Topic: How can the US avoid hyperinflation? (Read 100 times)
Hyperinflation is the complete devaluation of money when people start losing trust in its value. With FIAT currency, this is an unavoidable thing, unless you stop printing money. However, if you stop printing money, then your FIAT currency will die because people won't be able to pay off their debt. It's a vicious circle. FIAT money of all sorts is the devil's work. If you look at the history of money, then you will eventually understand that FIAT money is the new form of slavery. Not in a metaphorical but in a literal sense.
This is my favorite answer. I used to say something similar years ago and recently my thought process changed stances a bit.
the main US currency is its eleven aircraft carriers. Until this can offer not one country, I think hyperinflation, the USA is not threatened
The reason why the USA is avoiding hyperinflation is because the huuuge quantity of money whcih is created never goes among the normal people. It stays in wall street.
Fears of hyperinflation in the United States are almost certainly unfounded. I don't say that because I can see the future, but rather because we can all see the past. The countries that have suffered the pain of a worthless currency share very little with the United States. Here's a financial disaster tour of recent history's worst hyperinflation episodes -- in descending order -- that suggests we shouldn't lose much sleep about the dollar becoming worthless.
Is it accurate to think the annual interest on our $20+Trillion debt is added to the money supply, creating a barely visible level of inflation that aren't accounted for in the public model that claims inflation is at 2%? Which do you think is more likely?
1: the US hitting hyper inflation and disrupting the global economy
2: the US getting into a serious war to retain their power after causing a financial disaster
3: everything to be just fine. The economic model is okay
1: the US hitting hyper inflation and disrupting the global economy
2: the US getting into a serious war to retain their power after causing a financial disaster
3: everything to be just fine. The economic model is okay
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