NM, I missed the word “effectively.” I think we’ll see much higher inflation than we’ve seen in the past couple decades, but I don’t really forsee hyperinflation here. Obviously it will still hurt the Chinese though.
See, then the dollar quadruples against oil in six months, that isn't an inflation. Especially when the same thing happens against every other commodity on earth. And twofold against real estate. And 30% against Euros. And buys 3 times as much future interest payments. And...
But enough, those who only understand inflation as an allegation are not interested in reality, only in their doom mongering smears of the world they live in and what made it work.