Originally Posted by beforeobamabans
How can anyone possibly be worried about hyperinflation? Don't you recognize the fact that the fed has been madly paddling upstream against deflation?
There was deflation due to the housing bubble but hyperinflation is coming our way.
You can actually have both; deflation in housing and wages, yet inflation of daily necessities like food and fuel.
With hyperinflation you never see it coming. If you could, everyone would immediately get rid of cash buying anything of lasting value (which causes immediate hyperinflation).
And that is what will happen. First a few months of high inflation maybe 20-50%; then at that point everyone realizes the money is no good resulting in hyperinflation.