Good points, thanks. The point I was trying to make is just that cash positions will bear the brunt of the money printing. Outstanding mortgage and other debt s

Good points, thanks. The point I was trying to make is just that cash positions will bear the brunt of the money printing. Outstanding mortgage and other debt still benefits from the low interest rates and the fact that cheaper money in the future will pay back the loan. Do you think inflation will fall back to normal levels because consumers will not have enough money to pay for the inflated prices producers will be demanding? If that causes US growth to implode as you hypothesize, I think that will lead to quite a depression. Interest rates at 0 can't help at that point. If they keep sending people stimulus checks forever, it seems that portends extreme continued inflation, since the govt. is giving out free dollars with no way to reclaim them in the future. So I really feel the most realistic outcome for the US is the Japan scenario unfortunately.