dedmiston
Coast to Coast
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Joined: 01/26/2004
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Hoarding as a hedge against inflation is a good way to trigger hyperinflation.
2014 RAM 3500 Diesel 4x4 Dually long bed. AISIN trans & 4.10 rear. B&W RVK3600 hitch • 2015 Crossroads Elevation Homestead Toy Hauler ("The Taj Mahauler") • Hooligan #3
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cptqueeg
Idaho
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Joined: 04/11/2020
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There were/are contracts w lid prices for home heating oil offered to consumers where the oil company did the hedging for all their customers. Having heated w oil for ~30 years I imagine that this latest rise was devastating to some. Glad I left that world behind a few years ago.
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LMHS
NM
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Joined: 06/27/2022
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Grit dog wrote:LMHS wrote:Gasoline has a short "shelf life".
You missed the point....hedging on futures isn't about the shelf life of fuel, lol.
No dearheart, I did not miss the point. I was responding to the "fuel storage" people.
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time2roll
Southern California
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Joined: 03/21/2005
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I would sooner invest in a SP500 index fund vs gasoline futures.
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NamMedevac 70
Reno
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Joined: 11/09/2020
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Since I no longer full time and only occasionally part time camp with frequent fishing trips without RV then this is my hedge. Also reduced non necessary trips and driving except for fish/camp trips during cooler months. Works for me with no risk of losing money. Cheers
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PButler96
Midwest
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Joined: 06/13/2022
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dedmiston wrote:Hoarding as a hedge against inflation is a good way to trigger hyperinflation.
LOL.....look at what all that Covid Hoarding caused......you got it, hyperinflation lol. Well at least inflation with some help from some certain folks who will remain nameless.
Somewhere a guy sits in his garage looking at 35 cases of Campbell's Pork and Beans and wonders how he could possibly stomach another can.
I have a burn barrel in my yard.
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JRscooby
Indepmo
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Joined: 06/10/2019
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Somewhere a guy sits in his garage looking at 35 cases of Campbell's Pork and Beans and wonders how he could possibly stomach another can.
We joked about how much TP was returned for refund when rent was due.
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Grit dog
Black Diamond, WA
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Joined: 05/06/2013
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LMHS wrote:Grit dog wrote:LMHS wrote:Gasoline has a short "shelf life".
You missed the point....hedging on futures isn't about the shelf life of fuel, lol.
No dearheart, I did not miss the point. I was responding to the "fuel storage" people.
Ohhhh ok. Well. You also missed the sarcasm of the “fuel storage” posts then.
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time2roll
Southern California
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JRscooby wrote:Somewhere a guy sits in his garage looking at 35 cases of Campbell's Pork and Beans and wonders how he could possibly stomach another can. That man has never been hungry, really hungry. Worst case they could be traded if times were truly desperate.
Buying pork and bean futures on Wall Street may have no value in a crisis to get food to eat.
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DallasSteve
Texas
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Joined: 05/28/2015
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PButler96 wrote:
LOL.....look at what all that Covid Hoarding caused......you got it, hyperinflation lol. Well at least inflation with some help from some certain folks who will remain nameless.
Inflation was caused by hoarding? That's a new one. I like this chart from the St. Louis Fed which shows the growth of the M2 money supply starting with the pandemic due to government handouts, budget deficits, and easy money policies from the Fed. It's astonishing how fast the money supply has grown. When the money supply grows faster than GDP you get - wait for it - it's coming - the answer is:
Inflation
![[image]](https://lh5.googleusercontent.com/proxy/yUMP0RnhhbBtfibZ3ZTb1y7dy2T0m6NZjlBZCfbA1Q7Cs4BYNnU48WG_FZFV75LWkyShRl0icE-8igmId9-uh-Ik7gyiKg=w1200-h630-p-k-no-nu)
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All my exes live in Texas, that's why I live in an RV
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