posted on Jan, 24 2013 @ 02:14 PM
It doesn't have to be "hyperinflation", but yes, AFAIK the stated aim of the "Quantitative Easing" has always been to lower the value of the US$,
hence make expeorts more competitive and imports more expensive.
the trade deficit will then be "addressed" by improving the balance of trade due to increased economic activity, unemployment is lowered, and
generally the economy gets running better again. At least that is the theory - and it makes some sense.
Sure it is not the normal process by which Govts alter the value of their currency - that is usually by varying interest rates. But when your
interest rate is already pretty much 0% ther isn't much room to lower it further!!
But it is orthodox economic theory - not a secret conspiracy, and there is no reason for this to be in skunk works.