Lots of people say USD won't see hyperinflation for decades to come. I am the only one who thinks it will happen much faster, within the next 10 years?

I'd expect many countries to follow the U.K. economic model of lets spend more to lower inflation. Turkey really was the first to pioneer this concept. I actually believe they are correct and not just printing for the sake of corruption, but yes im sure there is corruption too.

Every time central banks raise interest rates it kills supply production of goods first. For example in real estate they stop building new homes and then later the price drops. The production of new supply gets cut first which just esclates the problems.

Another case study is when QT takes place it cost the government more due to lack of efficency. Bob loses his job and stops buying $100/week in food, now he goes to the food bank and get $200/week in food and throws half of it away because they give him a bunch of crap his family doesn't like. The spending doubles due to the inefficent market, but the government prints money and gives to the food bank thanks to biden's food insecurity act. This shows QT creating more inflation as spending on food doubles.

Submitted September 27, 2022 at 03:52AM by hyperinflationUSA https://bit.ly/3SAwUWH