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When Inflation reaches a certain level and makes the US Dollar worth less than pennies. We have had hyperinflation already, and the US Dollar doesn't buy as muc
by orionblastar 3mo ago
When Inflation reaches a certain level and makes the US Dollar worth less than pennies. We have had hyperinflation already, and the US Dollar doesn't buy as much as it once did. I figure around 2030, when the Shit Hits the fan and the US National Debt is beyond paying off without printing up a large amount of money. We might go to the Digital Dollar before that.
https://en.wikipedia.org/wiki/Great_Reset https://en.wikipedia.org/wiki/Great_Reset The WEF has The Great Reset to pay off debt from COVID-19, and it might turn nations into socialist nations with universal basic income for those who lost their jobs and can't find work due to factors like AI, etc.
- AnimalMuppet 3mo agoWe have had hyperinflation already? When??? If you mean the year of 3% inflation with a brief surge up to 8% that we just had, no, that's not hyperinflation.
- inigyou 3mo agoNot exactly hyper, but it peaked at 15% p.a. in the 1980s
- AnimalMuppet 3mo agoYeah. Still not hyperinflation, but a lot closer than anything we've seen since.