"Transitory Hyperinflation Ahead"

[Achilles]

BofA: "Transitory Hyperinflation Ahead"

by Tyler Durden

Monday, May 03, 2021 - 09:20 PM
Last week, when discussing the latest earnings call commentary, Bank of America said "Buckle up! Inflation is here", and showed a chart of the number of mentions of “inflation” during earnings calls which exploded, more than tripling YoY per company so far, the and the biggest jump in history since BofA started keeping records in 2004.


Who knew that just one week later BofA would need a bigger chart... a much bigger chart.
As BofA's Savita Subramanian writes, after the third week of earnings. mentions of “inflation” have now quadrupled YoY; and after last week, mentions have jumped nearly 800% YoY!


While the implications are obvious, we leave it to Bank of America to explain what this means:

On an absolute basis, [inflation] mentions skyrocketed to near record highs from 2011, pointing to at the very least, “transitory” hyper-inflation ahead.

Yes... really:


Because if there is one thing hyperinflation is, it's "transitory."

https://www.zerohedge.com/markets/bo...nflation-ahead

[Ivan88]

https://www.zerohedge.com/markets/bofa-transitory-hyper-inflation-ahead[/url]

Yes it transits the peasants into poverty and the Richman into more power & wealth.

[Bear]

What on the planet makes them think it’s “transitory”?

[Ivan88]

1 Billion & 10 Trillion notes were transitory to nothing. Yankee dollars may be going through same transition.

[naturallysweet]

Inflation is never transitory. The prices don't go back down. The real danger is once people realize there is inflation and start losing faith in the dollar. Then they no longer want to hold it for any length of time. That's when hyperinflation kicks in.

[moestooge]

$800 Big Macs are coming.

[Buster]

just think
everyone will be wealthy and paying biden's wealth tax

[naturallysweet]

This is why I'm not super worried about playing down debt. I'm more focused on building tangible wealth, and food production.
I'm hoping to pay the debt off with inflated income.

Of course, my house and land is free and clear. My personal debt would be equal to a decent new car
Although, my vehicles are both paid off.

[Hoppalong]

$800 Big Macs are coming.

Thanks for the laugh of the day, I Like it. Laugh it is funny, as it sure won't happen, but I nice joke just the same. Everyone needs to laugh once in awhile and that there was a good one .

[Lenno]