the problem with this scenario is wages. If a inflated assets stay inflated then how do people afford them? Its called pushing on a string. Japan tried that and it didn’t work. The only way is to Hyperinflate wages but how does the Fed get that $ into J6packs acct??? How? With global Outsourcing I don’t see tht happening. Also, H Inflation would cause Interst rates to skyrocket.
All of Helicopter drop crap is nonsense. Dollar hegemony must be protected. Otherwise, H Inflation leads to total debasement od USD and a new currency. Why is that bad? Well, because it also leada to a new political system. Proof: Weimer lead to Hitler coming into powr and the Nazi party ultimately causing a WWII which was just a natural sequal to unresolved issues in WWI.
This is not tinfoil hat stuff. This irrefutable. This is why I say that Bernanke does not give a crap about the value of someones SD condo.