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107330 No.107330[DELETED]  [Reply] [Original]

How tinfoil is a hyperinflation scenario for the western world?

>> No.107346

Right now pretty tinfoil. Anyone who could would only ruin themselves.

>> No.107370

Extremely tinfoil. One of the biggest risks facing the EU right now is deflation. Inflation in the US is still very low as well.

>> No.107634

We are printing at unprecedented rates. Our population growth is slower than ever before. Not tinfoil hat at all. There will be inflation.

>> No.107689
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107689

>>107634
inflation is normal, paper money as rolling papers, now that's hyper inflation

>> No.107716

>>107689

Not that guy, but we are 17T ~ 100% GDP in debt and I think getting 500B deeper in debt every year (down from 1T).

What is happening right now? Obama is pushing to end 'austerity'. wtf. That is how you get hyperinflation, when the powers that be can't face economic reality and try to print their way to prosperity. I won't work. It can't work.

>> No.107738

>>107716
so what would be the domino effect given that USD is essentially the new gold standard

>> No.107860

>>107738

<cinches down tinfoil hat>

Short term? China dumping us treasuries due to their looming bank failures. Fed tries to soak them up and can't. Faith is lost in our ability to pay our lenders back. Nobody buys more treasuries leaving the fed totally monetizing our deficit.

Meanwhile some asshat goes all in and decides to do some massive stimulus package and puts our deficit over 9000. Price and wage controls. Capital controls are already kinda in place in the US. Faith is lost due to rising inflation and investors dump dollars to buy hard assets.

>> No.107887

We won't hyper inflate.
The only Apocalypse would be a viral one, as they're the Apocalypse's that have gotten humanity before.

>> No.107895

>>107738

<tinfoil cap ultra tight now>

In ways that I know I do not understand, debt is rehypothecated across the financial system. So you have a loan, then you have an instrument created from bundled loans, then you have instruments created based on risk of defaults, etc. etc. etc.

The derivatives market basically. (what is is size, like 1000T or something?) Anyway you have some sort of Lehman moment and all the dollars tied up in those artificial 'assets' become decoupled and enter the market for physical assets.

I kind of wonder if that is why the stock market is doing so well. Money is moving to purchase hard assets.

>> No.107901

>>107887

Hyperinflation would not be an Apocalypse. It has happened before, and it will happen again. New currency will be issued. Promises to NEVER EVAR to that again will be made. Life will go on.

>> No.107914

>>107330
deflation is still a bigger threat

>> No.108080

>>107914

I think that hyperinflation is typically what comes after the deflationary spiral when the people that control the printing presses finally feel the pinch of reality.

I would argue that your focus on deflation as a concern is a focus on the short term. Figuring out how to invest (not mal-invest) in the economy and country is the hard job that solves problems.

>> No.109225

>>107914

hyper inflation is the worst thing ever - just look at Zimbabwe and many African countries - everyone is poor but prices remain high

at least with deflation, prices tend to drop

inflation just kills you

>> No.109243

>>109225
>he hasn't read about Irving Fisher's theory of debt deflation

laughingelfman.jpg

>> No.109298

>>109243

except that's not relevant - debt deflation includes falling prices to match lower incomes

>> No.109331

>>107330

economy is not an uncontrolled process and money is not a natural force/resource

they will reinvent the system so it works again and no debt will be ever called upon

think about it, would you want to send the society you rule into complete freefall?

>> No.109349

>>109331
what if there's no they

what if no one is at the driver's seat?

Maybe that's why we believe in things like the Illuminati and the NWO, we want desperately to believe there's someone in control

>> No.110026

heres what I think will happen

>U.S. will not be able to pay it's bills as a result of a ballooning out of control budget.
>eventually military is cut
>the dollar loses power worldwide, if only little by little
>this compounds until we have hyperinflation

>> No.112055
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112055

Based Bernanke and friends keeping us from going into hyperinflation with QE

>> No.112212
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112212

>>112055
QE can't last forever.

>> No.112225

>>107346

lolwut? You just get the gold first, dumbass.

You know, like China.