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As a result of the pandemic, the government has attempted to help people with aid such as stimulus checks and small business loans. Today, I want to discuss why this kind of spending has a lot of people worried about hyperinflation and devaluation of the U.S. dollar. http://bit.ly/2Z16mnJ
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#hyperinflation #financebasics
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Timestamps:
00:00 – Intro
01:06 – Hyperinflation overview
01:54 – Inflation factors
03:08 – Buying power
04:29 – China’s impact
07:08 – Fascism movement
10:18 – Devaluation of the U.S. dollar
14:35 – Impact of hyperinflation
15:15 – Inflation planning
16:23 – Recap
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