Our government has been printing out money like crazy. Several economics think there is hyperinflation right around the corner_ What do you guys think? And what have you done to protect yourself and your family in case of a such event?
Well my friend money is creating out of thin air on a daily basis. Maybe you should take a look at this link http://www.brillig.com/debt_clock/ and ask yourself why this number keeps going up.
Um. Of course money is printed daily--but money is also removed from circulation and destroyed daily. Do you have any evidence that there is a significant net increase?
Normally this "let's all panic" material tracks back to people in the business of selling over-priced precious metals to paranoid people. Okay, I just noticed your username. No surprise there, then.
Inflation is quite aggressively managed in the US. What is behind the debt is the obvious thing. The government spends more than it makes.
Let me correct you on something psycheskinner; inflation is not aggressively "managed" in the U.S._ It's aggressively manipulated in the U.S. two different things actually.
Whatever you want to call it. They are keeping it low.
And how long do you think they will keep that up psycheskinner because if you have leaned anything from history you know every single fiat currencies have a 100% failure rate?
You still haven't substantiated your initial claim that there is a significant increase in circulating currency.
If you want to go down another rabbit hole, how about resolving that one first?
If by failure you mean no longer in existence, that is true for every society because civilizations rise and fall. No society lasts forever. Are you trollin'?
by Rhonda D Johnson 4 months ago
What did the US use for collateral when we borrowed money from other countries?We know that the US government has borrowed billions of dollars from China, Japan and other countries. But what did we use for collateral? I've been told that the United States is actually a...
by Harvey Stelman 8 years ago
Our Politicians think they can. Tell me if you or the government can; and how?
by John 5 years ago
How do you think cutting the federal spending will help the economy?
by Tony Lawrence 7 years ago
Oh, cut, cut, cut - you know you love it.I just happened to come across an object lesson from the 70's:This is from http://www.northropgrumman.com/analysis … -Trans.pdf For example, in 1979 the program wasrestructured following funding cuts by the Officeof the Secretary of Defense (OSD)....
by Doug Hughes 7 years ago
Think about it. The National Debt as a percent of the GDP (Gross Domestic Product) under FDR went from 50% of GDP to 120% of GDP. Where did the money come from? We are currently financing the deficit by borrowing from China (mostly). The US didn't borrow the money it spent on WWII, unless you...
by Gary Anderson 9 years ago
Our meltdown can also be understood. This is must see. All hubbers need to take the time to watch this video:http://video.google.com/videoplay?docid … 0256183936
Copyright © 2018 HubPages Inc. and respective owners. Other product and company names shown may be trademarks of their respective owners. HubPages® is a registered Service Mark of HubPages, Inc. HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.
|HubPages Device ID||This is used to identify particular browsers or devices when the access the service, and is used for security reasons.|
|Login||This is necessary to sign in to the HubPages Service.|
|HubPages Traffic Pixel||This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.|
|Remarketing Pixels||We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.|
|Conversion Tracking Pixels||We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.|