my feeling is that if Ben is going to do anything he will try to stem a disorderly deflation and engineer it into a "controlled deflation". you heard it here first.
slow rise in the USD with everything else including bonds slowly deflating much like a Japan over years time.
don't get the sense that i'm a USD fanboy. i hate the Fed and our complicit gov't more than any of you guys. they are robbing us all blind. i'm just describing what i think has to happen and is happening as opposed to rooting for it. i've always loved gold/silver but i don't see it being a solution to our problems.
we have entered the Age of Deleveraging and the debt has to be written off for the global economy to move forward.
i think if we do go to a new monetary standard of some sort it has to involve something digital like Bitcoin.
What better way for banks and governments to deleverage through inflation that the citizens pay? Why would Bernanke engineer something that goes against the interests of the people that put him where he is?