-——They’re going to hyperinflate money away-——
I would argue differently. There will be inflation but not hyperinflation. The rate will be controlled to the maximum the public will bear. The trick is control, but that is the goal
Devaluation is the oldest trick in the book. My take is that Inflation 101 is part of every king’s education and even elected officials have taken the course.
I only slightly disagree with you, you said:
“There will be inflation but not hyperinflation. The rate will be controlled to the maximum the public will bear. The trick is control, but that is the goal”
I think that that assessment is spot on. I don’t disagree at all that the goal will be maximum sustainable inflation, but then there are the black swans. The problem with the megalomaniacs who think that they can control everything and every variable is that history has shown that they cannot. The best laid plans of mice and men, and all.