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> hyper inflation, with or without a loss of reserve currency status for the USD Honest question: Who do you hear suggesting hyper inflation is coming? I perso
by anm89 5y ago
> hyper inflation, with or without a loss of reserve currency status for the USD
Honest question: Who do you hear suggesting hyper inflation is coming? I personally cannot think of many people publicly making this claim
- 01100011 5y agoI watch a lot of "economic doom porn" on YouTube these days and see it fairly often. Usually it's coming from a gold bug or a crypto zealot. I'd say Ray Dalio and Peter Schiff are pretty negative on the USD, although neither one is an economist.
- anm89 5y agoHa fair enough. I occasionally watch some of that as well although I try not to. But yeah my impression is that almost all of the voices calling for hyper inflation are coming out of that sector. To be fair, I would say even Dalio would expect strong inflation but not hyperinflation from what I've heard from him.
- atq2119 5y agoI wouldn't call economic doom porn "very well reasoned". And conversely, if it's truly very well reasoned, I wouldn't call it porn.
- anm89 5y agoThey are one trick pony channels that create an echo chamber for their audience. However like many other terrible things with a following, there is a grain of truth that reels people in. I would argue there are a couple decent grains of truth in that mostly best to avoid category.