Hacker News new | past | comments | ask | show | jobs | submit login

You risk hyperinflation if new debt is covered by extreme price inflation. Which is what we still have. Demand or supply does not matter, stock prices do not matter, M2 money supply does not matter, they are all signals but the core is that cpi inflation must reach 2-3% before even considering reducing interest rate.



There is huge demand for more of everything. There are productive people eager to innovate and build. We just lack the easy movement of currency to facilitate moving more commodities and establishing more services.

We need to be building more skyscrapers, giant cities with advanced transportation. And preparing to settle the Moon, Mars, checking out Venus and Europa along the way to Pluto to verify if it is or isn't a planet.

These activities will produce many quality jobs and intelligent people for a strong reproductive base moving forward into the next 50 years.

There is no chance of hyperinflation even if they pump $50 trillion into economic activity, gradually over the next 10 years. Everything would compound from a productivity and efficiency point of view so much that it would just pay for itself.

As long as it actually goes to building better bridges and better roads and a modern electrical grid that is EMP-proof and completely clean and renewable and self-healing and advanced in every way. And space projects. You only risk hyperinflation if you're issuing debt that never does anything productive and thus your dollars lose their value reputation and it takes more for someone to part with a physical good or time locally or internationally.

American dollars aren't going anywhere because we're going to lead the next wave of tech innovation yet again, with a strong reproductive base compared with the competition. Plus we're already the leaders in space. Europe isn't going anywhere. Glad that our buddy Macron finally seems to have gotten through to our buddy Xi a little bit, maybe he'll finally make an actual honest effort to tell his buddy Putin to sit down and relax a little bit in earnest so that their currencies continue to be relevant, because at the rate we're going it's American tech innovation that's going to make the markets productive again to the order of an order of magnitude in new needed currency flooding the world's coffers in all denominations. Currency primarily backed by America yet again, and that's exactly how it should be considering the rate at which our competition seems to be pursuing nonsensical violence and wanton war instead of more innovation in renewables and space exploration and more.

It's not hyperinflation - it's gonna be hyper-financial-domination that's about to happen because everyone is going to want American dollars and American property and American business. With all the instability that war talk brings, nobody in China or Russia will want to reproduce at this rate. Even their existing reproductive base will shrink while the United States and Europe and Australia and India and Vietnam and Singapore and Taiwan and Japan and the Philippines absorb Brain Drain to scoop up the talented people who can leave. Our reproductive base can be recovered still, whereas the competition will have a much harder time.

American dollars are not at risk of hyperinflation. Neither are Euros. They should aggressively invest in infrastructure projects and anything else they need now because their currencies are going to become even more sought after. More dollars and more Euro right now would be a colossal tide lifting all the other boats at the expense of the competition that is losing its currency stability and reproductive base stability the longer it tries to saber rattle over stupid human ideas instead of pursuing higher order thinking objectives.


Such broad view of microeconomic.

Even the eagles must land to see what is going on.


Sorry man, disagree with you pretty heavily

> There is no chance of hyperinflation even if they pump $50 trillion into economic activity

Good lord. Buy Bitcoin guys, this is what some people really think..


If the american economy is so great, then how do you explain the inflation we see right now? Its the highest since 1970 I believe.

Edit, 1976


Global pandemic, and then supply chains strained beyond capacity afterwards because of unprecedented demand.

The inflation given that context is not that bad all things considered.


All of these are self owns by bad govt management. We don't need people managing all of this, they can't possibly have enough information to do well. Markets do much better...




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: