I don't think hyperinflation is coming. Most people don't have savings. They have massive debts. If they have anything, they own a home with a mortgage on it. If hyperinflation came all the debts would be wiped out,
Well, worst-case scenario, when hyper-inflation comes, what'll happen is food, gas, medicine will skyrocket in price, and people will spend most of their money on these things, barely scraping by. They won't have enough $ to pay off their debts.
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Meanwhile, desperate people will sell their real estate to get cash, which will send houses/land WAY DOWN in value (they are already at an all-time high), and thus, housing will crash (relatively speaking). Stocks will crash, bonds will crash and interest rates will skyrocket too.
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and most people would be happy other than the båñkêrs who the debts are owed to. Because it will erase debts and hurt the banks who the debts are owed to, I do not think hyperinflation will be allowed to happen.
Normal people won't have the money to pay off debts, they'll be paying $10 for a gallon of milk and $8 for a gallon of gas, and all other items (lumber, fast food, groceries, concrete...anything that is trucked across the country) will skyrocket in price because of the cost of gas. Many truck companies will halt driving, because they can't make $ transporting stuff, so shortages will be everywhere, regionally.
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Companies who rely on products from china or other parts of the US will feel the squeeze and will cut staffing. People all across industries will lose their jobs. They'll have to sell their houses (or be foreclosed on) at very low values. More and more people will live off the govt.
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Due to the economic chaos, local and state govts will increase property taxes and all other taxes to make ends meet. More people will feel the squeeze. Or...local/state govts will cut programs, police, etc and crime will skyrocket (both due to desperation and due to less police).
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Rich people will swoop in and buy up property/businesses at bargain values. Just like during all recessions/depressions. The Middle class will finally die and all that will be left is the rich/poor.
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Sorry to paint a bad picture, but all this happened in Argentina a decade ago, and happened in Venezuela (the third richest country in North America) just 3 yrs ago. It's economics, pure and simple.
The US will collapse when gas prices rise and when imports stop. It's not if, but when.