Are we nearing hyper inflation yet?

Are we nearing hyper inflation yet?

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Deflation first, then hyperinflation

meanwhile gravio just released euro, usd and rouble trading pais and is going to be the first realtime system offering crypto/oil/gas trading pairs based on realtime production statistics

And all of this is there, now actually happening

Same in Europe, in Big cities 2500 euros per month is a "low" salary, it was a big one 8 years ago

A six figure salary is not low even in sf. A couple with a household income of 300k+ is surviving. Now if we're talking a household income of low six figures then I would agree.

pajeet

>in Big cities
That's just it though, those cities are expensive to live in because you'll be paying insane amounts of rent or mortgage. Live outside of those (and work in the city if you're crazy fighting traffic for hours daily) then you can live fine with much, much less.

Wouldn't low skilled workers be fleeing those cities at this point? Obviously you can't make six figures as janitor, cop, teacher....etc. So how or where do they live? And how can a city like this sustain itself in the long term? Is it really just +100k incomefags living inside cities like SF?

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if anything, this illustrates the instant gratification mentality
live in your car and you could literally retire in 2-3 years, but people would rather have a place and remain a slave for 30+ years

Spending hours commuting is a pretty shitty quality of life m8.

most of these people live in the suburbs (in Europe, suburbs = shit; central = hype)

But the cost of living is the same, 3 euros for a coffee when it was 0.25 euros (before euro was our currency)..

its inflation, and salaries dont grow as fast as the prices

>3 euros for a coffee
What

I know, that's why I call people that do crazy. I can't understand how some people can put up with a 2 hour commute daily TWICE, but I have 2 colleagues that have been doing it for almost 2 years. You're already sacrificing 9 hours of your day for the work itself, I just can't wrap my head around it.

There's no waiter jobs nor countless offices to clean in the suburbs. Most of the jobs themselves are in the centres.

>Let's produce everything in USA instead of buying from from China at cents per MAGA
>what? are you telling me that American workers demand higher salaries than Chink slaves?

But question is how long is it sustainable? If housing prices inside the city keep rising, won't that bubble eventually pop, and if not overflow into the suburbs of SF?

its 7 euros @starbucks coffee

Is it speculation or is it mere demand ? That's the question.

It's 0.3 to 1€ in every café out there. If you are enough of a faggot to go to starbucks you deserve to be ripped off. Doubly so if you are a Parisien or Berliner.

I don't think we are gonna hit deflation. we'll get close though, the moment we get near 0-1% inflation, FRS will switch printing presses to 100% thus setting up hyperinflation.

In the next 10-20 years rich city centers will be walled off from pleb suburbs
the most likely is probably Paris

Can't remember the book, but some Sci-Fi shit painted exactly this scenario. Just remembered that it even was in future San Francisco lol. Walled cities for the ultra rich, including private military protection from the outside. Can definitely see that happen.

Paris is way too leftist, (((inclusive))) and pussyfied to do that.

The Sovereign Individual (not the book you're talking about, but the one you must read)
Increasing terrorist attacks and economic inequality as people without viable skills are left behind with automation and the rise of an intellectual elite will see to the emergence of a burgeoning and resentful underclass, which is already happening in capital cities around the world

this

They called the Eiffel tower. Eventually the ultra rich won't wanna deal with the sandniggers. And will just wall their communities off from the rest of the plebs.

>The Sovereign Individual (not the book you're talking about, but the one you must read)

That's the book which convinced me Crypto is here to stay. I have gifted at least 5 copies already, I got two with me right now. Crazy! Got any other book recommendations? The book I was talking about was Cumulus. Wouldn't really recommend, and it was in silicon valley, and yep walled cities etc. goodreads.com/book/show/29908112-cumulus

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timestamped geolocalized pic of 30 cents coffee in Paris and I'll send you 1 ETH. average price in a Parisian coffee in a café is roughly 2.20 euros on average, with high variance upwards (up to 8-10 euros in fancy places) but going no lower than 1.50 euros. ANYWHERE in France the average coffee price is above 1 euro. fuck out of here with your pretend cosmopolitan bullshit if you can't even keep your lies straight

Again, culturally Paris is too retarded for that. Parisiens will litteraly let themselves be killed in droves in the name of leftism. City police has orders not to arrest niggers or muslims in Paris. Even health services have been ordered by the city not go check on ethnic restaurants because it would be racist.
All the sane ones are leaving this forsaken place. Paris lose 200k inhabitants every year to white flight, mostly going to Lyon and Bordeaux, more conservative cities where the police can actually arrest criminals.

>tfw in Lyon
>tfw 0.30€ coffee after lunch
Cocu de parisien

>lyon
>major european city

baise ta mère le pouilleux des champs

Desolé de ne pas vouloir vivre dans une fosse à merde, Abdul

>City police has orders not to arrest niggers or muslims in Paris. Even health services have been ordered by the city not go check on ethnic restaurants because it would be racist.

source? french language is ok

its a lie, immigrants snacks get raided like every restaurants and racism level in France is getting higher and higher every day, free speech is just inexistant now, so if you speak you lose your job

>big cities
Amsterdam is by no means a big city compared to other places in Europe but jesus man. 1000 euros per month in rent gets you a student room if you're lucky. In the really nice areas a parking space costs 100k-150k to buy. (prinsengracht for dutchfags)

to me, Amsterdam is a big city
Nice weed and hookers
Too bad Amsterdam inhabitants are even less polite than Parisians

no this is economic evolution, time has progressed, to be living these days, just reasonably, you need to be a millionaire, and theres actually nothing wrong with that, it just means our society is becoming more wealthy (because its also true theres a growing number of millionaires)

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All dutch people are impolite as FUCK. We call ourselves ''direct'' but it's basically an excuse to be rude to everyone

>Blaming Trump and manufacturing for what is occuring in SF
I wonder if people like you are actually sentient or not sometimes.

Sage

I am in sf with 7 figs and barely making it

>our society is becoming more wealthy
The problem is that for 99% of people that wealth isn't been seen by them. Society isn't becoming more wealthy, a few hundred thousand people at the top are while they bleed money from the bottom.

Every commie on this thread is getting Doxxed

That's depressing man. Why can't you just move elsewhere?

3 euro for a coffee is cheap and I'm from London

Is Bordeaux nice? If I make it, I would like to buy a house with a vineyard there

amerimutts from Chicago dont know shit
At least, in Europe you can live with 800K/year, even in London

full of leftists

Most of the city is rent controlled. The working poor are still there or about 20 miles away

Tried explaining that to this annoying ass woman recently and wound up in a ridiculous argument about how she needs her "comforts"

Using a city that can't grow out and refuses to grow up isn't a good example.

Brazil already like that.