it could be tragic for most of the population! So many are on welfare and have no other means of supporting themselves. Then there are the S.S. retirees that have no other income. during the great depression of the thirties most of the population were farmers. They had livestock and gardens to survive.
If the American economy hits hyperinflation it could be a hundred times worse than in the thirties. What are people going to do when they wake up one day and find milk up to $100 per gallon, or no milk at all?
This is going to come upon America, no amount of printing of the fiat dollar is going to stop it. After all America's economy has hit hyperinflation twice in the past. Other countries have gone this route over 25 times in the last 40 years, we are over due for a massive correction for all the propping up of the banksters.
Gold standard: because man can not be trusted to control his greed