Well i think you're wrong in the idea no one knows the economy. I think the economy relies on the ignorant not to know it and thus they participate in certain areas of it. As far as hyperinflation goes. You're correct in the american empire under the brettenwood agreement using it's war machine has managed to bankrupt every other country through subterfuge and machinations and war.
Using the law of teh jungle or might makes right. The american empire has managed to hold everyone else at bay. So yes america can afford alot of things and hyperinflation is not very likely. so when i talk about ideas like universal basic income and the very ignorant of you all which is many. Jump up and say oh it's going to cause inflation or hyperinflation they don't understand how the economy works.
They don't understand even if the inflation rate as many experts predict increased by about 12% per month in the cost of goods and services due to ubi it wouldn't have a significant impact on receiving for example an extra $1000 per month. However we're ignorant so we'd think it would cause that. It's not that we don't know what the economy will do. It's that some of us are ignorant and participate in certain areas of the economy that pushes that narrative like many of you.
I think what needs to be understood in all of this. What hurts the people in this economy. That is there exist two economies. You may call it wallstreet and mainstreet. They are very expansive ideas. For example if someone says bitcoin is the solution like Jack Dorsey and you all how you go just buy hive or just buy bitcoin etc.,
You all are utter idiots. THe problem is if most of americans can't even afford a $400 emergency. They gotta go borrow money from a bank to get it. How in the world can they afford to buy bitcoin or any other cryptocurrency. That requires disposable income where many people are living paycheck to paycheck in the world.
So kinda dumb when you think about it right? That's why rich people dominate cryptocurrency. That's why you see whale dominance on the level like your account and a few others. it means the crypto system and standard economy doesn't work it's that simple. It's not serving the people at all. Not yet and unless a system comes along which may or may not we don't know. Unless it comes along and changes that situation then there is no hope. So far crypto is showing worse signs than the standard economy. There is a great deal less economic prosperity in crypto. most in crypto lose money not make money. So that's baloney.
The other part is the problem isn't even really hyperinflation or inflation. The us government through it's machinations has been successful in controlling that. Sure we have rising food costs etc., often times due to outside circumstances. People confuse what inflation is with rising cost of a particular said good or service. That's not the definition of inflation and not how it works. however that still doesn't mean that's good for the participants in the economy.
For example a stable inflation rate doesn't mean the average citizen can afford food and housing and basic needs. If there is no jobs to perform, lol. if there are slave type jobs no one else wants to do and not good opportunities provided then that controlled inflation rate means nothing.
So it's alot of moving parts to this. People full of shit tend to focus on the baloney to further confuse people. The bottomline is we got enough money in the united states i know for everyone to be economically prosperous period. I don't care what philosophies people have about who should live how. We can afford a ton of shit. UBI we can afford and i'm tired of idiots saying we can't. All the crap and kilings and war and stealing teh united states has done it owes it to it's citizens.. bottomline. so that's my take on that. hyperinflation.. is a no but that doesn't mean you can't get close to those type conditions and things can't get bad. however it's no reason for it to get bad that's the point. it's just the lunacy of ignorant people. It's not just the politicians and power brokers.. it's the dumb irresponsible non action taking average citizen who is ignorant and wants everyone but them to solve the problem.
in the old days when there was a problem. the people would get up and do something about it. Your mailman.. your darn local teacher and everybody would be activist. Now you got these people who's brain has went under athrophy they want everyone to fix what the government and the world does and all they do is talk about the problem but do nothing about it. THen you got these fake agents i call them. Act like they care but they benefactors of these systems and we dumb enough to listen to them. I dont know why people listen to you they dumb as well on your thread.
However it makes sense to me. As this is the problem right here. THey are the problem. i dont even think it's the rich people or politicans.. thats code word for use a scapegoat or blame someone. I think it's dumb irresponsible masses of people that suppose to be running their country for the monst part and do not. Because they too dumb. that's their fault. It's theri fault because they choosing to be dumb.
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