>>60570591
>>60570623
> Those dollars chasing after real-world and it is over almost instantaneously.
The final stage of inflation; hyperinflation, so difficult to grasp because it seems tied to the quantity and quality of the credit rather than simply just the quantity. It’s this inflection point when things start to move suddenly all at once. At a point in the credit expansion process where each new unit of credit, doesn’t just debase the purchasing power of all other individual units of credit, but also debases the sum total of the entire credit pool. It’s a liquidity theory mechanic.