The hyperinflation meme is rising on the Media-Attention-Meter. A lot of commenters treat hyperinflation as an event horizon, beyond which no information is available. That's not exactly true.
There is a pattern to hyperinflation, and while it can be really nasty, it is not the end of the world.
It could, however, be the end of your retirement account, assuming it consists of treasuries, mortgage-backed securities, derivatives, or other abstract financial instruments that are not based on anything real. U.S. Dollars fall squarely under that category.
And I've been meaning to post something at least a little positive for once: On the plus side, if you can maintain income increases through the hyperinflation phase, you could possibly pay off your debts really quickly. Good for you, bad for banks and credit card companies.
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Why hasn't Polywell Fusion been funded by the Obama administration?
IEC Fusion Technology (Polywell Fusion) Explained
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2 comments:
Just saw the Polywell stuff.
I'm honored!
And keep up the good work!
We are going to need some tremendous productivity improvements to get out of this hole.
Thank you sir, and likewise.
As you well know, economies run on energy. Pump more energy into the economy by making lots of it and making it cheap, and the economy will grow.
Let's hope the Polywell, or something like it, works.
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