Most say maybe shortterm, but longterm most see Hyperinflation. If you have a persuasive argument, please help, because I know many who are trying to decide what to do, because It’s heads/tails anyway, IMHO, but I’d like to know as much as possible.
The first thing to remember is that hyperinflation is not “horrible inflation.” It is only inflation at a slightly higher percentage.
The key difference between inflation and hyperinflation is that the latter begins destroying the currency. If you wait to that point, everyone will know, and it will be too late to dump dollars for something of value.
I’ve been predicting a double-edged sword that cuts with both swings: deflation of non-essentials combined with inflation of the essentials. Much “wealth” today is in the non-essentials. People are counting on that wealth to maintain their standard-of-living and others as part of their retirement.
Real-estate, with the coming collapse of both residential and commercial, will become an odd beast that is part essential and part non-essential. Anyone who invested in real-estate will be likely to take a haircut, if they are able to sell at all. The mortgage system as we have known it is doomed until the busy-bodies in government stop interfering in the business cycle and allow the bad debt and credit to liquidate.
Just my .02c (.00018 adjusted for coming inflation).
We’re in the mist of a deflationary inflation period now with the prospect of seeing hyperinflation for many necessities of life very soon.
I agree with Mr. Williams’s statement to batten down the hatches. One should diversify and I believe his advice on precautions in this article are sound.
That's not going to happen. If it did, then we would still not have hyperinflation - but prices would increase by a factor of two or three...MAJOR inflation, but not hyperinflation.
The inflation is a certainty.
Hyper? probably not. The rate will managed for as long as possible to < 10%.
A rising tide raises all boats and saves the bacon of debtors who worry about prices but get raises and get by.
Governors have used inflation as a tool since the beginning