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> A good way to know you’re living through high inflation is when you’re discouraged from talking about it. Why? It's becoming fashionable to use statements l
by mohanmcgeek 5y ago
> A good way to know you’re living through high inflation is when you’re discouraged from talking about it.
Why?
It's becoming fashionable to use statements like this for everything.
The reality is that all these pro-Bitcoin people are sitting on a large pile of nothingness and they _need_ a hyperflation to justify what they already did.
Also, talking about inflation doesn't actually cause a market wide inflation. We didn't have a toilet paper inflation last year.
Hyperflation can happen only when the current account deficit as a percentage of GDP is huge and you have no way of producing those imports yourself.