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Interesting - I found this quantitative historical study [0] showing that while a civil war does significantly increase the likelihood of inflation, only 36% of
by falcor84 10mo ago
Interesting - I found this quantitative historical study [0] showing that while a civil war does significantly increase the likelihood of inflation, only 36% of countries analyzed which had a civil war between 1975-1999 ended up in an inflationary crisis. And with the USD having such a strong foundation, I would expect the risk to be significantly lower.
[0] https://kjis.org/journal/view.html?uid=302&vmd=Full https://kjis.org/journal/view.html?uid=302&vmd=Full
- spotplay 10mo agoI am speculating wildly but I would expect the exact opposite due to different actors trying to destabilize the US to the point of no recovery in such an event.
- falcor84 10mo ago> to the point of no recovery Interesting, are you saying that the intentional use of USD somehow makes the US more vulnerable? What failure mode are you thinking of?