In this post, Gonzalo Lira explains how hyperinflation will happen. "One day -- when nothing much is going on in the markets, but general nervousness is running like a low-grade fever (as has been the case for a while now) -- there will be a commodities burp: a slight but sudden rise in the price of a necessary commodity, such as oil," he points out.
Gonzalo proceeds to describe the disturbing future that awaits the general public -- one of misery, starvation, of extreme poverty.
Yet, he remains optimistic, because hyperinflation will eventually end: "America won't end up like in some post'Apocalyptic, Mad Max: Beyond Thuderdome industrial wasteland/playground. Admittedly, that would be cool, but it's not gonna happen -- that's just survivalist daydreams". Not only, a hyperinflationist catastrophe might in the long run be better for the health of the U.S. economy and the morale of the American people, as opposed to a long drawn-out stagnation.
With secret talks by government officials taking place over critical future energy supplies, could we be at the breaking point?
|Resurrecting the Dead Sea (RT @diychick)|
|“There are things to be both afraid of and excited of in the future.”|
|"We figured out how to support weight without any power."|
|"Futurology is almost always wrong."|
|Google Files Patent for Future Password Replacement: Recognition with Funny Faces|
|"Automation will disrupt millions of Canadian jobs, not far in the future, but in the next dozen years."|
|"What if plant cells could be grown for food by regular people."|
|“Facebook is a declining power.”|
|The 24 Carrot Cake|
|Japanese Robot Serves Ice Cream From Inside a Vending Machine|
|“We are considering public transport free of charge in order to reduce the number of private cars.”|
|CaptchaTweet: Write Tweets in Captcha Form|
|How to Avoid Jury Duty|
|Fake Name Generator|
|The (Very Scary) People of Public Transit|
|“What happens when anyone can make it appear as if anything has happened, regardless of whether or not it did?"|
|“Can a platform be 'cool' if your aunt, grandfather, and third grade teacher all use it?”|