There is some great commentary. To be fair, you cannot compare Germany post World War I and USA of today. One was a war beaten down nation with absurd reparations and a parriah label. The other is the biggest military power, a world superpower (somewhat) and the consumer that drives China & India. Hyperinflation won't happen because the financial system is too developed. Chinese took some dollars and gave it to Blackstone. Now Blackstone can play with it and put it into funky investments. The good scenario is that it continues slowly, just like it has since Nixon defaulted. The alternative is like choosing mutually assured destruction, in terms of shock on the global financial system.
global bond markets dont like what's happening...... a sense that Japan maybe ready to raise rates and kill the carry trade........ 0.5% in Japan and 8.0% Kiwi is shaking things up