You can't just apply a rule without further research. And you have tovincecate wrote: Thu Dec 09, 2021 2:52 pm > In the US Revolutionary war crisis era they had hyperinflation.
> The expression "not worth a Continental" lasted long after that
> money was replaced. It is why the US constitution says "No State
> shall [...]; make any Thing but gold and silver Coin a Tender in
> Payment of Debts". The people who went through hyperinflation
> wanted to make sure it did not happen again.
> In the US Civil War crisis era the South had hyperinflation. In
> war the losing side often has hyperinflation.
> To me it seems 2 of the last 3 crisis eras in America had
> hyperinflation. So I don't understand why you think crisis eras
> don't have to worry about hyperinflation. To me it seems a high
> probability event during an American crisis era.
use some common sense.
The US Revolutionary War was an Awakening era war for the British.
How that sorts out would have to be researched. Also, the Continental
was a brand new currency with no backup.
During the Civil War, Sherman's March completely destroyed the South's
economy, so obviously the currency would become worthless.
What would be the analogue of Sherman's March today? If the Chinese
won the war, and put into effect General Chi Haotian's plans to
"clean" the American land of all Americans, so that the Chinese could
expand into America. That would probably cause hyperinflation.
Or maybe not. The dollar would still be the world's reserve currency,
with quadrillions of dollars held by institutions around the world, so
hyperinflation would still be impossible. The Chinese would take over
the Fed and convert the dollar into an equivalent dollar-renminbi
currency, without hyperinflation.
