Bank of England has gone into hyperinflationary mode

This is the beginning of the end
youtube.com/watch?v=aGeu_e3Y_YE

ft.com/content/664c575b-0f54-44e5-ab78-2fd30ef213cb

Attached: boe.png (752x867, 379.38K)

Other urls found in this thread:

unexpected-values.com/crypto-dollars/amp/?__twitter_impression=true
alhambrapartners.com/2020/04/03/nearly-a-trillion-in-bank-reserves-wheres-the-money-printing/
youtube.com/watch?v=2qTOWuL7Zco
m.youtube.com/watch?v=jfx7PnMtCeY
youtu.be/whETlO-DaDk
twitter.com/SFWRedditVideos

you had over 10 years to prepare by buying bitcoin. the writing has been on the wall for a long, long time now.

we'll see how that will work out in the end

based BoE
they are gonna be out of recession faster than anybody else
meanwhile eurozone is literally rotting with retarded fiscal discipline and imaginary monetary limits

Trump already did this.

Stop thinking and just trust the plan

If everyone prints does it even matter?

youre a fucking idiot for thinking this wont affect bitcoin

lol, retards, go buy fucking link because hyperinflation is coming (actually not)

as long as consumer prices does not go up there is no inflation.

but rush and buy your fucking shitcoin from russki scammers lamo

Hyperinflation is never the cause of the end you tardo. Governments don't randomly decide to devlaue their currency.

It basically cushions the crash. Its like saying chemotherapy is deadly because it always precedes death in cancer patients.

So how is this different from the fed printing money? Is it that the boe gives money to the government to decide what to do with instead of injecting liquidity in to markets they deem need it / increasing balance sheet by buying back bonds etc??

no, it's a symmetric shock and everybody is gonna print, but biz brainlets still believe hyperinflation can occur in a post-war-like scenario, which is obviously not the case

have u went out lately at all?

Bank of England go Brrrrrrrr?

it's probably a better way to save companies
cause liquidity injection is more direct this time

you literallly just admitted its a superficial bandaid you spacker

You had over 10 years to prepare by buying precious metals. Central banks and JP Morgan did exactly that.

Based

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Not remotely. The difference between a hard and immediate crash or a slowed, manageable one is enormous. Even if both wreck the car one leaves salveagble parts and living occupants.

keep coping spacker

unexpected-values.com/crypto-dollars/amp/?__twitter_impression=true

for those who are interested in understanding why deflation will occur before inflation

and why marketcap of tether and other usd stablecoin alternatives have been going up

tldr: contrary to popular opinion USD is actually a valuable asset for global trade due to its stability. Currently dollars are scarce and govs/ companies worldwide are facing issues with not having enough cash to function - most wealth tied up in assets

repo operations are not the same as creating actual cash

we will see deflation before inflation

>t. retard
what happens if you let all companies to go bankrupt?
you will crash the gdp and you ensure economy will struggle for years to come
if you inject directly liquidity into companies, you are keeping them afloat in a war-like scenario, since they have zero income and they are basically forced by government to stay closed, and once emergency is over, they can just slowly restart without major issues

>spend more in the short term
>without tapping the gilts
>spend more
>without...gilt

one more article:

alhambrapartners.com/2020/04/03/nearly-a-trillion-in-bank-reserves-wheres-the-money-printing/

youtube.com/watch?v=2qTOWuL7Zco

wtf, I was not aware of this
explain these numbers please

OK, I am not easily scared and didn't find QE overly concerning as it is not just BRRRRRRR and directly into governments' coffers, but central banks are buying bonds for the money they print.

But this one is a new quality. This has the potential to go majorly bad, as it might destroy any trust in GBP.

Not telling you to buy crypto or shiny rocks, but if I were a Britbong, I'd watch this very carefully.

>it might destroy any trust in GBP
it makes no sense what you are saying
the only purpose on a currency is to keep the economy running, not to build trust for foreign speculators

for fiat no, but means btc and gold could go up 5-10x

>Not telling you to buy crypto or shiny rocks
if you havent been stacking gold for years youre unironically a retard. good luck finding any PMs just about anywhere right now without paying through the nose

>brrrrr goes on forever
samefag spacker kys

>but central banks are buying bonds for the money they print
yeah, infact nobody trust bank of japan with the multiple 1 trillion usd stimulus and debt monetization (permanent gov bond buyback)...
...OH WAIT

ricardian economics doesn't work
face it
reality is really different than what you think
go study kid

I'd rather a recession than hyperinflation.

very nice, cheers

>what better having a GDP of 3 trillions USD with hyperinflated GBP
>or having a GDP of 1 trillions USD with strong GBP
you picked the second one, and yes, you are a complete retarded yurofag
but don't worry just wait and see what happens...

