Quote from: stompix on November 18, 2021, 02:07:15 PM

Quote from: buwaytress on November 18, 2021, 09:45:12 AM

Though I wonder if 100k usd next year is going to be as valuable as 100k usd now.

Really depends on what you're buying.
Things here are just a mess, a complete mess, prices for energy have skyrocketed, prices for some things like electronics or spare parts the same, some foods again, but others...not really. Meat and vegetables stayed nearly flat, fruits barely moved, transportation costs flat (except if you drive yourself, of course), most services the same, or clothes and health products.
It has a lot to do with what you import, how much of it, and how bad the sector was hit by this.

I only know the situation back home and where I live now, and yeah, I can see prices for basic food items already notching up. I'm not driving but fuel's going to bite in winter anyway, my energy provider went bust, so my long-term contract's out the window and the new provider already is giving me very painful estimates. I don't spend much on luxury or anything else but I do cook almost daily so the markups are quite evident.

I always said jokingly 1 million dollar Bitcoin's actually possible when the US dollar goes to shite but yeah, all this talk of default and US economy and dollar worst-case scenarios won't happen in our lifetime. Not because it's not heading there but because those in charge won't allow it.