Author Topic: Hyperinflation  (Read 174 times)

unix

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« Reply #30 on: October 12, 2009, 01:05:44 am »
every regime that practiced hyperinflation has ultimately collapsed.

examples - the Weimar republic, Yugoslavia  in 90's, Zimbabwe is in chaos, Russia at least 3 times in the 20th century (1917 when the tsar gov collapsed, then 1991 when commie gov collapsed and mid 90's when Yeltsin regime collapsed and the clock reset back to autocracy with Putin)
I think France was another fine example.

Not looking good at all.

unix

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Will the debt ever be repaid?
« Reply #31 on: December 30, 2009, 07:54:56 am »
What were the causes of the 1923 German hyperinflation? Too much debt and inability / unwillingness to pay it? Getting out of it with the printing press?

These are disturbing parallels.   I wonder if hyperinflation is the only logical outcome, inevitable even.  This thing can only grow for so long.

usdebtclock.org


Aussie

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The one thing that makes US foreign debt invulnerable....
« Reply #32 on: December 30, 2009, 10:37:54 pm »
....is that it's paid in US dollars.  If someone else has a debt in US dollars, they have to scrape together the greenbacks to pay it from their foreign reserves.  But all the US has to do is crank up the printing press.  But woe betide the US foreign debt if it every gets figured in a non-US$ manner.


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