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Venezuela HYPERINFLATION a Lesson We Should Learn From? U.S. Inflation Cause For Panic?

VENEZUELA 1,000,000% HYPERINFLATION

source / The Money GPS

It could never happen here, they said. Our currency could never fail. Soon things will turn around and return to normal. This is what every government deals with at some point. Every fiat currency in the history of the world has failed. Not gently, but in a spectacular and painful fall. The causes could be different but the general effects are essentially the same. Depreciating currency puts people into a state of panic. Can’t plan for tomorrow. Businesses in fear. Debt rises. Deficits worsen. Panic sets in. And a very small group of people gain tremendously. Think it can’t happen where you live? Think again.

$GPS

 

Bloomberg Venezuela Café Con Leche Inflation Index

https://www.bloomberg.com/features/2016-venezuela-cafe-con-leche-index/

archive

 

Hyperinflation Pushes Venezuela to Print 1,000,000-Bolivar Bills

Hyperinflation Pushes Venezuela to Print 1,000,000-Bolivar Bills

Bloomberg 3 days ago Patricia Laya and Nicolle Yapur (Bloomberg) — Venezuela said it will introduce new large-denomination bolivar notes as hyperinflation renders most bills worthless, forcing citizens to turn to the U.S. dollar for everyday transactions.

Venezuela knocks 5 zeros off its currency. Will anything change? | PBS NewsHour

Venezuela knocks 5 zeros off its currency. Will anything change?

In an effort to curb soaring inflation in Venezuela, President Nicolas Maduro shaved five zeros off the value of the bolivar and raised the minimum wage by 3,500 percent. But analysts are saying the measures won’t do much until Venezuela makes some deep, institutional reforms. The International Monetary Fund has warned that Venezuela’s inflation could top 1 million percent this year.

BCV expands the current Monetary Cone with the incorporation of three new banknotes | Central bank of Venezuela

BCV amplía Cono Monetario vigente con incorporación de tres nuevos billetes

Las tres nuevas especies monetarias, tienen en su anverso la imagen del Libertador Simón Bolívar. Asimismo, los billetes de Bs. 200 mil y de Bs. 500 mil cuentan con la imagen del Mausoleo del Libertador Simón Bolívar; entretanto, el de Bs. 1 millón muestra en su reverso la imagen conmemorativa del Bicentenario de la Batalla de Carabobo.

Bond Traders Go All-In on U.S. Treasury Market’s Big Short Bet – Bloomberg

https://www.bloomberg.com/news/articles/2021-03-06/bond-traders-go-all-in-on-u-s-treasury-market-s-big-short-bet

archive

 

Big Short

Wagers for higher yields persist as financial conditions hold stable

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Nothing the Stock Market Does Ever Scares Its Retail Daredevils – Bloomberg

https://www.bloomberg.com/news/articles/2021-03-06/nothing-the-stock-market-does-ever-scares-its-retail-daredevils

archive

 

When Tesla Tumbles, It Drags Down Many Stock-Market Dreams

When Tesla Tumbles, It Drags Down Many Stock-Market Dreams

(Bloomberg) — Tesla Inc.’s plunge has cost its shareholders about $300 billion in 2021 but the toll it is taking on speculative sentiment throughout the market has been much greater.Elon Musk’s electric carmaker is down more than 30% since its January high, brutalizing anything associated with it — most notably Cathie Wood’s flagship exchange-traded fund, the Ark Innovation ETF (ticker ARKK).

Speculators Distorting Canada Housing Boom, Economists Warn – Bloomberg

https://www.bloomberg.com/news/articles/2021-03-05/speculators-distorting-canadian-housing-market-economists-warn

archive

 

People are starting to get nervous about Canada’s housing market again | Financial Post

People are starting to get nervous about Canada’s housing market again

Economists are warning that speculation in increasingly hot market could trigger new regulations Shelly Hagan and Erik Hertzberg Canada’s housing market risks entering a speculative phase that could trigger new measures from regulators, economists at the nation’s largest banks are warning.

Mortgage rates are starting to edge higher in Canada | Financial Post

Mortgage rates are starting to edge higher in Canada

TD Bank and National Bank of Canada say they have raised rates on at least some mortgage products Fergal Smith and Noor Zainab Hussain Canadian mortgage rates are beginning to inch higher for the first time since before the COVID-19 crisis, reflecting the spike in long-term bond yields, but with home loans still languishing around historically low levels the modest hike is unlikely to slow the red-hot housing market.

