Next year?? I must be ahead of the curve for once
Hyper inflation in the US - yes or no?
- Thread starter David's faith
- Start date
Next year?? I must be ahead of the curve for once
How was your cheeseburger?
Wouldn't know, I'm saving it. I'm still full from the BJ
K, I am pretty sure I am pissed off at Cam12 and Elf.
Slow Learning Elf is all on about Cam's cheseburger, but that was not discussed in this thread. So why was it brought up here?
I now crave a cheeseburger, and I blame Elf and Cam equally.
By the way, neither of these peeps had anything to say about hyperinflation., So there is that.
Government is the only institution that can take a valuable commodity like paper, and make it worthless by applying ink.
--- Ludwig von Mises
There is no "absolute rule on when hyperinflation arises" (1)
And, since "de gustibus non est disputandum" (i.e. there is no accounting for taste) I contend that hyperinflation is, according to my taste, already here. It was inevitable when we left the gold standard.
Therefore, U.S. paper is 100% fake and the Fed(s) are only trying to convince the majority of people that paper has some modicum of utility. It does not. If you don't agree with them, and choose to use something else as currency, they will point a gun at your head and force you to use their fake paper by violence. Welcome to the "free world".
Sad, but 100% true; read the 1974 Nobel Laureate Friedrich Hayek and wake up.
Finally, for these reasons, I abstain from voting because you did not provide an option stating that "hyperinflation is already here".
--- Ludwig von Mises
There is no "absolute rule on when hyperinflation arises" (1)
And, since "de gustibus non est disputandum" (i.e. there is no accounting for taste) I contend that hyperinflation is, according to my taste, already here. It was inevitable when we left the gold standard.
Therefore, U.S. paper is 100% fake and the Fed(s) are only trying to convince the majority of people that paper has some modicum of utility. It does not. If you don't agree with them, and choose to use something else as currency, they will point a gun at your head and force you to use their fake paper by violence. Welcome to the "free world".
Sad, but 100% true; read the 1974 Nobel Laureate Friedrich Hayek and wake up.
Finally, for these reasons, I abstain from voting because you did not provide an option stating that "hyperinflation is already here".
Sorry didn't mean to get off track.
Regarding hyperinflation, the original question by David's Faith implies that the dollar may get debased after a recession.
What recession?
I'm yet to see any signs of the hyperinflation that some people have been so sure was about to hit ever since mid 2020.