I hope these articles are over blown but when they run the numbers they seem to make sense. I just hope they’re wrong.
“I hope these articles are over blown but when they run the numbers they seem to make sense. I just hope they’re wrong.”
The people saying that we’re in deflation, I guess, don’t bother checking the price of gold or the price of gasoline.
For those of us who do, we know FULL WELL that the dollar is not buying anything near what it bought only a couple of years ago.
So, do we get “hyperinflation”...probably not in the sense of Zimbabwe...but will we get HUGE inflation, as in a tripling of prices (without wages climbing) - hell, yea, and like you say, it’s the only outcome possible after you run the numbers and find out that most of the geezers even here are not willing to give up a dime of the precious Social Security checks, even if it leaves us as a Third World country.