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Message Subject HYPERINFLATION NEAR???
Poster Handle Anonymous Coward
Post Content
None of you understand economics. You are just looking up data and making of it what you will.

Inflation...not gonna happen.
Deflation...gonna happen.

Overproduction....check.
Overvalued...check.
Wealth more uneven...check.
Monetary contraction...check.
Credit freeze...check.

You only get hyperinflation when countries are economic nitwits and don't understand that printing massive amounts of money causes it. The modernized nations fully understand this phenomenon and it's not a threat.



The money has already printed moron and they're throwing more onto the fire. US dollars already in circulation are being held OUTSIDE the US as a store of wealth. Once the US dollar continues on it's downward descent again, those dollars are NO LONGER going to be a store of wealth and will exchanged for whatever US assets they can.


So your argument is this: foreign entities are hoarding dollars, and then later on they are going to be worthless. Yes, that makes perfect sense.

iamwith
 Quoting: The_Venerable 412220


They didn't have a choice BUT to hold them whilst the US economy was stable. Now it is terminal so it makes no difference whether they crash the economy of "their best customer". The US is no longer "their best customer", it's a deadbeat.
 
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