Originally Posted by
taliv
IF biden is elected, guns and ammo will double or triple in price
IF trump is re-elected, it will go back to the way things were last year, cheap and widely available guns and ammo.
HOWEVER, keep in mind that 1/3rd of renters didn't pay their rent on time last month. boats, RVs, campers, motorcycles and the like sales are through the roof. I've heard some RV retailers claim sales are up 600%. heard a boat retailer say they sold their entire stock. BMW had a record quarter last EDIT ending in june. (i'm trying to buy a gsa and there aren't many in stock)
My point is that our society is chock full of idiots who having just experienced pandemics and riots and shortages of everything from toilet paper to beef have decided in their wisdom to en masse a) stop paying their rent, b) stay home and collect unemployment instead of working, c) spend their gov freebies and handouts (aka stimulus) on downpayments for 0% loans on rapidly depreciating toys they can't afford, which they will be upside down on their loans for 10 years, or maybe forever.
yay public education.
at the same time, due to pandemic related shut down, almost every municipality, county, state and certainly the fed gov, has seen tax revenue drop precipitously, while spending skyrockets. the feds alone spent $4.45 TRILLION just last year, and that was before stimulous and riots etc. The point is, every dollar they spend creates inflation. realistically, your dollar today is probably worth half of what it was in 2018, you just don't know it yet.
so, even IF trump gets reelected AND covid disappears AND the race riots stop, it is highly likely we will have a financial reckoning in a year or two. if that leads to Greek style "Austerity" or a Cyprus style "bail in", the civil unrest in this country will be 4 orders of magnitude worse than it is today. And the alternative to that is hyper inflation (far more likely), in which case, again, the civil unrest will be unreal.
the challenge though, is that in either of those situations, it will be venezuelay. everyone will want giant stock piles of guns and ammo, but in reality, they'll will stand in line for 8 hours to sell their gun to buy a bag of rice.
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