4min chapter

The "What is Money?" Show cover image

Why Austrian Economists Didn’t See Bitcoin Coming with Vijay Boyapati (WiM324)

The "What is Money?" Show

CHAPTER

The US Dollar and Hyperinflation

I think we're going to see hyperinflation in our lifetime, but I don't think it's an imminent phenomenon. The Fed can't get inflation under control without making it impossible to service the debt. And that ultimately culminates in a crisis when people really lose confidence in the dollar and then you're on the verge of hyperinflation. Good and bad are often intermixed. Even though they interact, anything that can make us more productive and give us more time with our families is good.

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