3 ms·
Everyone could be a “trillionaire”, if debasement of currencies continues at its present rate of acceleration. Real inflation (debasement) has increased from ~
by pjkundert 3y ago
Everyone could be a “trillionaire”, if debasement of currencies continues at its present rate of acceleration.
Real inflation (debasement) has increased from ~2%/y to ~10%/y in the last decade, in an exponentially increasing fashion.
So, as “looting the treasury” accelerates, the trend toward 100%+/y inflation seems likely, and then hyperinflation seems inevitable.
Trillion dollar bills are the outcome.