Luke Gromen: This Is How Hyperinflation Begins
- Thread starter Viking
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It always raises my hackles when a gold-marketer starts putting this out.
I don't doubt we're on the way to hyperinflation. In the opinion of many, we're already there.
BUT. I'd been waiting for this since 2010, when the FRB printing-presses got warmed up and really pumping.
It didn't happen; and frankly, my guard was down. Even the COE-vidd didn't seem to launch it.
Until it did. No bell ringing, not even a Cassandra like these guys.
Just, quiet notices of a 20-percent rent increase. Just, new cars priced half-again higher. Because of the new UAW contract, or some such.
Then the price of everything launches. Some are denying even NOW that we're in hyperinflation.
I don't doubt we're on the way to hyperinflation. In the opinion of many, we're already there.
BUT. I'd been waiting for this since 2010, when the FRB printing-presses got warmed up and really pumping.
It didn't happen; and frankly, my guard was down. Even the COE-vidd didn't seem to launch it.
Until it did. No bell ringing, not even a Cassandra like these guys.
Just, quiet notices of a 20-percent rent increase. Just, new cars priced half-again higher. Because of the new UAW contract, or some such.
Then the price of everything launches. Some are denying even NOW that we're in hyperinflation.
Viking
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Nick / FA
How did people actually SURVIVE Weimar Germany hyperinflation?
Nov 8, 2026 BERLIN
The Weimar Germany hyperinflation happened over 100 years ago in 1923. I look at how the hyperinflation happened according to the book "When Money Dies". The hyperinflation after World War 1 in the Weimar Republic of Germany happened in just 5 years. I talk about the types of jobs that did well during the inflation and which ones did poorly. I also look at the different assets like gold, silver, real estate, the stock market, factories, and farming. Some of these fared much better during Germany's hyperinflation than others.
There was no safe asset class during the hyperinflation because the Weimar government changed the rules and made owning gold silver and foreign currencies a crime. They also changed the rules on mortgages after the hyperinflation was over. People who thought they paid off their house with a few silver or gold coins, found out later that their mortgage was reinstated at 25% of the original mortgage in gold Marks.
There are lessons to be learned on how to prepare for runaway inflation in the US. The things that you think will save you like gold, silver and real estate, might not help when they change the rules on you during hyperinflation.
18:25
Nick / FA
How did people actually SURVIVE Weimar Germany hyperinflation?
Nov 8, 2026 BERLIN
The Weimar Germany hyperinflation happened over 100 years ago in 1923. I look at how the hyperinflation happened according to the book "When Money Dies". The hyperinflation after World War 1 in the Weimar Republic of Germany happened in just 5 years. I talk about the types of jobs that did well during the inflation and which ones did poorly. I also look at the different assets like gold, silver, real estate, the stock market, factories, and farming. Some of these fared much better during Germany's hyperinflation than others.
There was no safe asset class during the hyperinflation because the Weimar government changed the rules and made owning gold silver and foreign currencies a crime. They also changed the rules on mortgages after the hyperinflation was over. People who thought they paid off their house with a few silver or gold coins, found out later that their mortgage was reinstated at 25% of the original mortgage in gold Marks.
There are lessons to be learned on how to prepare for runaway inflation in the US. The things that you think will save you like gold, silver and real estate, might not help when they change the rules on you during hyperinflation.
18:25