[murgindrag]

You do risk jinxing it. Once people believe high level of inflation are coming, they move wealth out of fiat for other assets. That leads to inflation. And it cycles in on itself.

The classical example is the Weimar Republic. The government printed money to get out of financial problems, but that initially led to inflation, not hyperinflation. What led to hyperinflation was when people started dumping papiermarks for other assets.

Imagine: You believe the US will see 50% inflation, and Canada will see 5%. What do you do? Swap all your USD for CAD before that happens. What does that do? Devalue the dollar. Now, everyone expects 60% inflation. People start investing in stocks, property, or just about any other store of value. That devalues the currency. And so on.

All inflation requires is a sudden loss of faith.

[mc32]

All Inflation requires is a copy of the printers used in Zimbabwe and 90s Brazil. Come to think of it, it looks like we took them and added capacity.