To avoid hyperinflation the US has to turn the tide on their debt. Hyperinflation would be one way to do this. They may also change the tide on their mfg, if they can come up with a new product/s that brings a lot of money into the country i.e embryonic stem cells, alternative energy, or they could sell off large tracts of the country to their creditors and they would also have to reduce a lot of speding. They could also peg the currency to the price of tupperware however, ushering in a new era of peace and prosperity for all :-)
Or they could do a mix of all of the above, but $1trillion might be too big an impact on the money supply mainly for internal consumption i.e. proviso to use US steel in construction and still owe the original debt plus interest. Which is one way to blow up another bubble.
So can we get hyperinflation in Australia? dunno. so far we at least haven't had to bail out bankrupt banks, which is an advantage and makes me wonder why Rudd turns all NWO and 'sociallist capitalist' a few day after talking on the phone with Obamarama. Sounds like Rudd will follow in the great tradition of Australian PMs being the b's of US Presidents.
