Is Hyperinflation coming? Or something worse? [E219]

Many are whispering and worrying about the pending doom on hyperinflation due to mega government printing and crushing debts... We break down what causes inflation, and why hyperinflation isn't likely in come . . . instead it is a cancer far more difficult to overcome--deflation.We examine what happened in Germany in 1923 with hyperinflation, and Japan in the 1990s with their lost decade due to deflation, and what could be in store for the globe in the years....Most importantly . . . there is ONE simple action you can take to own your future. Links:Germany 1923: https://alphahistory.com/weimarrepublic/1923-hyperinflation/ Japan's Lost decade: https://www.thebalance.com/japan-s-lost-decade-brief-history-and-lessons-1979056#:~:text=Following%20the%20crisis%2C%20many%20Japanese,resulted%20in%20a%20deflationary%20spiral.Jim Rickards: https://www.youtube.com/watch?v=Dqj-NvIUN_o&t=804sHow the economy works (deflation): https://www.youtube.com/watch?v=PHe0bXAIuk0Until next time… Be a purpose seeker, discern the Truth, and own the future.To take more steps to live a focus life to achieve your dreams and fulfill your destiny–get my book Anchored the Discipline to Stop Drifting.  https://amzn.to/2Vwb22nThank you for listening, and as always you can find me at:WhatsApp: +1-202-922-0220LucasSkrobot.comClubhouse: @LucasSkrobotTiktok: https://www.tiktok.com/@lucasskrobotLinkedIn: https://www.linkedin.com/in/lucasskrobotInstagram: https://www.instagram.com/lucasskrobot ★ Support this podcast ★