Hyperinflation another way. World gold production is approx 2500...

Hyperinflation another way. World gold production is approx 2500 tones max per year. The Fed and Treasury can produce dollars in unlimited amounts (as they are now doing). So simply when you can’t produce one thing (say gold) as quickly as another thing (legal tender) than the former will inflate relative to the later, even if demand was zero. I.e gold production is fixed at 2500 tones and cannot be manipulated; but dollars can be printed in unlimited amounts.

What we are seeing now is massive deleveraging resulting in all assets classes and hence temporary deflation as demand has been killed. Eventually as the money printed continues we will see the inflation.