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The show goes on... by atobitt in Superstonk

[–]Region-Formal -1 points0 points  (0 children)

Thank you for your service. This is not the end. This is not even the beginning. This is the beginning of the end. (For the Hedgies!)

Only 3.7M volume today. As per u/gherkinit’s post, if Futures Theory is correct, still another ~186M needed by Friday. That’s January Sneeze levels of volume. And every day the cretins delay, the more violent this could become… ⏱💣🔔🔥🚀🌙 by Region-Formal in Superstonk

[–]Region-Formal[S] 0 points1 point  (0 children)

  1. Futures Theory is not "my" theory. It is "a" theory, and the best fitting one we have had to explain the regular price movements we have seemingly this year. As I have very clearly stated in the title of this post, it is uncertain "if" it is correct or not.

  2. My accompanying comment on this post also very clearly said these Futures rollovers may NOT be covered. And it stated what woild potentially happen next week, in that scenario. (Hence even if they do not cover, the prediction of the theory does not end tomorrow.)

3..If the theory in full turns out to be incorrect, that is fine. The word "theory" means it is not 100% fact. In that case, it becomes a data point in the search for truth, and helps formulate the next best fitting theory. This is referred to as the scientific method.

4..You shpuld try to apply similar approaches for convincing others, instead of personal attacks. Present a theory with supporting evidence and put it to the test for peer scrutiny. This helps the community to progress itselt, and is of greater value to it than being a keyboard warrior.

5..So you see, I have no prob'em accepting if a theory I have conjectured is incorrect. In fact, it is something I see as a positive development, because it helps focus us further towards the truth. I therefore give you by blessing to come back here and post another adolescent, even infantile, comment - it is no skin off my nose at all! :)

GME isn't the first idiosyncratic threat to the system, but it will be the last. Know your history: BCH by CannaNthusiast in DDintoGME

[–]Region-Formal 0 points1 point  (0 children)

Thank you for the very insightful read. I am wondering what your thoughts are about the likes of Tether and other cryptocurrencies that are pegged to fiat currencies? I see there are several crypto “banks” out there that pay out very high rates of interest for keeping these coins in accounts. Have been wondering what the deal is with that i.e. how they can pay out so much.

The TRUE inflation rate is ~13%, if using the Bureau for Labor Statistics’ original calculation method. They changed this method in 1980, to deliberately downplay inflation risks and manipulate public opinion. The last time it was at current levels was in 2008, just before the crash… by Region-Formal in Superstonk

[–]Region-Formal[S] 0 points1 point  (0 children)

Shadowstats is applying the original calculation method that the BLS was using i.e. not their own method for calculating this. As for how to read it, remember that it is the CPI, and therefore a proxy for inflation. If prices rise at a rate well above wage increases, purchasing power could indeed be much, much less.

The TRUE inflation rate is ~13%, if using the Bureau for Labor Statistics’ original calculation method. They changed this method in 1980, to deliberately downplay inflation risks and manipulate public opinion. The last time it was at current levels was in 2008, just before the crash… by Region-Formal in amcstock

[–]Region-Formal[S] 10 points11 points  (0 children)

Source: http://www.shadowstats.com/alternate_data/inflation-charts

ShadowStat’s chart is derived by applying the original calculation methodology the BLS was using, before they modified it to dampen inflation figures. It is in the Government’s best interests to hoodwink the public on this, as high inflation means high costs for Social Security benefits, food stamps, military and federal Civil Service retirees and survivors,children on school lunch programs etc.

The other major incentive is that markedly higher inflation has often precipitated recessions and stock market crashes. If you look at the chart above, you will see that the three major crashes of the last 40 years (Black Monday in 1987, Dot Com Bubble Bursting in 2000, and the Lehman Shock in 2008) all had periods of sharply rising inflation just prior to them. The fourth one appears to be happening right now…

The TRUE inflation rate is ~13%, if using the Bureau for Labor Statistics’ original calculation method. They changed this method in 1980, to deliberately downplay inflation risks and manipulate public opinion. The last time it was at current levels was in 2008, just before the crash… by [deleted] in DDintoGME

[–]Region-Formal 0 points1 point  (0 children)

Source: http://www.shadowstats.com/alternate_data/inflation-charts

ShadowStat’s chart is derived by applying the original calculation methodology the BLS was using, before they modified it to dampen inflation figures. It is in the Government’s best interests to hoodwink the public on this, as high inflation means high costs for Social Security benefits, food stamps, military and federal Civil Service retirees and survivors,children on school lunch programs etc.

The other major incentive is that markedly higher inflation has often precipitated recessions and stock market crashes. If you look at the chart above, you will see that the three major crashes of the last 40 years (Black Monday in 1987, Dot Com Bubble Bursting in 2000, and the Lehman Shock in 2008) all had periods of sharply rising inflation just prior to them. The fourth one appears to be happening right now…

The TRUE inflation rate is ~13%, if using the Bureau for Labor Statistics’ original calculation method. They changed this method in 1980, to deliberately downplay inflation risks and manipulate public opinion. The last time it was at current levels was in 2008, just before the crash… by Region-Formal in Superstonk

[–]Region-Formal[S] 1142 points1143 points 2 (0 children)

Source: http://www.shadowstats.com/alternate_data/inflation-charts

ShadowStat’s chart is derived by applying the original calculation methodology the BLS was using, before they modified it to dampen inflation figures. It is in the Government’s best interests to hoodwink the public on this, as high inflation means high costs for Social Security benefits, food stamps, military and federal Civil Service retirees and survivors,children on school lunch programs etc.

The other major incentive is that markedly higher inflation has often precipitated recessions and stock market crashes. If you look at the chart above, you will see that the three major crashes of the last 40 years (Black Monday in 1987, Dot Com Bubble Bursting in 2000, and the Lehman Shock in 2008) all had periods of sharply rising inflation just prior to them. The fourth one appears to be happening right now…