General statistics
List of Youtube channels
Youtube commenter search
Distinguished comments
About
Joseph Jones
Peter Schiff
comments
Comments by "Joseph Jones" (@drip369) on "The US Dollar Will Join the Zimbabwe Dollar in the Graveyard of Dead Fiat Currencies" video.
Tons of people still don't believe in a hyperinflation but let's give out some real numbers and see what we can conclude here. They say one out of every 3 dollars printed remain here in the United States, and the other two go overseas, yet the banks inflate the currency much higher in much faster than the Federal Reserve since 92-96% of all circulating dollars within the United States exists ONLY ON A COMPUTER SCREEN. Just imagine if the United States lost the reserve currency status and those paper dollars flooded back here, especially the digital ones foreign banks have created also on a computer screen, it would be a hell of a lot worse than a hyperinflation because it's more than double coming in versus what happens in a hyperinflation, the doubling of prices (100% increase), yet in this case it would be the tripling (200% increase) if not quadrupling (300% increase), or worse
2