To be fair, none of those 4 countries listed have quite the level of control over their currencies' supplies like the US Federal Reserve. On the "contrarian ar

To be fair, none of those 4 countries listed have quite the level of control over their currencies' supplies like the US Federal Reserve. On the "contrarian argument", I see the case for that having deflationary pressure. However, I believe the Fed will try it's damnedest to prevent deflation, at all costs, for the foreseeable future. I also think the US birth rate will find a floor sometime in the next 20 years, at which point (very hopefully) politicians will have gotten serious about immigration reform.