Why would I give a shit about GDP when my money is worthless?

cause you will have 3 times the amount of GBP and a better economy

But we won't have a better economy. Unemployment is up because of the lockdown and supply shock. If we get hyperinflation, we'll still have high unemployment. It's the difference between no job and no savings, or no job and savings.

...

Explain what war has to do with it?

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>investing in fiat
Just don't

>permanent gov bond buyback)
See that's what I was saying, brainlet.

war-"like"
for companies which are forced to stay closed, it's the same thing
i mean, "extraordinary circumstances", but call it as you want...

>This has the potential to go majorly bad, as it might destroy any trust in YEN.
NO, brainlet

I mean call it “extraordinary circumstances” then, so we can understand what you’re talking about, lol

China needs to pay for this desu. I say we just wipe away the debt we owe them, and call it even.

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Are you a retard?

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>it's better to kill the entire national economy and smash GDP to zero than printing a bit more of thin air FIATs
you must be a german yurofag...

m.youtube.com/watch?v=jfx7PnMtCeY

Paper to PM is held artificially (bottom figures in chart). In reality the other figures show how brrr is doing damage and will make PM bugs rich when it all goes pop.

No. Stay home. Save lives.

Explain this to me. I'm a noob. Isn't hyperinflation related to:
>government financing itself monetarily
and,
>destruction of the production hubs
together?
If the government does the former to prevent the latter, you shouldn't go to hyperinflation, but I think this is an unprecedented experiment

>If you have enough money to buy something, and I don't, you buy it.
>if we both have money to buy it, and there's 2, we both buy it
>if we both have money to buy it, and there's 1 (war destroyed or converted the industry that produced it), prices go up

>sill shortages of random shit at the grocery store like we're in a third world country
>there will be deflation
You have no idea what you're talking about, lol.

youtu.be/whETlO-DaDk

Bond buying has the potential to cause a crisis as well though. Not sure how many people actually work in finance, but a less reported ripple of this crash was that the week after the Fed took it's most decisive action, we had a wave of margin calls on mortgage lenders and MBS. Spreads swing around wildly when you're buying that much debt.

Now remember how the overnight markets went crazy last fall. That happened because Don's trillion + deficits were making the Feds issue massive levels of debt. People wanted security due to serious recession signs (e.g. slowing housing, oil dropping, inverted yield on t notes), so cash in the system was getting sucked up.

That could happen here. You have two problems, too much bond buying leading to other asset classes that the Fed won't buy or won't buy as much of getting fucked with, and then too much government borrowing sucking cash away from the market. Corporates badly need access, $4.1 trillion comes due this year and half of the investment grade debt is already BBB.

At a certain point, just printing for some of your spending actually works better. We're going to hit deflation, and that will help it.

You just can't do too much or inflation will destroy credit spreads. If we hit just 4% and change inflation a ton of mortgages and corporates will have negative real yields and there is $20 trillion that could turn toxic.

Think that thanks to Fed games to keep the pump going, BBB corporates were at 4.3% in some cases. You had Munis breaking 2%.

listen nigger lickers. This is the beginning of the End. All other messages are paid in part by the Internet task force to dis enable vile messages against the state. keep it brrrrring

Like a dog have nothing to say about his leash.
You have nothing to say about slavery chain with one end in your pocket and another in the Bank. Only God can create something out of nothing , so obviously God lives in the Bank where Gods chosen people work. So do not ask questions just go work make some money it is like honey for the bees and every ones in a while government take a harvest by solving some suggested to imagine crisis, desperate people work harder and cheep for money that lose value.

inshallah brother. Even though the pop could well take a couple of months to happen, I'd still blow a couple more salaries into PMs before it does

I don't quite get it, does it mean BRRRRR?
Am I going to get million dollar salary for my mcDonalds job?

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you probably wont have a mcdonalds job again

BTW, the top 1.5% in wealth hold something like 90% of securities so moderate inflation isn't a worst case scenerio. It'll be a massive tax on the super wealthy.

I do worry about counterparty risk on the 200+ trillion in interest rate swaps done per year if real yields in a substantial proportion of the fixed income becomes toxic.

The problem is that the Fed kept inflation at bay for decades and they began to believe it could never come back. But the problem is that, when you keep interest rates low for decades on end, it then only takes a slight pop in inflation to turn real yields on a gaint section of the market negative.