U.S. Lacks The Fiscal Means And Political Will To Stop Hyperinflation

[debtmanagementy]

informative file  !!

[the1337k1ng]

'William Wh whwh hh wht join us ...'. Lol. +1 for the dutch economist. But before nations can 'drop' their liquidity, inflation would already have harmed the economy. Economists should loose their faith in countercyclical policy. It never worked and will never work.

[largo2001]

Another thing the participants are wrong on one critical point: Inflation is NOT majorly related to excess production capacity and/of cost of labor.

Any person in Zimbabwe - where unemployment is 80%+ - can confirm that.

Case in point: If I print 100 Trillion per month even with excess capacity and unemployment at 80%, inflation will result.

[hyperstagflation]

As the great Milton Friedman once said:

"Inflation is always and everywhere a monetary phenomenon."

[largo2001]

BIG difference between Japan vs. America: One was the largest creditor nation and one is the largest debtor, hence the experience will be much more different.

Also, one has to think about the amount of USD held by Central Banks and other parties due to the "reserve currency" status of the USD. (Hint: Think what will happen if the USD stops being the sole reserve currency).

Great clip once again hyperstagflation. Thank you.

Let see if I can manage to get this one front page of iTulip.

[hyperstagflation]

You're welcome, largo2001!

Your point about Japan vs. America. That was my exact thought when I first watched the video. Completely agree with you.