this post was submitted on 05 May 2026
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[–] shortwavesurfer@lemmy.zip 10 points 2 days ago (1 children)

I agree. However, we all know the Federal Reserve will not allow this to happen and that they will just print the money to make them solvent, just like in 2008.

[–] datendefekt@feddit.org 3 points 2 days ago (1 children)

What is the possibility of that leading to hyperinflation?

[–] shortwavesurfer@lemmy.zip 3 points 2 days ago

It's always possible, but my guess is that it wouldn't happen. At least not for now. According to the government, officially, inflation is like 3%, and it takes something like 50% for it to be considered hyperinflation. However, everybody knows that the government inflation figure is understated, and the inflation rate is more like 7% or 8%.