In a nutshell, hyperinflation is the process of the bankers saving themselves by selling their receivables to the central bank in exchange for freshly keystroked dollars, then dumping those dollars on you and me for foreign currency and hard assets.
Hyperinflation is the process of SOCIALIZING banker losses.
Paradoxically, expect real estate to decline in price as demand, fueled by faux-credit, utterly disappears.
“Human nature has followed this path for thousands of years. You know the old joke about outrunning the bear? Well, these lenders will influence our financial policy as such. They will try to get their debt securities liquefied first, spend the fiat and in this process outrun you and I. Leaving anyone they can beat to the mercy of the hyperinflation bear eating their remaining fiat assets…”
“…hyperinflation is the process of saving debt at all costs, even buying it outright for cash… because policy will allow the printing of cash, if necessary, to cover every last bit of debt and dumping it on your front lawn!”
“There is always a shortage of cash during a full-bore, in-your-face hyperinflation, which is why the printer has to keep adding zeros. His press simply cannot keep up with prices at established denominations. It is also why the first to touch the new cash (the “elite”) have a very valuable advantage. Hyperinflation is a grand competition for lifestyle retention in the face of forced austerity, just like a race!”