[quote=sreeb]Hyperinflation is directly related to money creation. You can’t get one without the other. All other aspects of Zimbabwe relate only to the motivation of the government to create the money.
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Half the country was destroyed. You can’t analogize Zimbabwe’s situation to the U.S. situation. Japan is a much better country to look to and their debt-to-GDP ratio is twice that of the U.S.

[quote=sreeb]
Do you believe that the EUROZONE can solve its collective problems by simply creating money and buying up the debt?
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It would be a much easier way out. The ECB could buy debt of the countries in trouble. This would drive down interest rates and devalue the Euro which would further help the economies of the countries at risk.

[quote=sreeb]
It is certainly possible that we may get a ring side seat on the result in the next year or two. Why do you think it hasn’t occured to them?
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Because the entire world is infatuated with deficits. Paul Krugman has been saying that the ECB should buy the debt of the countries in trouble. It makes a lot of sense to do so which is probably why the ECB isn’t doing it.