Quote from: monsta666 on Feb 16, 2024, 11:20 AMIn fairness to them, I believe much of this hyperinflation/deflation debate centred on the premise on what outcome would occur once the shit hits the fan. We have not reached that moment yet, so this debate is still, to me at least, an untested theory. Once we start seeing systemic collapse of worldwide banks then that would be the real acid test on whether the hyperinflation/deflation wins.
No, the debate was specifically about the money printing/QE being done at that time, in response to the financial crisis of 2008. The HI hypothesis was the most popular, with collapse pundit financial luminaries like Karl Denninger & Mish calling for that also. Nicole was one of the few who predicted deflation, in fact the only semi-famous name I can remember in that camp.
As we move forward from here, I don't think you could tie either outcome to the QE of 15 years ago. The question you are asking is a different one, is that when SHTF Day finally does arrive, will the final collapse of the monetary system be HI or DF? To be able to answer that, you have to be able to define what SHTF Day is, so you know when it has happeneed. A rear view mirror definition would be SHTF Day was the day the monetary system went into a terminal HI or DF spiral. Looking forward though, it's harder to define.
RE