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**siklop** · 05-05-2012, 01:08 AM

Carl, hyperinflation is just as much a psychological event as a monetary one. If the US Dollar is discarded as the world's reserve currency and all the holders of dollars around the world cash them in for different currencies, that would cause the value of the dollar to collapse, prices to dramatically rise, and the spark of hyperinflation just might ignite.

Name One Digital Currency That Has Ever Gone Into Hyperinflation.

There might be hyperinflation at the very top of the economic food chain, for a few hours anyway, until it all collapses into a heap of un-payable debt.

Didn't you learn anything from Iceland?

05-05-2012, 01:08 AM	#28
siklop Join Date Oct 2005 Posts 432 Senior Member	Carl, hyperinflation is just as much a psychological event as a monetary one. If the US Dollar is discarded as the world's reserve currency and all the holders of dollars around the world cash them in for different currencies, that would cause the value of the dollar to collapse, prices to dramatically rise, and the spark of hyperinflation just might ignite. Name One Digital Currency That Has Ever Gone Into Hyperinflation. There might be hyperinflation at the very top of the economic food chain, for a few hours anyway, until it all collapses into a heap of un-payable debt. Didn't you learn anything from Iceland?
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