No, I think the value of the US dollar will increase.

2015 is when the proverbial !@#$ hits the fan:

http://www.businessinsider.com/how-hyperinflation-will-happen-in-america-2010-9/a-slight-but-sudden-rise-in-the-price-of-a-necessary-commodity-1

I think it more likely the government will nationalize the banks, shut down Wall Street and traffic in US regulated commodities and securities, and impose wage and price controls.   We are in an era where the Federal Govt is "endowed" (not by anybody) with authority to Save The Day, whether the Constitution permits or not.

In New Orleans under a moderately right-wing regime, that meant the Army confiscated guns without warrants, evacuated people it thought worth evacuating, detained others in concentration camp for their own good, and allowed them as much economy and community as it deemed fit.

In the Gulf it meant closing beaches to photographers, banning oil drilling and forbidding flyovers to see what was happening.

And remember after 9/11 there was no air traffic in USA for a month.

In a oil crisis we will be ordered when we can drive, how far, and what we pay for gas.  We will be forbidden to order too much cargo from too far away.   We will be rationed.  It won't work, but so what?  The Federal govt is endowed with Authority to Save The Day.

Obama has been approving of a plan to bulldoze Detroit suburbs to create "greenlands" where homes used to be.

define: hyperinflation
in germany hyperinflation means the year 1923, when an egg had a price in the billions. prices doubled in days and even hours in the end, total economic and political collapse. 90% of the germans lost everything in merely a year.

> Firewing wrote:

> define: hyperinflation
in germany hyperinflation means the year 1923, when an egg had a price in the billions. prices doubled in days and even hours in the end, total economic and political collapse. 90% of the germans lost everything in merely a year.>

That is exactly what I mean by hyperinflation.

so I am told by Defenders Against Deflation

apparently the science of Economics decided to play with the glossary

I do not believe that a nation that imports 99% of its oil and has had a 20% fluctuation in value against the dollar and has the highest prices for real estate on earth, has not had a decade of rising prices

yeah I figured "inflation" won't refer to fuel and food.

I don't think we WANT US real estate to return to 2008 prices.  Those were grossly inflated and sustained only by massive borrowing. Better to have capacity housing at lower values, which is where we're heading.  The purpose of home ownership is returning to OWNERSHIP rather than speculation.

finally?  we started printing money and guaranteeing wall street in 2008

Only the government can cause stagflation.  I will take a stronger dollar and risk the "depression".  I think those fears are wildly overrated, oversold by a class of investor/manager that fears its own bankruptcy.

It is in the national interest to have a Wall Street.

It is not necessarily in the national interest to have THIS wall street.

Some university took a list of the top 400 wealthiest Americans in 1900 and tracked their heirs.  Only about 5 were still on a list of the top wealthiest in 2000.  Turnover is healthy, from the national perspective, and that's supposed to guide policy.

If we lost the top 3% or even 10% of the US commercial class, we can still be a magnet for investment from the top 1% of the rest of the planet, and grow.

@tavius:
cheep energy is the base of our economy, even food production.
If I'm not mistaken, you once said there will be an oil shortage.
So no money on earth printed on paper will hold much value when that happens.
There will be serious decrease in production.
When supply becomes very expensive, why would paper or gold hold any value?