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<p>[QUOTE="InfleXion, post: 2268767, member: 29012"]I don't believe that hyperinflation has a lot to do with relative strength vs. other currencies. Sure it's a factor since a nation trying to service its debt has an easier time if other people are willing to buy it, but that's not going to make or break anything.</p><p><br /></p><p>It has everything to do with the creation of debt based currency to pay off existing debt (plus interest) to avoid default. This is a vicious cycle due to usury.</p><p><br /></p><p>The fact is that debt is already too far out of control for GDP to counteract the compounding interest on existing debt. GDP is linear at beast, and compounding numbers are exponential.</p><p><br /></p><p>It's not a matter of if, but when. I make no assumptions or assertions about the when. If it's beyond my lifetime, then my stack will be a gift to posterity.</p><p><br /></p><p>However, it is worth noting that due to the nature of exponents that by the time things start looking like they are out of control it will already be too late.</p><p><br /></p><p>Chris Martenson provided a wonderful analogy having to do with exponential growth a couple years ago. The example was a stadium holding a sports event, and one imaginary magical drop of water that would duplicate itself every minute. So a minute goes by, 2 drops of water, nobody notices anything. 10 minutes go by, now there are 1024 drops of water, probably not enough even to fill your beverage cup, nobody notices. 10 minutes later, it's up to 1,048,576 drops. People might start to notice a little bit of flooding at the ground level and wonder what's going on, but by then it's already too late, because in another 10 minutes it will be up to 1,073,741,824 drops, enough to flood the entire stadium before people realize they need to get out.</p><p><br /></p><p>The point is, don't wait for something to force you into action. Be prepared, because if you wait until things are obvious it won't only be at the risk of being too late, but you'll also be competing with everybody else who didn't plan ahead.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 2268767, member: 29012"]I don't believe that hyperinflation has a lot to do with relative strength vs. other currencies. Sure it's a factor since a nation trying to service its debt has an easier time if other people are willing to buy it, but that's not going to make or break anything. It has everything to do with the creation of debt based currency to pay off existing debt (plus interest) to avoid default. This is a vicious cycle due to usury. The fact is that debt is already too far out of control for GDP to counteract the compounding interest on existing debt. GDP is linear at beast, and compounding numbers are exponential. It's not a matter of if, but when. I make no assumptions or assertions about the when. If it's beyond my lifetime, then my stack will be a gift to posterity. However, it is worth noting that due to the nature of exponents that by the time things start looking like they are out of control it will already be too late. Chris Martenson provided a wonderful analogy having to do with exponential growth a couple years ago. The example was a stadium holding a sports event, and one imaginary magical drop of water that would duplicate itself every minute. So a minute goes by, 2 drops of water, nobody notices anything. 10 minutes go by, now there are 1024 drops of water, probably not enough even to fill your beverage cup, nobody notices. 10 minutes later, it's up to 1,048,576 drops. People might start to notice a little bit of flooding at the ground level and wonder what's going on, but by then it's already too late, because in another 10 minutes it will be up to 1,073,741,824 drops, enough to flood the entire stadium before people realize they need to get out. The point is, don't wait for something to force you into action. Be prepared, because if you wait until things are obvious it won't only be at the risk of being too late, but you'll also be competing with everybody else who didn't plan ahead.[/QUOTE]
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