Results 1 to 12 of 12

Thread: Is hyperinflation coming?

  1. #1

    Question Is hyperinflation coming?


    __________________________________________________ ________________
    "A politician will do almost anything to keep their job, even become a patriot" - Hearst



  2. Remove this section of ads by registering.
  3. #2
    Well if it is , let me know when it arrives.

  4. #3
    Hyperinflation isn't possible until the velocity of money increases. I really don't think that's even possible until this Covid19 business no longer restricts economic activity.

    https://fred.stlouisfed.org/series/M2V

    P.S. I didn't watch the video - sorry.
    I compiled a "brief" history of events since October 2008 that are defining the global currency war and the role that gold is playing:

    Tin Foil Hats, Economic Reality and the Total Perspective Vortex

    Also, have you contacted your Congressional Rep and asked them co-sponsor Ron Paul's Rep. Paul Broun Jr.'s HR 1098 77: Free Competition in Currencies Act?

  5. #4
    Quote Originally Posted by Bern View Post
    Hyperinflation isn't possible until the velocity of money increases. I really don't think that's even possible until this Covid19 business no longer restricts economic activity.

    https://fred.stlouisfed.org/series/M2V

    P.S. I didn't watch the video - sorry.
    The video pretty much says the same thing.
    __________________________________________________ ________________
    "A politician will do almost anything to keep their job, even become a patriot" - Hearst

  6. #5
    I never watch videos . I agree with bern. We might be at the opposite . Doesnt always make sense but appears so .

  7. #6
    I watched about 1/2 the video. Talks about hyperinflation from the monetarist's perspective. Not sure one needs to see "velocity" increase with unlocking economy. Continued lockdowns will strangle supply and simple supply/demand can spike prices at that point. The local 7-11 is already complaining about delivery trucks not showing up. YMMV.

  8. #7
    "The invisible hyperinflation monster (it's real)"

    https://www.econlib.org/archives/201...visible_h.html


    There is already enough base money to trigger hyperinflation.

    Why do I think this would happen so rapidly? Consider the case where the market thought there was only a 3% chance that my theory was correct. In that case the expected price level in 2017 would not be 1000% higher, but rather a mere 30% higher than this year’s price level. But even 30% expected inflation is really high! It’s so high that banks would not want to hold onto non-interest-bearing reserves that were rapidly losing purchasing power. As the banks got rid of this “hot potato” the price level would begin soaring, just as I predicted. In other words, there’s no stable equilibrium between 1% inflation and more than 1000% inflation. Anything in between would imply the public is willing to hold implausibly large cash balances (as a share of GDP), despite relatively high expected inflation.Thus QE is only compatible with very low inflation if the public believes there is only an infinitesimal chance that the QE is permanent. Because the actual QE has not resulted in high inflation, we know that the public has a very high level of confidence that the QE is not permanent (or that if permanent, interest will be paid on the excess reserves.)

    So there really is an invisible inflation monster, lurking around the corner. The reason we never see it is because the Fed is sensible enough to not walk around the corner. They have the good sense not to print zero interest money to pay off the debt, and make the money supply increase permanent. You may not see the invisible hyperinflation monster but trust me; the monster is there. If the Fed did what some people recommend we’d see his ugly face almost immediately. And it would not be a pretty sight.
    As long as you don't have buffoons at the Fed it won't be a problem. I think Powell is sensible. But if you had MMT's dictating policy, you could have 30% inflation in a very short time frame.


    From Google
    MMT doesn't advocate “monetizing” deficits rather than issuing bonds. MMT's point is that it doesn't matter. The debt can always be paid by creating money. We should worry about fighting climate change and injustice, not about the national deb

  9. #8
    Quote Originally Posted by Bern View Post
    Hyperinflation isn't possible until the velocity of money increases. I really don't think that's even possible until this Covid19 business no longer restricts economic activity.

    https://fred.stlouisfed.org/series/M2V

    P.S. I didn't watch the video - sorry.
    Velocity isn't an independent variable and has no causal power. It's just GDP divided by money supply and it's been trending down simply because the money supply has been growing faster than GDP. What the velocity chart shows is that we're on a path to stagflation, with more and more money being printed to support more and more unproductive activity.
    "Democracy is the theory that the common people know what they want, and deserve to get it good and hard."

    -H. L. Mencken



  10. Remove this section of ads by registering.
  11. #9
    Rapid inflation is already happening if you pay attention. Real estate and securities, the places the newly created money goes first are exploding. Food prices also have increased quite a bit this year.

  12. #10
    I dont think its coming, I think it is HERE.
    1776 > 1984

    The FAILURE of the United States Government to operate and maintain an
    Honest Money System , which frees the ordinary man from the clutches of the money manipulators, is the single largest contributing factor to the World's current Economic Crisis.

    The Elimination of Privacy is the Architecture of Genocide

    Belief, Money, and Violence are the three ways all people are controlled

    Quote Originally Posted by Zippyjuan View Post
    Our central bank is not privately owned.

  13. #11
    There hasn't been more consumer price inflation as measured by CPI because much of the money previously created didn't end up chasing consumer goods and services (rather securities) and because much of the money went overseas to satisfy the international demand for dollars. Both of those trends are likely to change as the US implements increasingly large and increasingly permanent "stimulus" programs: MMT, UBI, whatever they call it. More of that money will be spent on consumer goods and services, and this will gradually undermine the dollar as a world currency.
    "Democracy is the theory that the common people know what they want, and deserve to get it good and hard."

    -H. L. Mencken

  14. #12
    Before Obama took office bacon was 1.99 a lb , now its 4.99 for 12 ounces so regular inflation is bad enough . No need to hurry along the hyper inflation. Rev is right . these dollars have not entered the economy . They went to overseas govts and into the stock , bond and treasury markets.



Similar Threads

  1. Must-See Video About Why Hyperinflation IS Coming, And Soon
    By justinc.1089 in forum U.S. Political News
    Replies: 24
    Last Post: 02-20-2011, 07:29 PM
  2. How to Survive the Coming Hyperinflation
    By AmericasLastHope in forum Economy & Markets
    Replies: 0
    Last Post: 08-27-2010, 01:28 PM
  3. Hyperinflation Coming Soon?
    By CCTelander in forum U.S. Political News
    Replies: 1
    Last Post: 06-27-2010, 02:34 PM
  4. Weimar Republic vs. U.S.A.: Hyperinflation Coming...
    By denison in forum U.S. Political News
    Replies: 26
    Last Post: 08-30-2009, 06:36 PM
  5. Hyperinflation coming?
    By Bradley in DC in forum Economy & Markets
    Replies: 1
    Last Post: 04-19-2008, 11:03 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •