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Updated almost 16 years ago, 01/18/2009
Can the dollar go bust?
As far as I know, every fiat currency has fallen since Julius Caesar invented the first. The "Apocalypse thread" reminded me of a question I have been wondering about for a long time.
This is the digital age and currency is now more ephemeral and malleable than ever. It is issued and transferred as electrons and pulses of light in computers over digital networks and recorded. This is something never before seen in history and makes me wonder:
CAN the dollar go bust in a hyperinflation or a deflation?
Let's have some debate. It just might be the most important economic question of the next few years.