Many people believe we will see hyperinflation at some point due to all the printing Ben's doing, but I recently read an economist who stated it will take very long due to a few reasons.
1)The amount of cash printed represents only 2-3% of overall US dollars on the world market and therefore Ben could print like this for a decade before the US sees hyperinflation.
2)Hyperinflation requires a major trigger like a serious war, not the conflicts the US has been in for a decade. Without this, hyperinflation is very unlikely.
Can anyone disprove these, or further prove them?
1)The amount of cash printed represents only 2-3% of overall US dollars on the world market and therefore Ben could print like this for a decade before the US sees hyperinflation.
2)Hyperinflation requires a major trigger like a serious war, not the conflicts the US has been in for a decade. Without this, hyperinflation is very unlikely.
Can anyone disprove these, or further prove them?