- Joined
- Jun 16, 2012
- Messages
- 13,531
- Reaction score
- 9,820
- Points
- 113
Think global markets. Obviously the USA is important but I was meaning globally.I agree that the US is making horrible decisions on a federal and state level that could cause inflation and if we continue to do this we could be in a bad place.
Having said that, this years predicted inflation is 3.5-5.5%.
Not great but not bad. Hyperinflation is generally considered 50% or greater. I don't think we are going there, at least not yet.
Hyperinflation for example is what you see in Venezuela and Iran where they saw as much as 1,400% annual inflation.
I would no longer trust predictions here unless you know for sure they have correct data. We are not being told the entire story probably to blunt panic trading.
I'm guessing most Countries will see massive economic problems soon and that will cause the elites to funnel us into their new system.