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Snidely_Whiplash

@Snidely_Whiplash@nicecrew.digital

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Hyperinflation destroys banks. To the extent they control events, it will not be allowed. Moderate inflation enriches banks, to the extent possible, it will be encouraged. Deflation destroys both bankers and manufacturers, or in the current case, importers. You cannot pull forward demand if the consumer believes that the price will be lower tomorrow. That drastically reduces borrowing. It will also not be allowed to the extent bankers have control.
They question is how much control the bankers have over inflation. It is very possible, even likely, that they will lose control at some point, as the economic bases of the economy fluctuate more and more.
Right now, everybody needs dollars to buy oil.
Russia and Iran are not allowed to accept dollars, so they have made other arrangements. As the unsustainable wars we have insisted on end, Both Russia and Iran will be leading oil producers, and they will refuse payment in dollars. This will encourage (but not force) other oil producing countries to accept payment in other forms. Within 5 years, everybody but Venezuela and KSA will be off the dollar train, and the world will not have a reserve currency.
Says the person repeating extremely obvious lies in public as if it it made him morally superior.
If I were mentally ill enough to believe I am a truck, would you claim I was a truck?
If I believed I were Napoleon, would you start addressing me as Your Imperial Majesty?
troons are mentally ill men. Playing along with the delusion is why 60% of them suicide after "transition." Playing along with their delusion literally kills them.