My use of the word "hyperinflation" was hyperbole referring to a commonly held view that unprecedented money printing by central banks could lead an inflationar

My use of the word "hyperinflation" was hyperbole referring to a commonly held view that unprecedented money printing by central banks could lead an inflationary nightmare, often asserted by doomer goldbugs. The polar opposite view seems to be the Keynesian theologians who believe that any level of money printing & gov spending are awesome++ and point to measures like the CPI that have not really moved even as the monetary base in the US has quadrupled since the financial crisis. What I meant with my comment is that perhaps the goldbugs were right about the problem but wrong about the effects and that the orthodoxy is wrong that everything is ok++ and there is nothing to worry about. Here's some dots to connect if you want to deduce my line of thought: https://research.stlouisfed.org/fred2/series/DGS30 https://research.stlouisfed.org/fred2/series/DGS30 (change the time period to 'Max') http://research.stlouisfed.org/fred2/series/WALCL http://research.stlouisfed.org/fred2/series/WALCL http://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=newssearch&cd=1&cad=rja&uact=8&ved=0CB0QqQIoADAA&url=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2F9d794036-09cd-11e5-a6a8-00144feabdc0.html&ei=u5JwVafSE621sATrgoG4Dw&usg=AFQjCNHB6G-va1vyk3IT6R_55vMRd3brTQ&bvm=bv.94911696,d.cWc http://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=newsse...