“You will be able to buy anything you want at much cheaper prices by 4Q. The dollar will be king by then.”
How many of your other predictions have held true over the past year?
My guess is that this one will also go down in flames.
The alternative is high inflation and shortages.
Yes, this kneejerk reaction has been a boon for the ‘panic goods’ industry.
The Treasury will not allow runaway inflation as they must protect their bond portfolio in order to keep China buying.
You are jumping to 2011-12 and in so doing joining an emotionally driven ideology which will likely disappoint.