4 ms·
This is entirely incorrect The ultra-rich will have a variable level of "decreased performance in their portfolio". They're still rich, especially if not over-
by bkruse 7y ago
This is entirely incorrect
The ultra-rich will have a variable level of "decreased performance in their portfolio". They're still rich, especially if not over-levered. They are also well positioned to take advantage of any hyper-inflation event.
The average american, with the loss of their primary income and no real UBI is going to feel it the most.
- vkou 7y agoFor the USD to hyperinflate, we would have to print quadrillions and quintillions of dollars. Hyperinflation is about as real a threat as Bigfoot, or little green men from mars.