Imagine thinking the US is somehow going to run out of food, or lose food production, or that people will suddenly start buying more food than they need. No friend, there will be no hyperinflation.
The National Debt
Alexander Anderson
Sebastian King
this is a controlled demolition to make way for a new system
Oliver Richardson
Seriously.
People have absolutely no idea just how much things used to cost. They him and haw about the quality of products in the past not realizing just how much more ridiculously expensive they were.
This is an ad from 1993. Per capita gdp was 45% of what it is today.
Meanwhile, the present day equivalent of the workbench is $39.99 in 2019. walmart.com
It's effectively 25% the price. It's a big part of why housing is so massively overpriced; people can afford it and use it as a cash dump.
Luis Jackson
So you think the US is going to produce even more in a deflationary spiral? You’re going to have more currency chasing the same goods and services. The Fed is likely to continue expanding its balance sheet to ~30 or 40 trillion just to balance the bond market, real estate market, and equities market. They’re doing this to prop up the GLOBAL economy, not just the US economy. You’re a brainlet if you don’t see the repercussions of this.