The Quantitative Easing program from 2008-2014 (6 years duration) injected about $4T into the economy. Today, a similar amount is being injected in just 1 month, albeit by purchasing different assets.
The inflation risk is very real.
You will obviously be a very rich person by allocating your portfolio to take advantage of this massive inflation. Just like all of the people who called for massive inflation starting in 2009..
You have to ask where those 10% are taken from so we can spend them on maintenance. The smartest move would be to immediately slash military budget in half if not more.
But it will likely be taken from education, infrastructure or healthcare/social services.
Look at the countries that have opposed that since the beginning of the millennium: Libya and Iraq saw, ahem, “kinetic interventions”, and Iran and Venezuela are still being crushed by sanctions for daring to price their oil in Euros and/or RMB.
Have you actually looked at where the dollar has been heading, even with all of this "money printed"? Up. Way up.
There's certainly nothing wrong with being prepared.
However, the idea that our institutions crumple but your hard currency coins are safe is naive at best. In such a scenario, if the metal has any value, either the government will confiscate it or your neighbour with the gun will take it.
>The government is injecting a massively gigantic amount of cash into the economy
What is "massive"? Right now they are talking about $2 trillion, which is about 10% of GDP. Spending 10% of 1 year of income on "maintenance" isn't scary to me.