[Khagan]

Originally Posted by Unregistered

Developed countries should be able to cope much better.

I'm not so sure about that since inhabitants of such countries are much more accustomed to a hi-tech, non-rural lifestyle...

Originally Posted by lazyplane

When US gets dumped, of course, all items priced in USD will shoot up.
But that does not mean the other currencies will not counter react against usd. Meaning USD/SGD will drop significantly as well. Hence SGD/bbl will not see such a great price appreciation impact as USD/bbl.

Once again, what makes you so sure, may I ask?
Why would anyone rather sell USD to buy SGD or any other paper currency, when they can sell USD to buy commodities instead?

If there's hyperinflation, isn't it obvious that commodities, especially oil, gold and food, would be in MUCH higher demand than paper currencies?

Originally Posted by lazyplane

Why is supply limited or No market for commodities ? Supply is disrupted due to supply disruptions like crop failure, war, etc. Not due to collapse of currency.

If there's true hyperinflation, and you own a hundred bags of rice, and you see the price per bag doubling every week for a month, would you sell a single bag at the market price of, say, $80 (assuming the price was at $5 at the start of the month) if there's a high chance that the price would double to $160 a week later, and eventually to over a thousand dollars by the end of the second month?

Originally Posted by lazyplane

Will you work for say 10k per month salary if your food cost is going up to $2 million ? No right ?

Of course I won't be working for worthless pieces of paper! LOL

Originally Posted by lazyplane

You will resign, get a new job that pays $100million etc.

Obviously, I would resign, but what company would be rich enough to make its lowest-ranking employee a billionaire in one month? LOL
Except for the government, which owns a money-printing machine, all companies would go bankrupt or out of business, wouldn't they?

Originally Posted by lazyplane

In short, individuals will rebalance to a new equivalent benchmark to survive.

"new equivalent benchmark"? I wonder what that means, but I'm more sure that CHAOS will be the norm for at least a certain period of time.

Originally Posted by lazyplane

i sense you predict the world is going to die, and we are all going to rot etc. And the way you see it, there is no solution, only to suffer. So if this is your point, then dont do anything right ?

I'm glad you see my point!
But as for "dont do anything right?", I'm not sure what answer I should give you because I'm not sure what solution would be best for you or any other person...

Originally Posted by lazyplane

Or if you do have a solution, then pls share.

All I can think of now is:

"Humpty Dumpty sat on a wall,
Humpty Dumpty had a great fall.
All the king's horses and all the king's men
Couldn't put Humpty together again."

Obviously, I'm implying that Singapore is like "Humpty Dumpty", but actually, the whole world is also like one big "Humpty Dumpty"!
And of course, "king" = government(s), and his "men and horses" = civil servants (or slaves?) and their vehicles.