“No, what he is saying is that the Fed won’t hyperinflate because that would be endgame for them as they would have a lot of worthless crap on their Balance Sheet.”
i dont see that. hyperinflation is the definition of “saving your own skin”, especially when you’re the one holding the cards. the fed is holding alot of worthless paper as is, with hyperinflation, they can unload that crap. hell, even if they held on to it, they’re really not going to feel the pain like the rest of us.
the fed, the central banks are at the top of the food chain. if their balance sheet goes to ruin, so does ours. except, at the end of the day, they’re still holding all the cards.
