• fartographer@lemmy.world
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    10 months ago

    Are we getting close enough yet to the hyperinflation stage of Nazi Germany for experts to consider this an issue?

      • fartographer@lemmy.world
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        10 months ago

        I worded my comment poorly. I’m including the rise of the Nazi party as a stage of Nazi Germany. I find the reaction to hyperinflation just as integral as the Beer Hall Putsch (which I often compare to J6) to the existence of Nazi Germany.

        I think Trumpler is trying to check all the same boxes and isn’t particular about the order.

        • Doomsider@lemmy.world
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          10 months ago

          One of the only things he has seriously studied in life is Nazism. He has always had an unquestionable fascination with Hitler. I wish I was making this up.

          So yeah, it would not surprise me if he and his cabinet are ticking off an all too familiar checklist.

    • N0t_5ure@lemmy.world
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      10 months ago

      Not quite yet, but as Trump increases his grip on the Federal Reserve, which should reach a tipping point when he appoints a new Chairman in May of 2026, you can bet 100% that monetary policy will hyperinflation on a level never before seen in the U.S… Expect >50% annual inflation level.

      • fartographer@lemmy.world
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        10 months ago

        Yippee!!! 50% increase! So you’re saying I should buy all the bread and eggs right now, store them until May of next year, and then I’ll be a billionaire, too???

        Me in December: this place smells like shit…

        • N0t_5ure@lemmy.world
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          10 months ago

          A better strategy is to buy real assets like gold and silver, which not only hold their value with inflation, but generally tend to explode in price as people wake up and pile in.

          • fartographer@lemmy.world
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            10 months ago

            Everyone’s gonna have beans and rice. I’m gonna be the only one with bread and eggs. And unlike beans and rice, when I need some more, I can plant them and grow more eggs and bread.