How close until the debt hyperinflates?
>>540390570two more weeks
Hard to predict because the US is in such a unique position as the global reserve currency / petrodollar, but AI flopping is a plausible catalyst
>>540390570A hyperinflation of the debt would follow from a demand for resources that do not exist. Inflationary spending can be argued to be a defrauding of the market to purchase resources that the government doesn't have the accrued taxes to afford. In this sense, we would get hyperinflation of the debt if the economy implodes but the spice must flow.That is unlikely to happen in America at the moment and, if anything, government spending is bearing the cost of capacity development.In the markets, hyperinflation is predicted to happen when foreign bonds begin flooding back into the nation, though nothing has been able to eject the dollar from currency baskets.The U.S. is also positioning itself for a post-central bank currency world in the way of some cryptocurrency holdings and legislation. The writing on the wall is that the currency will be inflated and discarded in favor of crypto and precious metals, but we will look back and recognize it occurred at some point and may even have an inflection point we can identify, but will be felt as a more general progression.Currency is simply the working fluid of the exchange of goods and services making up the economy. Fiscal and financial policy can have devastating impacts on the market, to be sure, but these usually mask an underlying weakness in the material exchange when it is a problem.The dollar as we know it will end. That is mathematically certain, but the replacement infrastructure is already well developed for the economy to step off onto, and it will probably hop back and forth for some time as the numbers favor.
>>540390570a few years ago
>>540390631fpbp
>>540390570According to that graph, sometime in the next presidency.
>>540390570If argentine experience is useful, the USD will keep going into higher and higher inflation, the financial economy does not produce goods and services so money is being printed without backing.It will start at 4% then raise steady, 5%, 6% 7% 8%... the magic number is 8% per year, when that happens the American goverment will start printing money to pay for subsidies in order to disguise real inflation numbers, subsidies will make public services affordable to the consumer as long as the goverment keeps paying the bills.Then through magical accountancy the reported interest rate will be 8% but the real inflation on the streets will be 24% 32% and rising.Then you will have the problem of interests rates, no matter how high the interest rate is more money will need to be printed in order to service debt interests.
>>540390570zoom zooms are already starting to notice daily 1.5 cent burrito price hikes.
>>540390570People on this board don’t know what that means anon you need to dumb it down
>lol
>>540390570Explained in previous posts. Not going to type it all out again. Search archive.4plebsU.S. Congress is responsible for and holds purse strings on fedgov spending, not the president.Fiscal (Congress) and monetary (treasury+central bank "moneyprinting") policies, have been in lockstep gigaballooning both deficits and debt for three decades. Fully half of $2 trillion annual U.S. federal spending, goes instantly <poof -gone> to Interest Payments (aka the credit card bill) on the debt. At current $2+T annual rates of spending the U.S. Treasury reaches total default in four years. Global debt market (entire world all 160 nations relies on the default reserve UST denomination) won't last nearly that long.If you're living under the delusion rock that this is only solely exclusively just about America, alone, going under you're pathetically clueless and mistaken.
