Hyper inflation in the US - yes or no?

[Sergio123]

Deteriorating global reserve status by a few percent still does not equal hyperinflation.

The US dollar is not going anywhere anytime soon. There is no replacnent for it currently.
BRICS is a joke. BTC is a joke. The Chinese don't want their own currency hence the strict capital controls so their currency doesn't crash.

The dollar has some head winds for sure but everything else is a complete cluster fuck.
Nothing even comes close so let's not get ahead of ourselves counting the minutes until the nation falls apart

The issue isn't the amount of deterioration to the USD thus far.

The real issue is that there is no good path to straighten out the ship.

The best way might be to leave JObamala in there for Act#2 and let things course correct but then there will be alot more risks on the geopolitical front.

 

[NoahA]

The best way might be to leave JObamala in there for Act#2 and let things course correct but then there will be alot more risks on the geopolitical front.

Nobody can fix the problem. The math just doesn't add up. The only way that debt is sustainable is with 0% interest rates, and that is not likely to happen. If they stay in the 4-5% range, the government can't afford the interest expense bill. The money has to be borrowed. Nobody is buying government debt, and too much already has to be rolled over, never mind all the newly issued bonds they need to get out there for the $2T deficit. So the Fed will have to monetize it, and that sends a signal to the world that the US is broke.

Everything that worked in the past to get us here will not work anymore. The system badly wants a monetary reset, but the fight is on to figure out what the system will be. My bet is on Bitcoin.

 

[murray t turtle]

The fall of Rome.
The government was putting more and more lead into their silver coins. The soldiers got ticked off...Less buying power, less land to buy/lease.

%%
OK;
but the price of salt,old Roman money has come down a lot.......
Amazing how much salt a small amount of US $ buys @ WMT. Great seasoning still.
I would like to see the old custom of paying taxes in salt resume LOL