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Hyperinflation Won't Happen
The U.S. isn't the Weimar Republic. Inflation is not going to spiral out of control. A Zimbabwe type of currency destruction will not occur. A wheelbarrow filled with money will be more than enough to buy a loaf of bread. Many investors are treating inflation as a certainty because the Fed has expanded its balance sheet to unheard of levels through its quantitative easing strategy. Some have even gone so far as to say that this program will utterly destroy the U.S. currency. Though I can agree that CPI will increase, it's unlikely to show a gain of 5% in the near term. Despite the astronomical rise in the Fed's ... (full story)
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