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Ask HN: How are you hedging against inflation?

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Re: Ask HN: How are you hedging against inflation?

#5
Honestly, don't get your economic advice from youtube. Almost any introductory econ textbook will be more educative. Almost zero actual economists think inflation is coming to the US. It's only the (conservative) pundits that produce these unfounded fears. Expanding the money in circulation alone is not enough to trigger inflation (see 2008+).

Re: Ask HN: How are you hedging against inflation?

#6
post #5

Honestly, don't get your economic advice from youtube. Almost any introductory econ textbook will be more educative. Almost zero actual economists think inflation is coming to the US. It's only the (conservative) pundits that produce these unfounded fears. Expanding the money in circulation alone is not enough to trigger inflation (see 2008+).

What about Michael Burry ?

Re: Ask HN: How are you hedging against inflation?

#7
post #5

Honestly, don't get your economic advice from youtube. Almost any introductory econ textbook will be more educative. Almost zero actual economists think inflation is coming to the US. It's only the (conservative) pundits that produce these unfounded fears. Expanding the money in circulation alone is not enough to trigger inflation (see 2008+).

In just 16 years at 2.6% CPI, money will lose 50% of its purchasing power. Everyone should protect their savings against inflation.

Re: Ask HN: How are you hedging against inflation?

#8
post #5

Honestly, don't get your economic advice from youtube. Almost any introductory econ textbook will be more educative. Almost zero actual economists think inflation is coming to the US. It's only the (conservative) pundits that produce these unfounded fears. Expanding the money in circulation alone is not enough to trigger inflation (see 2008+).

Expanding the money in circulation may not increase the inflation rate, but I would believe that it does trigger inflation in other asset classes such as stocks and real estate.

I'd be happy to be disproven with data, but my anecdotal experience since 2008 is that while my purchasing power hasn't budged much (for things like electronics, travel, food...), my ability to purchase a house from my wages has decreased and will only continue to do so (despite my wage nominally increasing during that time period).

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