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You are absolutely correct. If demand for dollars drops someday the U.S. is in for a world of hurt. It would have to find some way to decrease the supply of d
by krupan 6y ago
You are absolutely correct. If demand for dollars drops someday the U.S. is in for a world of hurt. It would have to find some way to decrease the supply of dollars to match. Right now I believe that would have to be through increased taxation.
- mehrdadn 6y agoI'm saying that on the current path the US is on, it's not "if" to me, but "when". Or to be more precise, "at what rate". And I see that rate as monotonically getting worse. And either way, then doesn't "nobody in the field worries about hyperinflation for developed economies" seem utterly misguided? It seems quite worrying given what I just described.
- krupan 6y agoSo, buy bitcoin!