“my only fear is that our government hyperinflates itself out of this situation”
This is my concern too.
Feel free to help me understand:
What I believe happens in the hypothetical “hyperinflation” is that savings get slammed. House prices will become affordable with inflation catching up to them. The rest of the world is really pissed because of the dollar being reserve currency. Imports go up. Everything goes up.
Thanks in advance for any clarification.
This is what a very old(experienced) RE investor, friend of mine, thinks is going to happen. For what it is worth he was an adolescent during the depression and doesn’t think we are going to have one.
