There might be a period of deflationary recession/depression before hyperinflation.
Most people will not see the collapse coming until it smacks them in the face.
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There might be a period of deflationary recession/depression before hyperinflation.
Most people will not see the collapse coming until it smacks them in the face.
I agree with people having little cash to spend. The natural reaction with supply and demand would be deflation. Than with the federal reserve being filled with Keynesian economists their reaction would be to increase monetary supply to "fix" the deflation. Then the "fix" would get out of control before countering it.