Loading ...What I meant was if the dollar crashes on the foreign exchange markets, on the COMEX, against OTHER currencies. Naturally, if all the people of the WORLD, lose confidence in fiat money, and ALL the currencies crash and burn, then yes, hyperinflation.
However, since 1913 the US Dollar lost 98% of its value. All massive inflations eventually end in deflation. (Remember 1929?) From 1934 to 2008, the USA went through a massive slow motion inflation, and is now trying to go into that deflation.
Deflation is also good for Gold, because it shows incompetence in TPTBs abilities to run the economy. In 1962 a slice of pizza and a small Coke was a quarter.