Chinese battery grade lithium carbonate prices surge 68% in first 2 months of 2021 | Benchmark Mineral Intelligence

Chinese battery grade lithium carbonate prices surge 68% in first 2 months of 2021 | Benchmark Mineral Intelligence

Battery grade lithium carbonate prices ( Benchmark Lithium Carbonate, Battery Grade, EXW China, ≥99.5% Li2CO3) increased by 68% in the first 2 months of 2021 in China on the back of high battery demand, particularly for lithium iron phosphate (LFP) cathode, and a slower-than-anticipated transition to high nickel chemistries.

Hot Sea Cargo Market Quadruples Prices for Used Container Ships – Bloomberg

https://www.bloomberg.com/news/articles/2021-03-03/frothy-ocean-cargo-market-spurs-vessels-owners-to-flip-this-ship

archive

 

Kroger opens first $55 million automated warehouse in Butler County

Kroger opens first $55 million automated warehouse in Butler County

“This marks the soft opening of the facility, and we look forward to our grand opening in early April,” Rodney McMullen, Kroger’s chairman and CEO, said during Thursday’s call. “We continue to be excited about the elevated experience that this will bring to our customers in the tri-state area and across the country as we continue to open additional facilities.”


Inflation is coming has been the signal sent from bond markets. More money moving into the stock market. Value stocks have seen more inflows and tech stocks and other growth stocks are also performing well. More money is being pumped in from all sides, creating a massive bull market that apparently will never end as we are on a permanently high plateau. Stimulus driving markets higher.


— APPENDICES —

— The Money GPS: Swaggystocks.com is an interesting look at retail trading. Cut through all the nonsense and simply look at the data (Instagram Feb 21, 2021)
— The Money GPS: Swaggystocks.com shows you exactly what’s going on with the retail traders. Ignore the garbage on the actual boards and just get the data (Instagram Feb 21, 2021)
— The Money GPS: Bitcoin $240,000? (Instagram Feb 17, 2021)
— The Money GPS: TOP 2 TRADES FOR 2021 (Instagram Feb 15, 2021)
— The Money GPS: Commodities for 2021 — Boom or bust? (Instagram Feb 14, 2021)
— The Money GPS: Leave your emotions at the door investing is strictly business (Instagram Feb 13, 2021)
— The Money GPS: Clubhouse. Get in the app because I’m planning on going live daily. (Instagram Feb 13, 2021)
— The Money GPS: Brandon Dawson. One guy to watch out for as an investor to see what he’s doing and compare. (Instagram Feb 12, 2021)
— The Money GPS: REAL Unemployment Rate 10% (Instagram Feb 11, 2021)
— The Money GPS: Zoom out and see what you’re doing objectively (Instagram Feb 7, 2021)
— The Money GPS: SPAC IPO trend getting out of hand (Instagram Feb 6, 2021)
— The Money GPS: Citadel made lots of money from the retail traders (Instagram Feb 5, 2021)
— The Money GPS: Oil, commodities rising. Price will impact consumers. (Instagram Feb 5, 2021)
— The Money GPS: GME and AMC attracted many buyers. Illiquid stocks/micro cap stocks are now trendy. Be careful. (Instagram Feb 4, 2021)
— The Money GPS: Silver rockets higher (Instagram Feb 2, 2021)
— The Money GPS: Silver squeeze next? (Instagram Jan 31, 2021)
— The Money GPS: ETF loses 80% of assets! (Instagram Jan 31, 2021)
— The Money GPS: The Fed will not pop the bubble (Instagram Jan 30, 2021)
— The Money GPS: Wall Street Bets on Reddit is adding millions of people. Retail traders needed to keep the prices going higher. (Instagram Jan 30, 2021)
— The Money GPS: Jim Cramer says don’t go for grand slam. What do you think? (Instagram Jan 29, 2021)
— The Money GPS: Robinhood caps hot stocks like #gme to 1 share! (Instagram Jan 29, 2021)archive
— The Money GPS: STOCK MARKET TUMBLES as GME soars (Instagram Jan 29, 2021)
— The Money GPS: Find a company you thought was no longer in business, buy some shares, get rich quick. Is that what’s seriously happening right now?! (Instagram Jan 29, 2021)
— The Money GPS: Hedge your bets like @mcuban ? (Instagram Jan 28, 2021)
— The Money GPS: Fed won’t pull the plug right? (Instagram Jan 25, 2021)
— The Money GPS: Delaying the inevitable pain. (Instagram Jan 25, 2021)
— The Money GPS: Money flooding into stocks (Instagram Jan 24, 2021)
— The Money GPS: 2 ears, 1 mouth — use in that ratio. (Instagram Jan 23, 2021)
— The Money GPS: Buy the biggest shorts? (Instagram Jan 23, 2021)
— The Money GPS: Investing legend says bad things are coming because paper printing does not create an economy. (Instagram Jan 22, 2021)
— The Money GPS: The purpose of big tech is to absorb your data. Not to provide a service and later take advantage of you. Look up In Q Tel. (Instagram Jan 21, 2021)
— The Money GPS: Moving south? (Instagram Jan 21, 2021)
— The Money GPS: Bitcoin going higher? (Instagram Jan 20, 2021)
— The Money GPS: Janet Yellen will you go “big”? (Instagram Jan 19, 2021)
— The Money GPS: Time to move? (Instagram Jan 19, 2021)
— The Money GPS: Never stop (Instagram Jan 18, 2021)
— The Money GPS: Invest in yourself first (Instagram Jan 18, 2021)
— The Money GPS: BITCOIN HITS $40,000 (Instagram Jan 7, 2021)
— The Money GPS: To get where you want to be, you have to know where you are now. (Instagram Jan 4, 2021)
— The Money GPS: Aim Higher (Instagram Dec 17, 2020)
— The Money GPS: Never lose money (Instagram Dec 16, 2020)
— The Money GPS: Master one thing before moving on. Know where you are in the cycle. (Instagram Dec 15, 2020)
— The Money GPS: Be a better investor | How to be a better investor. Window shop! (Instagram Dec 12, 2020)

