Comments by "David Himmelsbach" (@davidhimmelsbach557) on "Why Haven’t We Seen Hyperinflation?" video.

  1. Without success. The US is exporting LIQUIDITY. Inflation is going virtually no-where because the Red Chinese are providing industrial inputs to the entire. planet at unchanged prices. Red China's dollar thirst is where the insane US dollar printing is going. In ordinary circumstances, Red China would be defaulting on a staggering scale, her dollar denominated debts are that VAST. Beijing is out-printing the US Federal Reserve by MANY multiples... but their money is not traveling overseas. All of the above is baffling to Tran, and others.
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  2. The money is tied up on Wall Street -- not buying physical stuff. As for your tale of German hyperinflation -- you didn't even make it up to wrong. Only ONE nation was trading gold to Germany in sufficient amounts to make France and Britain happy: America. The USA was on the gold standard and was the only nation that would accept German manufactures without brutal tariffs. France only wanted gold - not manufactures that would compete with their own stuff. In WWI, Germany had razed most of France's traditional industrial zone... up near Belgium. Paris was thirsting for gold to provide banking liquidity such that her industries could be rebuilt. Her abysmal policy suite was instrumental for American post-war (WWII) policies -- that usually ran entirely the other way. Germany's big industry at that time was industrial and drug chemicals. Asprin was a Bayer invention -- and the name had been patented. These exports, plus seriously huge borrowing, were how Berlin came up with the gold to satisfy Paris. Remember, US dollars WERE gold to the French. Naturally, the French did not repay THEIR gold debts to the USA -- even though the bars had American markings more often than not. At the time, the USA was the only trading partner that did not have a huge colonial trading bloc and a monumental trade wall of tariffs. ( When this changed the Great Depression was launched.) America was NOT cramming purchase prices down German throats. (That came later -- and it was against everybody.)
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  3. Barter contracts the economy to that of the beginning of specie. All modernity is swept away.
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  4. The Dollar is International Money -- the keystone for every other currency. So, Fed's over-printing is sucked down overseas -- in economies expanding far more rapidly than the First World. Red China is wildly over printing even the Fed and Congress... yet holding the wholesale price of industrial goods to the floor. THAT'S why. Crypto is a mania -- a FAD. Who will want crypto when its momentum turns down? Like tulips, crypto has NO inherent value. You can't use it for anything BUT speculation. When the selling really begins -- EVERYONE on the planet will want to unload at digital speed. Holland showed what that looks like centuries ago.
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