US hyperinflation? First principles thoughts: Hyperinflation happens to NATION STATES when inflation boosts past 50%. I said "nation states", but the US is special in that USD has global reserve status. That means it's hardwired into every market t...

US hyperinflation? First principles thoughts: Hyperinflation happens to NATION STATES when inflation boosts past 50%. I said "nation states", but the US is special in that USD has global reserve status. That means it's hardwired into every market that powers the economy. In… twitter.com/i/web/status/1…