When you consider that we really have not gone anywhere, economically, for 10 years…we’re looking very much like Japan. The US is not a net exporter like Japan, but it does have the worlds reserve currency. This will cause the US$ to get stronger every time there’s a flight to safety. This can go on a lot longer than most people think.
Hyperinflation has historically been the result of desperate nations when they can no longer borrow. I don’t think a world reserve currency has ever experienced hyperinflation. Check Rogoff’s latest book for how the whole thing will unravel.
