No one has a crystal ball of course, but some experts are saying that if a debt crisis unfolds due to excessive issuance of dollars and treasuries, it could actually lead to a spike in interest rates and an increase in asset and housing prices relative to the dollar. This would be contrary to what happened during the Great Recession in 2008.
Is it possible that we could experience even worse inflation while people have much less purchasing power? How would such a scenario be addressed (seems like QE would make it worse)?
In: Economics
They could skyrocket if inflation went crazy.
Like if your house is worth $100k when the dollar was worth X but now the dollar is worth X/2 so your house would then be worth $200k. I believe that’s hyperinflation territory.
Assets go up in price while inflation reigns supreme it’s why you see a lot of rich people park their money in physical assets. Even if the world goes to shit you still own a tangible item that has some inherent value.
Again this is a very very rough example of one scenario.
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