How well do you think the economy is going in the next few years?

[TheWPCTraveler]

mai said:

That's what they want you to believe to attract more "fools capitals", without much detail...

People should drop illusions that any kind of growth is sustainable and the situation with debt could be resolved without hitting hard reset button, i.e. hyperinflation. I'm just trying to put myself in the shoes of the decision makers who have direct access to Fed's money-printing machine, i.e. suggest the best case scenario for the US (and worst case scenario for everyone else as this's a zero-sum game).

In order hyperinflation to have a good therapeutic effect on US economy it needs to be prepared. Part of this preparation is maximum achievable desctruction of other financial systems and accumulation of worlds capitals as much as possible. In order for hyperinflation to have a possitve effect within the country and to be a first wave of attack at worlds economy, US need to run a full-blown campaign of dollar strengthening. Say, if dollar will grow for years in a row with zero inflation or even deflation and relatively high treasuries rates -- it'll reassure market participants that it's the most desirable payment and reservation instrument. At the moment all criteria match for a "healthy" strengthening of the dollar for a year or two except rates.

Time will tell if I'm right or wrong, but if I do, expect hyperinflation to be the last stage before a big war.

Hate to break it to you, but the EU is already going down the path travelled by the Weimar Republic prior to October 1923.

National central banks are already buying their own nations' government debt, effectively solving debt by unleashing the printing presses. Two things to note are that Greece is not included in the program, and that Germany, despite their resistance to this because of the said hyperinflation by the Weimar Republic, is largely trodding behind on the same path; that is to say that they're included in the program.

Draghi's "anything-it-takes" bazooka is going to backfire hard once the money actually gets into the system and out of asset bubbles.