I agree. However, we all know the Federal Reserve will not allow this to happen and that they will just print the money to make them solvent, just like in 2008.
It’s always possible, but my guess is that it wouldn’t happen. At least not for now. According to the government, officially, inflation is like 3%, and it takes something like 50% for it to be considered hyperinflation. However, everybody knows that the government inflation figure is understated, and the inflation rate is more like 7% or 8%.
I agree. However, we all know the Federal Reserve will not allow this to happen and that they will just print the money to make them solvent, just like in 2008.
What is the possibility of that leading to hyperinflation?
It’s always possible, but my guess is that it wouldn’t happen. At least not for now. According to the government, officially, inflation is like 3%, and it takes something like 50% for it to be considered hyperinflation. However, everybody knows that the government inflation figure is understated, and the inflation rate is more like 7% or 8%.