Re:2020 had some significant silver linings
by krupan on Friday December 25, 2020 @09:52AM
(#25536781)
You are absolutely correct. If demand for dollars drops someday the U.S. is in for a world of hurt. It would have to find some way to decrease the supply of dollars to match. Right now I believe that would have to be through increased taxation.
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Re:2020 had some significant silver linings
by mehrdadn on Friday December 25, 2020 @09:59AM
(#25536816)
I'm saying that on the current path the US is on, it's not "if" to me, but "when". Or to be more precise, "at what rate". And I see that rate as monotonically getting worse.
And either way, then doesn't "nobody in the field worries about hyperinflation for developed economies" seem utterly misguided? It seems quite worrying given what I just described.