What happens if everyone is complicit and therefore the hyperinflation never technically exists because nobody brings it up?
Considering the amount of allies of Biden's agenda that exist in prominent positions, is it possible that he could just keep printing money forever and nobody ever actually calls him out on it? Especially considering the rest of the world is printing money too, so they're all technically in the same sinking boat.
Complicity is irrelevant. Inflation is very hard to control and the federal reserve will eventually have to enact inflationary policies that comport with the laws of gravity. We will inflate our way out of debt, it may spiral out of control to the point we adopt a new currency (ala Zimbabwe) or we have a couple very high-inflation decades. Either way, invest in capital. Labor and checking accounts are disadvantaged vs capital in high inflation times.
Incoming? We’ve been living in it.
Not in terms of hyperinflation we haven't. We're at the start of it, not at the end when one day, for no reason at all...
What happens if everyone is complicit and therefore the hyperinflation never technically exists because nobody brings it up?
Considering the amount of allies of Biden's agenda that exist in prominent positions, is it possible that he could just keep printing money forever and nobody ever actually calls him out on it? Especially considering the rest of the world is printing money too, so they're all technically in the same sinking boat.
Complicity is irrelevant. Inflation is very hard to control and the federal reserve will eventually have to enact inflationary policies that comport with the laws of gravity. We will inflate our way out of debt, it may spiral out of control to the point we adopt a new currency (ala Zimbabwe) or we have a couple very high-inflation decades. Either way, invest in capital. Labor and checking accounts are disadvantaged vs capital in high inflation times.
That's why I bought another 100 acres last fall...