''Why the U.S. Dollar Is Not Going to Zero Anytime Soon''

From Charles Hugh Smith via ZeroHedge

''The conventional view looks at the domestic credit bubble, the trillions in derivatives and the phantom assets propping the whole mess up and concludes that the only way out is to print the U.S. dollar into oblivion, i.e. create enough dollars that the debts can be paid but in doing so, depreciate the dollar's purchasing power to near-zero.

This process of extravagant creation of paper money is also called hyper-inflation.''

read more