<< <i>Stated this before but "hyperinflation" already happened here, on a slow frog boil basis.. What's next?... 2 possible scenarios, one just straight Mexico/Argentina devalue, knock a zero off the amount... Or revalue $48 gold... >>
I don't think it's "hyper" when it takes so long. That's just inflation. --------------- Frankly, I don't know why any country would want to host the Olympics other than for the prestige or ego. It does not seem to be a big money loser for all involved. I'm expecting we'll see a time where either no one wants to host or only previous hosts that already have facilities will compete for it. Can you imagine if Chicago had won? They can barely afford to keep their city running.
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<< <i>Stated this before but "hyperinflation" already happened here, on a slow frog boil basis.. What's next?...
2 possible scenarios, one just straight Mexico/Argentina devalue, knock a zero off the amount... Or revalue $48 gold... >>
I don't think it's "hyper" when it takes so long. That's just inflation.
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Frankly, I don't know why any country would want to host the Olympics other than for the prestige or ego. It does not seem to be a big money loser for all involved. I'm expecting we'll see a time where either no one wants to host or only previous hosts that already have facilities will compete for it. Can you imagine if Chicago had won? They can barely afford to keep their city running.
It will be a one off event... No 3rd world mad max 100% a day, a minute rise in prices, that's fear mongering...
And that only happens in the paper market, and has for a long time, lol...
<< <i>Semantics...
It will be a one off event... No 3rd world mad max 100% a day, a minute rise in prices, that's fear mongering...
And that only happens in the paper market, and has for a long time, lol... >>
And grocery shelves can't empty in a day.
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