logoalt Hacker News

marcyb5sttoday at 3:29 PM2 repliesview on HN

And kill the savings of what remains of the middle class. Probably they will do it though, as it is a slow thing and is not felt by the average Joe like a tax hike or loss of benefits. So the policians won't trigger an outrage by doing so.


Replies

inigyoutoday at 3:30 PM

hyperinflation is very fast, but I think they'll do it, by accident because they don't know how anything works, but I think it's impossible to accurately predict when.

lII1lIlI11lltoday at 4:11 PM

> And kill the savings of what remains of the middle class.

I would assume majority of US middle class' savings are in the real estate or securities. Why would hyperinflation kill these?