Will the US Dollar Hyperinflate? - 35% of all US Dollar have been created in 2020, will this lead to hyperinflation?

[Gapernaper Rifle]

Tim Pool posted a video today where the possibility of the US dollar hyper-inflating is discussed.

THIRTY FIVE PERCENT of ALL Us Dollars Were Printed In The Last Ten Months, Here Comes Hyperinflation

 

[A Cardboard Box]

No

 

[Pissmaster]

They're constantly in the process of printing new bills due to the fragility of the actual paper. Ever noticed how when new bill styles are introduced, the old ones go away quickly? When was the last time you got one of these as change? (as opposed to the newer pink ones)

I wouldn't be surprised if 35% of all paper money was printed in the last year, every year

 

[Seventh Star]

A hyper inflating dollar? The dobsllar?

Alas, no, it won't happen. A lot of other currencies might, though.

 

[fke666]

psssh, I only use TF2 keys

 

[Aum]

It's been hyperinflating for 100 years

 

[Arm Pit Cream]

It's very cool you linked to a tim pool video as your source, bro.

 

[Samson Pumpkin Jr.]

people have been predicting economic collapse for a million years. Give it a break; it'll never happen

 

[Aum]

people have been predicting economic collapse for a million years. Give it a break; it'll never happen

it did

 

[Gig Bucking Fun]

Yeah, and Florida will be underwater by the year 2010. Oh, wait.

 

[Samson Pumpkin Jr.]

it did

when? What evidence do you have?

 

[Aum]

when? What evidence do you have?

What is it with you people and evidence? Do you need a 500 page research paper to prove the obvious?
Just look around you. How can you miss it?

 

[Samson Pumpkin Jr.]

What is it with you people and evidence? Do you need a 500 page research paper to prove the obvious?
Just look around you. How can you miss it?

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Wyświetl załącznik 1796665

Yeah, now that you show me these two pictures I am now convinced that we're living in a depression!
Come on man, give me a break. Everyone has a car, a smart phone, and a crippling amount of debt. At least give me a questionable statistic, like, I heard that in 3 weeks most Americans won't have enough money to buy sufficient food for their regular diet.

 

[Aum]

Yeah, now that you show me these two pictures I am now convinced that we're living in a depression!
Come on man, give me a break. Everyone has a car, a smart phone, and a crippling amount of debt. At least give me a questionable statistic, like, I heard that in 3 weeks most Americans won't have enough money to buy sufficient food for their regular diet.

If I do not give you a statistic you are incapable of hearing anything I say, no matter how obviously true.
How did you people get like this?

 

[Thumb Butler]

No, it will never happen.

Why are you watching that moron anyway?

 

[Meat Pickle]

Imagine unironically listening to Tim Pool.

 

[The Real SVP]

Probably not. At least not in a way that matters. I expect it to be silently replaced and deprecated by a bunch of new currencies and payment methods. You won't care by the time the Dollar crashes, because all your money will be in Paypall Bucks, or facebook coins, or Mastercard Dollars. And international trade will be conducted in Electronic Euros, or virtual gold certificates.

 

[Gig Bucking Fun]

What is it with you people and evidence? Do you need a 500 page research paper to prove the obvious?
Just look around you. How can you miss it?

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Wyświetl załącznik 1796665

I could show you pics of South Florida when it was a shithole in the 50’s and from now where it’s one of the most expensive places to live in America and call it proof we’re doing better economically now than back then, or pics of neighborhoods that used to be ghetto as fuck and are now supremely expensive hipster hangouts.

Ever heard of Soho? Bedstuy? Wynwood? These were all basically homeless hotspots in the 50’s. Nowadays, you’d be lucky to find a studio apartment in any of these neighborhoods for $1500 a month.

People love to hold this image of America 70 years ago as peak economy, but the truth is most Americans were even more in debt than they are now. Financial literacy was much harder to come by back then.

 

[DuckSucker]

They're constantly in the process of printing new bills due to the fragility of the actual paper. Ever noticed how when new bill styles are introduced, the old ones go away quickly? When was the last time you got one of these as change? (as opposed to the newer pink ones)

Wyświetl załącznik 1796649

I wouldn't be surprised if 35% of all paper money was printed in the last year, every year

I think it depends on where you are. Because so many people dont use cash (there are places that dont even accept cash, like food trucks primarily, and certain things like venues at festivals or whatever) that they just have old bills sitting around. I switched to using cash for a week or so because my card expired and the new one got lost in the mail so I had to ask for another to be sent--and Ive only ever gotten cash back in old bills. Hell I had to withdraw more cash from the bank and I only got old bills because I wasnt asking for it in hundos.

Im wondering if there will be another real estate bubble, though, a lot of people are investing in land again because its seen as a guaranteed investment that will always hold value--but people are just doing it outside of California since California is a has-been kinda, its way too overvalued and people cant afford it. It seems like there's a lot of speculation, at least in Texas, although I dont think its going to do anything because people arent getting mortgages for it as easily.

Maybe not a real estate bubble, but a rental bubble that bursts. A lot of the people doing it are buying it, not to flip houses anymore, but to hold them for rental property or making them an AirBNB or some shit.

 

[Homegrown Homophobia]

I could show you pics of South Florida when it was a shithole in the 50’s and from now where it’s one of the most expensive places to live in America and call it proof we’re doing better economically now than back then, or pics of neighborhoods that used to be ghetto as fuck and are now supremely expensive hipster hangouts.

Ever heard of Soho? Bedstuy? Wynwood? These were all basically homeless hotspots in the 50’s. Nowadays, you’d be lucky to find a studio apartment in any of these neighborhoods for $1500 a month.

People love to hold this image of America 70 years ago as peak economy, but the truth is most Americans were even more in debt than they are now. Financial literacy was much harder to come by back then.

Funnily enough I came across on Youtube a 1950's Warner Brothers produced educational film for the Air Force about the importance of saving for your retirement in a retirement account and how even in the 50's they were trying to hammer it into people's heads that just solely relying on social security just isn't enough.

Even 70 years ago people were wise to government run ponzi schemes just aren't going to cut it.