Hyperinflation Is Already Here – You Just Haven't Realised It Yet: Too Good For Inflation

What is one reason for the low consumer inflation in the US despite rising asset prices?

• High consumer spending

• Increased production

• High savings rates

• Decreased investment in assets

What was the US dollar backed by before 1973?

• Oil

• Real estate

• Gold

• Silver

Why is the US dollar considered the world reserve currency today?

• It is pegged to other currencies

• It is the most widely held foreign currency

• It is backed by gold

• It is the oldest currency

How does the global status of the US dollar affect its value?

• It depends on global productive capacity

• It makes it immune to depreciation

• It is unaffected by global economic changes

• It ties its value solely to US production

What is a potential vulnerability of the US economy despite the dollar's global status?

• Complete immunity to global crises

• Unlimited resistance to depreciation

• Dependence on domestic production

• Impact from global economic downturns