Keegan. Why can you imagine hyper-inflation of USD? Caveat: other than because it has happened in other countries. Has it ever happened to a currency considered the global reserve currency?
I don't need to imagine the USD hyper-inflating. It is happening right before our eyes. We're living through it right now. We've been living through it probably since the 1970's but definitely since 2008. You just need to to look at the price of assets to discover this. Assets like real estate are rising insanely fast because money (debt) is cheap. The value of these homes aren't increasing, the value of the money is going down.
Keegan. Why can you imagine hyper-inflation of USD? Caveat: other than because it has happened in other countries. Has it ever happened to a currency considered the global reserve currency?
I don't need to imagine the USD hyper-inflating. It is happening right before our eyes. We're living through it right now. We've been living through it probably since the 1970's but definitely since 2008. You just need to to look at the price of assets to discover this. Assets like real estate are rising insanely fast because money (debt) is cheap. The value of these homes aren't increasing, the value of the money is going down.
Yes hyperinflation to other reserve currencies has happened many times before - https://i.redd.it/2c1x3q1k1bfz.jpg