>If you don't believe me then please try to explain why hasn't Japan experienced a double or triple digit inflation. It's important to note that Japan should n

>If you don't believe me then please try to explain why hasn't Japan experienced a double or triple digit inflation. It's important to note that Japan should not be viewed as a template for the US. Both countries are quite different in many regards. The former is one of biggest creditor nations with private sector deleveraging for almost 2 decades thus compensating for significant part of the government leveraging, meanwhile the latter is the world's biggest debtor nation with both private and government sectors becoming more and more leveraged (see [0] for a more thorough comparison). The ultimate question is: for how long the US will be able to maintain USD as the main reserve currency. We already can see that foreign governments and investors do not wish to buy more T-bonds and even tend to sell them. [0]: https://www.lynalden.com/economic-japanification/ https://www.lynalden.com/economic-japanification/