A shortage of goods, labor, and debt...combined with a surplus of credit and savings.
You said, "You cant game overcapacity by simply running the printing press. Deflation wont be fooled."
I asked, "What scenario would cause hyperinflation to occur in America?"
You said, "A shortage of goods, labor, and debt...combined with a surplus of credit and savings."
Here is my final question, at least I think it is final.
If America were to in effect print $75 Trillion dollars over the next decade, to pay off all creditors and pay all unfunded liabilities, would that not cause hyperinflation through currency destruction caused by loss of confidence in the dollar by Americans and foreign parties alike?