[Freedom_Is_Not_Free]

The author identifies all of the key problems with the US economy, then through a leap of logic, claims the dollar will no longer be the world’s reserve currency. The fallacy in his logic is, he fails to identify what will replace the US dollar as the world’s reserve currency. The Ruble? The Peso? Surely not the Euro.

I don’t doubt the dollar will be debased. Chopper and Bazooka are doing everything they can to devaluate the dollar and stimulate inflation. But to jump from that to dropping the dollar as the world’s reserve currency is a massive leap of faith. I’m not buying it.

The word “hyperinflation” is tossed about casually by some people.

[familyop]

"The word “hyperinflation” is tossed about casually by some people."

I agree on that part of your comment. We'll probably see much more deflation. But with much manufacturing and consumer demand continuing in certain other countries, it appears that the dollar will depreciate internationally (rising prices on foreign goods). ...domestic deflation with international inflation, eventually.