You are viewing a single comment's thread from:
RE: STEEMIT ACCOUNT VALUES... After the Reset...
Excellent question by rollingthundet about the returning federal reserve dollars to the US, resulting in hyperinflation.
Would inflation/deflation Be a problem after the reset? We see both types right now in our economy: deflation in oil prices and inflation in food prices.
I'm hoping the reset would stabilize prices.
There's a good chance that once the Reset happens, the Minting of U.S. Coinage will slow down to a Crawl... There will be plenty of Coinage, "turned-in" for U.S. Crypto-Dollars and Cents... World Wide, there will be Plenty of U.S. Trade Dollars, along with the New U.S. Crypto-Dollars and Cents, used to Remove and Replace all the Federal Reserve Notes... The Difference between Now and After the Reset, will be that "We the People" will be in Charge of our Monetary System, not the Central Bank Owners... People tend to love receiving Raises in Pay... Until they realize, their Raises only tends to lead them into a Higher Tax Bracket, with no increase in Purchasing Power... The Reset will have little Control over Human Nature... In a Hundred Years, we may have to do another Reset... I believe U.S. Coinage will play a Balancing Act to keep Trade Dollars and U.S. Crypto-Dollars, Stable... People will turn in their Coinage and receive Trade Dollars and U.S. Crypto-Dollars and Cents... Or in the Reverse, they may want to turn in their Physical Trade Dollars or U.S. Crypto for Physical Coinage... Or they may have some of each... It will be a Personal Choice...