You do not want to live in a hyperinflationary environment. The story of Germany after world war 1 is downright frightening.When hyperinflation kicks in, paychecks become irrelevant.
That is the mechanism of death for such an economy.
You do not want to live in a hyperinflationary environment. The story of Germany after world war 1 is downright frightening.When hyperinflation kicks in, paychecks become irrelevant.
That is the mechanism of death for such an economy.
There are more recent examples too.You do not want to live in a hyperinflationary environment. The story of Germany after world war 1 is downright frightening.
Maybe that is what is needed. I don't wish for it but the way things are progressing, that looks almost a desirable alternative.
Robin
Well... production does take time you know
Rittenhouse Prosecution Suddenly Announces Mysterious FBI Drone Video
except, a lot of the peasants will be armed, I see the feudal system coming on strong, little kingdoms and enclaves all across America. This should be funThere are more recent examples too.
But all of them lacked one major point that would make the US version 1000 times worse.
None of the nations that have experienced hyperinflation were the worlds reserve currency.
If the US goes down that route, we will take the whole world with us. It will be the fall of the Roman empire again.
The fall of the Roman Empire was so devastating that the next few *centuries* were called "the dark ages".
So, you're not just looking at the failure of the internet and power grids. You're potentially looking at a world where society has forgotten how to even build or maintain them.
We're talking real post apocalyptic shit.