H/t reader squodgy:
I often wondered what happened to the predicted hyperinflation following QE.
It never happened.
OK, inflation in school fees, obamacare etc has been negated by cheap oil, and yes, food costs are indeed rising, but the expected rampant inflation across the board never happened….why?
It made the doom-mongers look daft.
Here’s why…..we never saw it, it all went to the club.
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In my opinion real hyperinflation (incl. consumer price inflation) is coming and the euro, the dollar and the Japanese yen will become worthless.
It will take just a little longer.