Just saying. People have been awfully worried about inflation here. Meanwhile our core inflation rate continues to match Japan's descent into deflationary fun as our core inflation is now 1% and falling.
Somebody's sure making a mint off this little scheme.
The coming hyperinflation will be generated by the USD's loss of status as the world's reserve currency, idiot. It will have nothing to do with the normal inflation/deflation cycle.
ReplyDeleteWhen gold is ten grand an ounce & gas is $10 a gallon don't say you weren't warned.
wait what evidence says there will be hyperinflation? the only evidence here is for deflation
ReplyDeleteQE2 fails, QE3 fails, QE4 fails, QE infinity fails, and the dollar along with it. We're on the verge of a currency war that we will lose and the dollar races to the bottom. For fuck's sake look a USD/JPY, USD/EUR or USD/CHF chart. The dollar is at all-time lows and we just printed another $600 billion.
ReplyDeletePay attention to the world around you and you might not be so fucking ignorant.