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by autokad 2163 days ago
I generally dont worry about inflation, I roll my eyes when certain financial people talk about the inflation boogieman that hasnt existed for 40 years.

however, we are in a unique situation that has the potential for causing hyper inflation. I say potential because I still think it's not a likely outcome. We are paying people not to work, but eventually someone has to produce something. We ALL can't wfh or be unemployed and collect checks as if we were employed and expect our Amazon deliveries and canned food to arrive; someone has to make and deliver it.

Eventually all the extra money laying around today will chase yesterday's production. I think this is why we often see hyper inflation scenarios stem from low inflation environments. it sounds counter intuitive at first.

This is why we have to be extremely careful when we try to pick and choose what is essential or not. Now we got situations were food is rotting on the vines and milk being dumped down the drain. I dont think we will enter hyper inflation, but we have to be careful about it.

1 comments

I only glanced through the wikipedia, and it doesn't seem at all like hyper inflation stems form low inflation environments.

https://en.wikipedia.org/wiki/Hyperinflation#Notable_hyperin...