RE: Tears of the Kingdom

This is a concept I've talked about a lot over the years. People who say that USD can hyperinflate? That's absurd. And I said as much with a caveat: dozens of fiat currencies will have to hyperinflate and become worthless before USD risks hyperinflation. That's just the nature of being the world reserve currency and the debt market. We are seeing that play out in real time right now.

Small countries and their currency first.

Which nobody will (or is) take any notice of.

Then slightly bigger, more interconnected countries/currencies will fall.

Of which the headlines will come, but that's it.

Leading to truly interconnected countries/currencies falling.

Then shit gets real.

Really, we're still in stage 1.

But watching the GBP and my own AUD devalue at these rates, we're starting to move through the stages...

Posted Using LeoFinance ^Beta