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>> No.26006249 [View]
File: 47 KB, 400x527, TIMEMagazine17Mar1923.jpg [View same] [iqdb] [saucenao] [google]
26006249

>>26006151

>If the USD hyperinflated would the stock market exist?

Yes, it would. The German stock exchange didn't disappear after the Weimar hyperinflation, nor (conversely) did the American stock exchange disappear after the Great Depression "hyperdeflation" (so to speak). So our precedents for two different kinds of economic collapse show that stock markets don't simply disappear. In fact, people like Hugo Stinnes, the "inflation king," made a fortune in Weimar Germany by buying assets during the hyperinflation crisis.

https://en.wikipedia.org/wiki/Hugo_Stinnes

>> No.25317227 [DELETED]  [View]
File: 47 KB, 400x527, hugo.jpg [View same] [iqdb] [saucenao] [google]
25317227

>>25316725
I actually don't see the problem
>spent $4 200 on the car over 13 month period
>if I sell it now I get $24.5k from the dealer or ~$26k I sell privately
>current debt on car is $26.7k
>worst case scenario so far = $26.7k-$24.5k = $2.2k
>best case scenario so far = $26.7k-$26k = $0.7k
is $700 - $2000 for 13 months with a a brand new car really that bad?
if inflation continues like this and they raise the price of the car another 10% next year I might just end up MAKING money on my new car as new car prices trickle down

oh, and I forgot to add interest rate tax write off which will be about $250

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