sheridan

Inflation: Too Early to Worry?

Is there any other outcome besides inflation?
The Country cannot service its total debt and has no way to do so in the future, even with an imaginary 100% tax rate.
So Gov't can default- never going to happen when you own a printing press or Gov't can inflate their way out of it.
I cannot come up with any other solution.
The rein of the dollar is over- it's just going to take some time for transition (10-20 years). Asia has all the money and all the people- don't underestimate what has just happened in this Country- Soros has it right. Doesn't mean the US won't be a nice place to live long term- still have all the food, all the water and democratic government but the run is over. I'm taking lessons in Mandarin.
P