In Venezuela, we know very well hyperinflation and economical collapse.
It is very difficult to live in these conditions.
I think that it is not serious to talk about hyperinflation in the US, Europe and UK.
Thank you for the video.
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I think hyper inflation can definitely happen in the US and Europe too. Europe and the US are not immune to the laws of economics. Money printing at the massive scale we have been seeing since 1971 and especially 2008 will lose to a loss of faith in the dollar, euro, pound etc....
Of course if they keep printing money, but there is along way. However the reserve currency status of the USD, makes somehow immune to hyperinflation, because the other economies (i.e. central banks) would want the reserve currency. As de Gaulle said the "exorbitant privilege" of the USD.
In my opinion, the days of the USD as a reserve currency are numbered. The chart of the USD is about to form a "death cross" and if it's completed in a few days/weeks, that should confirm its death as a reserve currency. To me, this also explains why the crypto currencies have been going up so rapidly lately. We're living through a very interesting time right now !
#marketreport #crypt0 #maneco64