3 ms·
That’s idealistic. Do you think people will just tolerate hyperinflation that would cause and sit quietly in line while waiting for overpriced food staples? Ri
by thephyber 5y ago
That’s idealistic.
Do you think people will just tolerate hyperinflation that would cause and sit quietly in line while waiting for overpriced food staples? Riots. Public disorder. Maybe even rebellion against the government.
Governments get involved because the individuals in that government fear what happens when we reach the tipping point where basic society breaks down.
I think we forget that 95% of all goods (or their inputs) are shipped and over 20% of GDP directly relies on shipping. That’s a massive gamble that the same people involved in the supply chain that is suffering from massive entropy can magically reduce that entropy after it snowballs.