jack up price$ every year and pass it off to the public as - Inflation 😑
Sounds about right
Money and ballot printers go BRRRRRRR
If inflation reached 100% I would call my friend Kevin.
Back in my day a candy bar was .60👴🏿
*laughs and suffers in argentina*
OPEC is already trying to plan another petrol price hike. They noticed the public blamed every one else except them for the oil/gas prices.🤣
Just like Biden blamed Putin for the price hike when we were energy independent we had gas under $2 a gallon in the last few years. But once a couple of pen strakes occurred gas went up we started getting Energy from overseas again boom the price went up
If only we could drill for oil domestically...
They blame everything, Putin, COVID, republicans etc. But democrats have yet to put blame on the real culprit (Joe Biden)
@@fedupamerican6534 define energy independent
@@shifty1927 seriously?
As a truck driver I’d keep up with inflation thankfully 🤷♂️ you won’t get your oil, gas, food unless I get compensated correctly to deliver it
Must be nice
I’d move to another country. Though Rent’s have gone up 50-60%. My rent went up 50%. My coworker’s rent actually doubled so 100%! So this isn’t just a theory
California: are my gas prices a joke to you
Argentina: hold my beer
The Prius would have to be the move or say whatever and go madmax on gas prices but eh.
The us doesn't have 100% inflation, however they are on that way to reach it, Thanks Joe
Yes
Literally isn’t a single persons fault our economy has no trickle down therefore positioning most people to have far less wealth than others .
More like thanks Vladimir.
Destroying America
Wow, how original.
*TEN DOLLAR MIXED DRINKS?!?*
That's not expensive at all!
Where IS this place, 1998?
Fun fact: on many items inflation has already far surpassed 100%. The way inflation is measured is infamously bad.
Hungary is a goof example of hyperinflation durring WWII, Hungary makes Zimbabwe look like nothing.
I’m highly unimpressed with the absence of corporate greed in these inflation conversations. We call it inflation when companies raise prices to meet the goal of continuous profit increases.
Oh no Betsy is highly unimpressed
I’m in Cali and our gas is almost at $7 a gallon. I happily ride a bike 🚲 now
Remember to vote anything but blue
Vote Blue. That's the Pro-Freedom side.
@@ethandollarhide7943 that's a blatant lie. How can you say something so easily debunked?
@@Bicbawsaq Blue is for a Free Nation. Red is for a Christian Theocracy.
@@ethandollarhide7943 blue is a communist anti constitutional cult. You can't be anti constitutional and pro freedom, that doesn't exist
@@ethandollarhide7943 i like red then
Yall called me an idiot when I cashed in all my cash for chucky cheese tokens. But who is laughing now
*I'm done sitting tight for the award advance since i acquire$23,000 every 12 days of my investment*
Same here, I earn $13,000 a week. GOD bless Samuel, he has been a blessing to my family.
It's €10 for a gallon of petrol or diesel here in Ireland, its dirt cheap in the US
We're well on the way Let's Go Brandon!!!
Biden 2024
@@ethandollarhide7943 you can be certain that isn't going to happen. Midterms are going to be a a good indication of this when Dems lose horribly and rightfully so.
People are still saying "Let's Go Brandon"? I thought that died with the MASSIVE FAILURE of the freedom convoy.
@@aawells07 😂😂😂😂😂😂
@@thefox47545 Lol let's all laugh cause you'll see sweetie. Just remember this cause I will.
7:23 Probably the flag is wrong for 1917... there should be just 48 stars in a 6x8 pattern
Yo, Maybe talk about how corporate greed that CEO's have even admitted to has resulted in higher prices instead of blaming the few pennies the government gave ppl.
1 bad decision? Dude this has been a circus for the last 2 years
Thanks Brandon
I understand supply & demand, and inflation. But who is making all the money? The oil companies, retail, billionaires? Serious question, anybody know?
That pokemon card was worth 600 in 1999 in good shape... pokemon cards didn't drop in value until the mid 2000s
The day January 20th, 2021 hit, everything went up. America's economy will never be the same.
This is pain I mess the old money
Inflation is a UBI’s kryptonite.
SOYLENT GREEN! (Are people)
Enough said.
So basically we're paying back the "loan" that they "gave" us. Bruh! Most of us are paying a loan to go to school.... that's why they are fighting student loan forgiveness.
I got you Infographics. I got you! (;
"I Survived 100 Days After Asteroid Impact" series when??
YO! We need the nuclear war stories bro!!!! Days 401-500!!!
7:48 the price is over his face
Lol. Not hitting $10gal, the price at the pump doesn't reflect the cost of a barrel of oil these days though. Even when oil went negative, was still paying over $2 gal at least here in Maine. Taxes, refinery and the stores selling gas keep it higher and it's a complete rip off.
Not gonna lie. Videos like this showing just how fragile things really are can be upsetting. Coming out of Covid era highlighted that this is only barely a thought experiment. Almost makes you want to go buy land in middle of nowhere and be as self sufficient as possible.
The thumbnail looks more like SPR going dry :D
two years ago in my country a book was about 20000. I looked for that same book last week and its more than 200000 now!
more than 10 times in 2~3 years! Welcome to Iran
But big industries are getting more profits than ever. They should be taxed more. They need to be investigated. They have insurance and workers to care for and other taxes but they’re still more than fine. They can pay more in taxes.
I have a crazy idea on how to solve this hyperinflation. How about the U.S. federal government stops taxing and regulating every inch of its citizens' lives, spending money it doesn't have, and abolishes the centralized banking system? I know, radical idea right?
me: *laughs in argentinian*
I can’t imagine paying 6$ for a soda
So I make $24k/year, and I bought an electric cars a few yeara ago and charge for free. This is the best investment I purchased in my life. I used to spend $400/mo on gas, and with these prices nowadays it would be $800/mo. I am saving nearly $10k every year!
All good until the outdated power grid gets overloaded and suddenly charging your car gets much harder like we see in a few places with large ev numbers. Then you’ll be losing that $24k a year cause you can’t get to work💀
Stimulus checks juz feed inflation 🎉