LOL there is no hyperinflation in USA .. dont spread false info
Almost everyone has the wrong idea about what really causes hyperinflation.
They always think its a monetary phenomenon. The more money you print the more inflation you get, right?
Wrong.
If that were true we would have had hyperinflation all across the western world for the last decade. Maybe longer.
Hyperinflation is caused by a collapse in trust in the monetary authorities and central government of a country and its leaders. This is ALWAYS what causes hyperinflation.
So its not really a monetary problem. Its a confidence and trust problem.
This is what was really behind the hyperinflation in Weimar Germany and every other European country. It was the same in Zimbabwe and the same in Venezuela.
As for when the US might experience it, well, it already has just after the revolution in the 18th century.
Will the US experience it again? I would suggest its not a question of if but when.
No major nation state in the history of the world has ever repaid its national debt. Yes, the US has done it before but it was not a “major” country at the time but an “emerging” one.
Eventually all major Nation State Empires go down and their people lose confidence in their leaders and, in tandem, the money they issue. It has happened in Ancient Babylon, in Egypt, China, Rome, various leading nation states in Europe, and it will eventually hit the US when the American people decide that they would rather live their lives as a free people rather than as slaves to a unpayable national debt whose interest will eventually consume more of the federal budget than military expenditures.
Eventually the de facto backing of oil will no longer prop up the value of the Dollar. In 10 to 15 years the demand for oil is likely to decline by a third to a half from current levels thanks to technological advances.
The one saving grace when it comes to hyperinflation is that when it occurs in major countries it is typically rather short lived. 3 to 5 years at most is how long it takes most hyperinflations to run their course in major countries.
But that’s the easy part. At least you can profit from speculation in a hyperinflation. Its the subsequent devastating deflation that follows that is the real killer. Think what the housing crisis was like a decade ago X 10 and you will get an idea of what the aftermath of a hyperinflation is like.
