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User Info 2021: The Year In Review, And A Wee Light In The Tunnel; entered at 2021-12-28 13:54:11
Posts: 563
Registered: 2021-01-28
Proverbs16.33 wrote..
My big question is to the strong position against hyperinflation. I recently read a couple books on Zimbabwe's experiences and they were very sobering. I'm just wondering if the US is "too big to fail" along those lines, or else why will the inflation not go parabolic? I definitely see it continuing to go up, my question is as to why not hit hyper status...

70% of currency in circulation is OCONUS. Anything digital (i.e. not in your physical possession) is not under your control.

Consider what happens when one chucks a stone into a pond. The resultant waves ripple outward. Such is how we exported inflation. Now, reverse that process (what we're about to go through now) and one will observe its pain begin on the periphery. Eventually you get a Waterfall event in the core, but at that point the average Murican will view hyperinflation as something they WISH they were experiencing, instead of return to barter and feudalism.
2021-12-28 13:54:11