/biz/ - Business & Finance

>>18389843
>>18391879

love this goofy lookin ass motherfucker so much

>>18012805
same person, dont know why id changed

yes, there will be more new currency in circulation than currency destroyed by the deflation, let me explain
Mike Maloney often talked about how we are "exporting our inflation". What this means is that we are sending our US dollars overseas in exchange for goods. Once foreigners have concerns over the US dollar, they will send all the dollars back to the US. That alone could send us into hyperinflation.

The thing which is so acute about Trumpbux is the effect on inflation. obviously, if (((they))) could get away w just a bailout for wall street, they would but the public wouldnt tolerate it. with the bailouts for wall street only, we have 'trickle down inflation'. with the direct cash payments, there will be more than enough currency to trigger a hyperinflation.
The thing is tho is that people are going to save those Trumpbux at first, then everyone will spend it in a craze.

Finally, in the bonus feature of HSOM episode 7, MM talked about the Weimar hyperinflation. In it he said that, when the French invaded the RUHR in 1923, the german govt paid the workers to strike. With no added economic output, but more currency in circulation, everyone realized the marks were worthless. This is what's going to happen on a national scale: no economic output + vastly increased hyperinflation.
Silver will moon

>>17953065
>>17953123
shhhh