Re:The QT Timebomb
by astrange on Thursday January 20, 2022 @01:07AM
(#30005359)
Hyperinflation happens when you print USD to pay non-USD-denominated debt, because you'd have to print an infinite amount. The interest rate describes how much you have to print to pay USD debt, and it's consistently not been much (or even a negative amount) for decades.
> That in turn often leads to a change of the form of government - usually not for the better.
If this is a veiled reference to Nazi Germany, that was not Weimar inflation, it was caused by deflation later. Why hard money people are terrified of hyperinflation instead of deflation, when that's worse, I don't know.
An example of a country that does everything wrong economically and has constant inflation is Argentina, but oddly it's still there and nobody seems to be overthrowing it.
Re:The QT Timebomb
by astrange on Friday January 21, 2022 @12:02AM
(#30019375)
It's not the only way to get there, but it is the fastest way, and an important difference between large and small countries is the US doesn't have this problem.
> That in turn often leads to a change of the form of government - usually not for the better.
If this is a veiled reference to Nazi Germany, that was not Weimar inflation, it was caused by deflation later. Why hard money people are terrified of hyperinflation instead of deflation, when that's worse, I don't know.
An example of a country that does everything wrong economically and has constant inflation is Argentina, but oddly it's still there and nobody seems to be overthrowing it.