Comments on: Is Hyperinflation Imminent for the U.S.? http://ultimatemoneyblog.com/is-hyperinflation-imminent-for-the-u-s Wed, 08 May 2013 13:26:47 -0700 hourly 1 http://wordpress.org/?v=3.0.1 By: Invest It Wisely http://ultimatemoneyblog.com/is-hyperinflation-imminent-for-the-u-s/comment-page-1#comment-96782 Invest It Wisely Wed, 29 Dec 2010 03:19:34 +0000 http://ultimatemoneyblog.com/?p=2410#comment-96782 More likely than hyperinflation is a simple breakdown in trade due to a collapse in the value in the U.S. dollar. The U.S. isn't totally bereft of resources, so coal, shale gas, etc... can all be used as substitutes, and the U.S. still has the most powerful military in the world. On top of that, the U.S. has plenty of unemployed people that wouldn't mind going back to work. I believe what is more likely is that internationally, the U.S. dollar will be worth significantly less, but this doesn't necessarily mean the end of times for the country itself; it does mean a rebalancing and a lowered standard of living, especially for those people used to a debt-driven lifestyle. More likely than hyperinflation is a simple breakdown in trade due to a collapse in the value in the U.S. dollar. The U.S. isn’t totally bereft of resources, so coal, shale gas, etc… can all be used as substitutes, and the U.S. still has the most powerful military in the world. On top of that, the U.S. has plenty of unemployed people that wouldn’t mind going back to work. I believe what is more likely is that internationally, the U.S. dollar will be worth significantly less, but this doesn’t necessarily mean the end of times for the country itself; it does mean a rebalancing and a lowered standard of living, especially for those people used to a debt-driven lifestyle.

]]> By: Mrs Money http://ultimatemoneyblog.com/is-hyperinflation-imminent-for-the-u-s/comment-page-1#comment-94527 Mrs Money Sat, 25 Dec 2010 20:52:29 +0000 http://ultimatemoneyblog.com/?p=2410#comment-94527 Funny- I hope that nothing bad happens. I was just presenting an interesting scenario. A scary one, but interesting. I think it's funny when I find the doomer blogs. Sometimes they are off the wall! ;) Funny- I hope that nothing bad happens. I was just presenting an interesting scenario. A scary one, but interesting. I think it’s funny when I find the doomer blogs. Sometimes they are off the wall! ;)

]]> By: Mrs Money http://ultimatemoneyblog.com/is-hyperinflation-imminent-for-the-u-s/comment-page-1#comment-94526 Mrs Money Sat, 25 Dec 2010 20:51:33 +0000 http://ultimatemoneyblog.com/?p=2410#comment-94526 Jessica- I hope that I am completely wrong too. I wouldn't read too much into it- not like we can really do anything about it... :) Jessica- I hope that I am completely wrong too. I wouldn’t read too much into it- not like we can really do anything about it… :)

]]> By: Mrs Money http://ultimatemoneyblog.com/is-hyperinflation-imminent-for-the-u-s/comment-page-1#comment-94525 Mrs Money Sat, 25 Dec 2010 20:50:57 +0000 http://ultimatemoneyblog.com/?p=2410#comment-94525 Interesting. How soon do you think there will be 5% inflation? Interesting. How soon do you think there will be 5% inflation?

]]> By: Funny about Money http://ultimatemoneyblog.com/is-hyperinflation-imminent-for-the-u-s/comment-page-1#comment-91666 Funny about Money Tue, 21 Dec 2010 17:55:37 +0000 http://ultimatemoneyblog.com/?p=2410#comment-91666 Holy mackerel. Don't be frightened by that kind of talk. It <i>isn't going to happen</i> here at this time. There are sound economic reasons to believe that hyperinflation in the US and Western European economies is as distant a possibility as a sudden explosion of the sun. It may happen someday...but if it does, it'll be in the very remote future, and by then we will have had lots more to worry about than that. These indeed are scary times. But the scariness has to do with persistent (and rising) unemployment, bad leadership from both political parties, a widening economic chasm between the rich and the no-longer-middle class, a poorly educated workforce and electorate, and a glut of increasingly devalued real estate. We've managed to get through similar things in the past, and we will get through them again. Holy mackerel. Don’t be frightened by that kind of talk. It isn’t going to happen here at this time. There are sound economic reasons to believe that hyperinflation in the US and Western European economies is as distant a possibility as a sudden explosion of the sun. It may happen someday…but if it does, it’ll be in the very remote future, and by then we will have had lots more to worry about than that.

These indeed are scary times. But the scariness has to do with persistent (and rising) unemployment, bad leadership from both political parties, a widening economic chasm between the rich and the no-longer-middle class, a poorly educated workforce and electorate, and a glut of increasingly devalued real estate. We’ve managed to get through similar things in the past, and we will get through them again.

]]> By: Jessica07 http://ultimatemoneyblog.com/is-hyperinflation-imminent-for-the-u-s/comment-page-1#comment-91652 Jessica07 Tue, 21 Dec 2010 16:45:38 +0000 http://ultimatemoneyblog.com/?p=2410#comment-91652 Whoa. We'll that was a reality check. Your logic was fearfully persuasive. I hope you're wrong, but wow. Whoa. We’ll that was a reality check. Your logic was fearfully persuasive. I hope you’re wrong, but wow.

]]> By: Financial Samurai http://ultimatemoneyblog.com/is-hyperinflation-imminent-for-the-u-s/comment-page-1#comment-91145 Financial Samurai Mon, 20 Dec 2010 15:39:56 +0000 http://ultimatemoneyblog.com/?p=2410#comment-91145 There won't be hyperinflation... maybe 5% inflaiton in the future... but we NEED it! Buy real assets ie property! There won’t be hyperinflation… maybe 5% inflaiton in the future… but we NEED it!

Buy real assets ie property!

]]>