Frankly, I have a “living experience” of a practically instantaneous collapse. January 1, 1992. Prices were “freed”, (hyper)inflation started, people life savings were burned to dust, monthly pensions - at once - begin to cover just about a week of food (and were not paid until 3 months later). Policemen’ salaries became meaningless and the police - in the whole country - started to look for additional ways to feed their families… It all happened pretty fast.

So “inflation” is a trigger word for me since. And you can imagine unease I am watching the US government printing shiploads of money with.