RE: Do Not Buy Into Inflationism
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I would not expect hyper-inflation, but I think some sucker impacts.
More expensive daily basics. From food to energy.
Prices never go back, so long-term it will fuck everyone.
Hyper Inflation would be healthy because it would end up in a need of a new currency. More stable with better rules. But I'm sure there will come instruments to "save the currency".
500-year bonds or more retarded things :D
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If they want to protect the USD as the reserve currency, they should start issues out 50 or 100 year bonds. Get that debt out there contracted on a long term basis in USD terms.
Of course, the ECB is discussing perpetual bonds that never expire and only get paid interest, never pay back the principle. Hard to default on that.
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