> Finally, the global financial system is deeply entrenched in the use of the US dollar, and changing this system would be a slow and difficult process. Many countries and international organizations hold large amounts of US dollars, and it would take significant time and effort to shift away from the dollar and establish a new reserve currency.
That's not a reason why hyperinflation won't happen, merely a reason why it will be especially bad when it does.
> Finally, the global financial system is deeply entrenched in the use of the US dollar, and changing this system would be a slow and difficult process. Many countries and international organizations hold large amounts of US dollars, and it would take significant time and effort to shift away from the dollar and establish a new reserve currency.
That's not a reason why hyperinflation won't happen, merely a reason why it will be especially bad when it does.
Not a fan of Zeihan