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There is inflation all over the world. Housing is not counted, although it's the major cost for everybody at this point. The only way to remain sane in this ma

There is inflation all over the world. Housing is not counted, although it's the major cost for everybody at this point. The only way to remain sane in this manipulated fiat environment is to calculate gold/housing, stock/gold and Bitcoin/stock market and similar asset ratios.

cft 7y ago
In addition to buying BTC, I also long shorted select QE-related IPOs, such as Pinterest. When the bottom falls off, these will fall with vengeance.
- anm89 7y ago
  Non troll question: What about Pinterest is more QE dependant than other stocks?
  - toomuchtodo 7y ago
    QE is shorthand and not entirely accurate. OP likely meant dumb money chasing yield down the abyss that is unprofitable tech IPOs.
  - DaiPlusPlus 7y ago
    Pinterest is where you go to fantasise about major home improvement projects - suggesting when people are cash-poor they’ll spend more time there. ...but if you’re cash-rich and planning a project you’ll definitely start you’ll also have a Pinterest page for that too. So I’m 50/50 on this. Note that QE is not something that is directly felt by the general public - it’s definitely something for behind-the-curtain so this whole thread is bollocks.
ls612 7y ago
This is false. Housing is almost a third of the CPI.
- im3w1l 7y ago
  I think for many people housing as a fraction of money spent is much higher than that. I have had periods where around 75% of my spend was rent.
  - JamesBarney 7y ago
    Depends where you live. In San Francisco you might. But when I graduated college I moved to Houston and over the last 10 years I've never spent more than 10% of my income on rent. Sometimes spending as little as 6%. (When I graduated I made 40,000 and spent $300 a month sharing a 2 bed room in a nice neighborhood, a couple of blocks away from a bunch of nice museums.)
JamesBarney 7y ago
This is 100% false. The cost of housing(i.e. rent) is counted. The prices of purchasing a houses is not. This is because the CPI(Consumer Price Index) is an index of the cost of consumption. And rent is the cost of housing consumption. Purchasing a house is the cost of buying an asset that produces housing.(which you can then consume yourself or sell to someone else.)

cft 7y ago

In addition to buying BTC, I also long shorted select QE-related IPOs, such as Pinterest. When the bottom falls off, these will fall with vengeance.

anm89 7y ago
Non troll question: What about Pinterest is more QE dependant than other stocks?
- toomuchtodo 7y ago
  QE is shorthand and not entirely accurate. OP likely meant dumb money chasing yield down the abyss that is unprofitable tech IPOs.
- DaiPlusPlus 7y ago
  Pinterest is where you go to fantasise about major home improvement projects - suggesting when people are cash-poor they’ll spend more time there. ...but if you’re cash-rich and planning a project you’ll definitely start you’ll also have a Pinterest page for that too. So I’m 50/50 on this. Note that QE is not something that is directly felt by the general public - it’s definitely something for behind-the-curtain so this whole thread is bollocks.

ls612 7y ago

This is false. Housing is almost a third of the CPI.

im3w1l 7y ago
I think for many people housing as a fraction of money spent is much higher than that. I have had periods where around 75% of my spend was rent.
- JamesBarney 7y ago
  Depends where you live. In San Francisco you might. But when I graduated college I moved to Houston and over the last 10 years I've never spent more than 10% of my income on rent. Sometimes spending as little as 6%. (When I graduated I made 40,000 and spent $300 a month sharing a 2 bed room in a nice neighborhood, a couple of blocks away from a bunch of nice museums.)

JamesBarney 7y ago

This is 100% false. The cost of housing(i.e. rent) is counted. The prices of purchasing a houses is not. This is because the CPI(Consumer Price Index) is an index of the cost of consumption. And rent is the cost of housing consumption. Purchasing a house is the cost of buying an asset that produces housing.(which you can then consume yourself or sell to someone else.)