Comments by "Grim Affiliations" (@grimaffiliations3671) on "Lynette Zang: This Is Your Notice: Hyperinflation is Coming..." video.

  1.  @lcflooring3887  Have you ever wondered why Argentina fell into hyperinflation and Japan didn't, even tho japan spends much more?
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  2.  @JustPassingThrough2  dollars will remain strong and much needed
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  3.  @johna5484  groceries going higher is nothing like hyperinflation
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  4.  @bhargi4692  Plenty of people predict the market well. It's all about the inflows of cash. If the government runs a deficit, the market will do well. If it taxes more than it spends, the market will do bad
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  5. The debt clock is silly, it should be called the savings clock. Since the national debt is just represents the assets of the private sector
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  6. voted for what?
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  7. He doesn't understand the economy
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  8. Because neither these financial youtubers or congress understand how the economy works. You cannot "balance the budget" as long as the dollar is the reserve currency without causing a recession
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  9.  @kiltedsasquatch3693  I've been hearing hyperinflation is around the corner for decades. That's even more laughable
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  10.  @kiltedsasquatch3693  ?
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  11. No, the key difference is that Zimbabwe, like most countries on the planet, had a lot of debt in foreign currencies. Only countries that take up their debt in their own currency survive. This is why Japan has not seen anything close to hyperinflation despite spending far more than Zimbabwe or Argentina.
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  12. it won't come crashing down. That's a lie you've been sold
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  13.  @nafissadik2754  dollars will never be toilet paper because we need them for taxes
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  14. Peter schiff has been predicting hyperinflaiton for decades. He's a crank that doesn't get tired of being wrong
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  15. The term monetizing the debt has no basis in the modern economy. It's a zombie concept from the gold standard era. And no, deficit spending is not inherently inflationary. We didn't stop deficit spending throughout the 2010's and yet inflation was consistently below the fed target
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  16. you don't even need to be the reserve currency to avoid hyperinflation. Look at Japan
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  17. there wont be hyper inflation
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  18. don't
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  19.  @joannbrown2842  But the people he listed have been wrong for decades. They said hyperinflation would happen at specific times, and nothing did. No one should take them seriously
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  20.  @sammyyourmammy8170  Dollar will neve die.
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  21. Both dems and Republicans misunderstand the economy, but dem policies are significantly less harmful so i always pull the lever for the Dem
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  22. trump spent 7 trillion
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  23. Hyperinflation will never hit buddy
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  24. It's not really debt. It just represents the money floating around in the non government economy. It represents peoples savings. The US cannot default on it's own currency, "paying for" the debt is just an asset swap. When the government creates "debt" They just turn dollars into bonds, and when they pay for it, they just turn those bonds back into dollars. Both bonds and dollars are government instruments, and they have no problem converting them to one another. In 2021 alone, the government paid for 120 Trillion dollars worth of debt. That's trillion with a T, almost 4 times our entire national debt in one year. Easy peasy
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  25. cus you're economically illiterate
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