I’d be a bit careful with the hyperinflation predictions given the continued glut in housing and continued increase of supply. Hyperinflation is a long way off. Right now we are seeing what we did in 2007-2008, (food and energy). without the jobs.
I hope these articles are over blown but when they run the numbers they seem to make sense. I just hope they’re wrong.
Poor comparison, IMO. The foundations of the economy are markedly different than 3-4 years ago. The gargantuan debt, primarily financed by printed money, not even real money that was borrowed. And in the context of no chance that will change.
Add to that a significant drop in domestic energy production, as well as serious efforts by DC to kill future production.
Finally, don't forget ObamaCare is already crapping up the economy, and will continue to do so regardless of any court rulings.
No, the fundamentals are much worse now than in 07-08.
Deflation is deflation and currency collapse is currency collapse. The two are not the same.