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Joined Nov 11, 2007
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Wood. Different types of inflation. Weimar cannot be compared to USA today, no way. Hyperinflation is a loss of faith by the citizens in the currency, they reject the currency and reject paying their taxes, complet revolt,I don’t see that in the USA.
The inflation we have now is input costs and more of a problem for Asian countries and countries tied to their economies like Canada & Oz. For the USA this inflation is adding to the deflation problem, it is margin compression and consumer drag, it is the big risk now yes, but it is not inflation for the USA, we just had that with 14000 dow and sky high prices that was the inflation, the fight is still to stop the deflation from that event.