For that matter, the US recovered from the inflation of the 80s and avoided a serious hyperinflationary spiral of the sort seen in many less stable regimes, and

For that matter, the US recovered from the inflation of the 80s and avoided a serious hyperinflationary spiral of the sort seen in many less stable regimes, and when the real-terms price of gold spiked in 2011 it wasn't even accompanied by unusual levels of inflation.