As most of know the us dollar has lost spending power ever since the Federal Reserve (A group of private banks) took over printing the dollar. With QE unlimited and no gold standard seems it will only get worse. Could the national debt have something to do with it?
Agentina is dealing with similar issues right now with their peso.
It happened right before WW2 in Germany with the Weimar Republic and then 2008 with Zimbabwe.
http://en.wikipedia.org/wiki/Hyperinflation_in_ZimbabweWhats stopping history from repeating itself by having another hyperinflation incident but this time with the US Dollar?
Both the German government in the 20s and the Zimbabwe government made policy decisions to allow hyperinflation. When they achieved their aims, they made policy decisions to end hyperinflation. If the US decides that hyperinflation suits its interests, the exact same process will repeat itself. Of course it would be very sad for the Chinese and other governments that have purchased US bonds but they are free agents and have chosen to accept the risk.