How Hyperinflation Will Happen

#Future

Tue, Aug 24th, 2010 19:00 by capnasty NEWS

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?

  1461

 

You may also be interested in:

A Day Made of Glass: Corning's Vision of the Future
Amazon, a Symbol of the Macro Economy "as we transition from a pre-Internet world to whatever comes next."
Biowearables
Embracing Computer Errors to Boost Their Power
Stanford University's High-Speed Self-Driving Audi TT