— FOOTNOTES —

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Wake up to the suits and ties. They’re all lying to you. None are your friends. None wish to help you. Wolves in sheep clothing. More distractions than ever before. The magician always makes a spectacle to hide the trick.

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1 MILLION VENEZUELAN BOLIVAR NOTE. I’ve covered this issue for years quite closely and it didn’t take a fortune teller to realize what would happen. Once inflation gets out of control, it’s extremely difficult or impossible to stop. Good luck, Fed #venezuela #inflation pic.twitter.com/gmKqGiLLXg

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BillAckman joins the group believing that inflation will pick up and its impact will be felt in markets. As far as I’m concerned, people are going to hate me more than ever. That’s ok. Be prepared for the worst. Hope for the best. Diversify. Hedge your bets.

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“Fed Sounds Alarm on Commercial Real Estate, Business Bankruptcy” Nothing to see here folks. Market is doing well. Stimulus is all that matters. The Fed loves us all. Ignore all negative news and hate anyone who highlights that which is clearly a major issue #realestate #bubble pic.twitter.com/IRDsy53G5A

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IF THEY WILL FIGHT OVER PLAYSTATION…What would they do for food? #ps5 #PlayStation5 #playstation #ps5fight #walmart pic.twitter.com/hbimVKzeta


PLAYLISTS

The Amazon GPS – Mini YouTube eCourse

The Money GPS – How To and Solutions

The Money GPS Easy eCourse

How To Fix the Economy

How To Fix the Economy – Introduction
How To Fix the Economy – Bailouts
How To Fix the Economy – Food
How To Fix the Economy – Central Bank
How To Fix the Economy – Manufacturing
How To Fix the Economy – Financial Markets
How To Fix the Economy – Media
How To Fix the Economy – Overseas Investment


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CLUBHOUSE. I’m thinking about doing a daily Clubhouse chat. Anyone would be able to come on and ask me questions directly. I want to do something that other creators are not doing.

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I know not many people are on this app yet since in invite only but basically just download the app, choose a username, and wait to get in. I’ll let you know before I proceed on my end so nobody misses it. 2/2 #clubhouse #clubhouseapp

— The Money GPS: Clubhouse. Get in the app because I’m planning on going live daily. (Instagram Feb 13, 2021)

 


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The Money GPS Financial Education 101 coming soon.100% free eCourse for you to learn from but for those who already know the content, this is perfect to share with others. I’m creating this course for people specifically to get the foundation #money #moneyGPS #financialeducation pic.twitter.com/nzqVVSSorT


HOW TO MAKE MONEY ON AMAZON – FREE eCOURSE:  http://TheAmazonGPS.com


LOOK THROUGH MY BOOKS! http://books.themoneygps.com

SUPPORT MY WORK: https://www.patreon.com/themoneygps

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Sources Used in This Video: http://bit.ly/TheMoneyGPSSources2021


The Money GPS is the most active, most informative channel in the financial world. Day after day, breaking down the data and making it easy to understand. This channel is not here to help build a portfolio, give stock picks, or financial advice. It’s simply data that is generally not found through conventional means.

#money #finance #invest

 

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Millions of dollars flying over the Baltic States to threaten Russia

The Pope in Iraq between the minaret and the bells