Hyperinflation is defined as beginning when one month has 50% price inflation.
By then you will have had serious trouble way before.
If we continue as we are now with 10-20% inflation it will probably be enough to collapse the economy:
- Even normies will notice their pensions being cut in half every 3 years! Leading to unrest.
- People will lose all desire to save and faith in the money driving further instability/price inflation.
- The printed money itself will cause economic misallocation - such as now where people are paid to NOT work.
- Once the process is begun a lot more effort will be needed to restore faith in the system than if they did something now or say 5 years ago. This is because people would be ditching cash thus increasing the supply of useless paper. Stabilizing would likely require a total stop to monetary printing.
Of course our enemies running out of free money is very good for us. If you spread only a single red pill message, make it the worthlessness of fiat cash.
Physical silver kills (((vampires)))!
Hyperinflation is defined as beginning when one month has 50% price inflation.
By then you will have had serious trouble way before.
If we continue as we are now with 10-20% inflation it will probably be enough to collapse the economy:
1. Even normies will notice their pensions being cut in half every 3 years! Leading to unrest.
2. People will lose all desire to save and faith in the money driving further instability/price inflation.
3. The printed money itself will cause economic misallocation - such as now where people are paid to NOT work.
4. Once the process is begun a lot more effort will be needed to restore faith in the system than if they did something now or say 5 years ago. This is because people would be ditching cash thus increasing the supply of useless paper. Stabilizing would likely require a total stop to monetary printing.
Of course our enemies running out of free money is very good for us. If you spread only a single red pill message, make it the worthlessness of fiat cash.
Physical silver kills (((vampires)))!
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