Twitter founder warns 'hyperinflation' will strike in America soon

[22lcidw]

You're referring to 3 YEARS of double digit inflation?

Yea..THAT is inflation.

3 months of 5% ain't

The problem is to restrain it and bring back real growth. An artificially low prime rate with massive deficits is not good. And we have been doing that for a long time. Taxes will be going up also at the state, local and federal levels in all ways. Serious belt tightening may help. But that will affect the economy also until we right ourselves.

 

[Fort Fun Indiana]

The problem is to restrain it and bring back real growth. An artificially low prime rate with massive deficits is not good. And we have been doing that for a long time. Taxes will be going up also at the state, local and federal levels in all ways. Serious belt tightening may help. But that will affect the economy also until we right ourselves.

As they should. When things are going well, we need to raise taxes and rates. We should learn a lesson from being too slow to do both, during the last recovery.

 

[pknopp]

Correct! A rational human should always look out for their self interest. We count on it, when making policy.

That is what has created the divide the country is in now. Me, me, me.

 

[Fort Fun Indiana]

That is what has created the divide the country is in now. Me, me, me.

Humans will always look out for #1 and always have. This isn't new.

 

[pknopp]

Humans will always look out for #1 and always have. This isn't new.

"Truly I tell you, whatever you did for one of the least of these brothers and sisters of mine, you did for me"

Matthew 25:40

 

[airplanemechanic]

Blah blah blah. We heard the same crap how GM couldn't file for bankruptcy as it would cause a mass.collapse. GM filed and nothing happened.

All the same if it did that's Capitalism right?

Because we pumped a bunch of taxpayer dollars into a private company to keep it afloat. THAT'S why there was no collapse.

Oh god, anyone remember the "cash for clunkers" disaster under Obama? God I forgot how stupid that mother fucker was. What a waste of taxpayer money.

 

[pknopp]

Because we pumped a bunch of taxpayer dollars into a private company to keep it afloat. THAT'S why there was no collapse.

Socialism. Don't we just love Socialism as a country?

 

[Esdraelon]

So some computer programmer who knows about as much as I do about the economy thinks the Apocalypse is coming?

OK.

Yeah... I'm sure you're right. Nothing to see here.

 

[Doc7505]

That is what has created the divide the country is in now. Me, me, me.

You mean to say that there's too much free stuff.

 

[Turtlesoup]

You can't pump trillions for years and expect anything else.

There is a partial solution. Raise rates. Think it will happen?

Not before the election...and certainly not till Trump is in so the communist libs can try to blame him.

 

[pknopp]

Not before the election...and certainly not till Trump is in so the communist libs can try to blame him.

We didn't when he was in charge before.