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To: be-baw
...it will be a long before the increase gets that high.

Keep telling yourself that. Take a look at Weimar Germany inflation. Note that the Y Axis is a LOGARITHMIC scale, not a linear scale. Look closely at the time required for each 10X jump in inflation. When you see an exponential curve on a log scale, you know you are in bad territory.

It is very easy for government to lose complete control of this situation. They have created close to TEN TRILLION out of thin air.


49 posted on 05/06/2021 4:14:56 PM PDT by ProtectOurFreedom (“No man’s life, liberty or property are safe while the Legislature is in session" - Gideon J. Tucker)
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To: ProtectOurFreedom

I don’t disagree that the US has created what may be a national debt that will kill us eventually, but not until and unless some other currency overtakes the dollar in the world market.

Regarding your chart, it is missing demarcations on the y-axis, so I can’t see how it’s useful.


51 posted on 05/06/2021 4:25:38 PM PDT by be-baw
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To: ProtectOurFreedom

After reading a story about inflation in Zimbabwe years ago where the last thing you wanted was cash, as it was losing value as you held it in your hand. People would spend huge amounts of time converting cash into something that would retain value. The beginnings of that are happening here now.

If you have cash to spare, put it into things that will be valuable going forward.


79 posted on 05/06/2021 5:45:34 PM PDT by phormer phrog phlyer
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