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In the event of hyperinflation, are we frozen for years until a new contract?
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<blockquote data-quote="JL 0513" data-source="post: 1785563" data-attributes="member: 50088"><p>This is a very disturbing response to the most serious problem this country has ever faced. If you think we are immune to economic fundamentals, then keep dreaming. Do you really think that $100's of trillions worth in unfunded liabilities isn't a bit of a problem? In 8 short years, we have added more to the federal debt than the previous 232 years combined. And it's going to really begin compounding with the baby boom retirement phase. In just 10 years, we'll be looking at $30+ trillion in debt. </p><p></p><p>Was your world filled with unicorns in 2008 right before half of your 401k evaporated? You were laughing if anyone suggested any economic problems might be on the horizon. Well, even that was nothing mainly because the government artificially threw trillions at the problem and masked some deep problems. What happens when there's no more band-aids to use?</p></blockquote><p></p>
[QUOTE="JL 0513, post: 1785563, member: 50088"] This is a very disturbing response to the most serious problem this country has ever faced. If you think we are immune to economic fundamentals, then keep dreaming. Do you really think that $100's of trillions worth in unfunded liabilities isn't a bit of a problem? In 8 short years, we have added more to the federal debt than the previous 232 years combined. And it's going to really begin compounding with the baby boom retirement phase. In just 10 years, we'll be looking at $30+ trillion in debt. Was your world filled with unicorns in 2008 right before half of your 401k evaporated? You were laughing if anyone suggested any economic problems might be on the horizon. Well, even that was nothing mainly because the government artificially threw trillions at the problem and masked some deep problems. What happens when there's no more band-aids to use? [/QUOTE]
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In the event of hyperinflation, are we frozen for years until a new contract?
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