[Rockingham]

The Fed and Treasury create new money and sell debt not just for the domestic economy but also to meet international demand. The demand for dollars soared in the last year due to the coronavirus pandemic as banks and investors dumped other trade and reserve currencies for dollars.

As bad as US public finances are, other developed nation economies are in worse shape with higher levels of indebtedness. If hyperinflation is in the offing, they will suffer it first, with the dollar actually benefitting.

[Grandpa Drudge]

Well, that's a "nothing answer" if I ever saw one.

I asked for some rational discussion of the recent four trillion dollar wealth transfer from the working public's earnings and savings to the Emperor's lackeys, through the process of printing $4 Trillion new fiat money coincident with a massive reduction in goods available for purchase by that money. (Note: I'm pretty sure even Keynes would not approve of that)

By the way, you are right about other nations being in worse shape, but that just means the debt crisis at the root of this is worldwide, and because they are all so intertwined with the dollar, it will be a worldwide collapse, including the dollar, instead of nation by nation, and it will cascade very rapidly once it starts.