Monday, December 31, 2018

Hyperinflation won't happen here

The Case for Hyperinflation All the [financial] writers base their hyperinflation argument on America’s: 

  •  out of control federal deficits 
  • spiraling debt, 
  • poor economy, 
  • reluctance to raise taxes, 
  • loss of control over the money supply. 

The Case For Inflation – Not Hyperinflation – Happening [In my opinion, however,] hyperinflation is something that is easy to say [and] makes headlines but is more difficult to achieve. The question is not, is it possible, but, [rather,] is it probable in America today. I think the circumstances make the probability low… 
Conclusion I respect many of the writers who believe that we will experience hyperinflation [but] I think most of them are jumping the gun. At this point none of the economic or political factors required to set off hyperinflation are present. [Indeed,] careful analysis of theory, fact, and history leads me to conclude that inflation/stagflation is our future. It is quite a leap of fancy to say we are certain to have hyperinflation. [Frankly,] I think it is political science fiction to think that the Fed or any politician would let hyperinflation happen here.
Source: http://www.munknee.com/will-hyperinflation-happen-in-america-here-are-economic-political-worst-case-scenarios/

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