us debt isn't that massive and australians don't know shit about money

Almost anybody surfing these forums is familiar with Austrian economic school views and the drill that goes along following lines:

- massive US debt
- even bigger unfunded liabilites
- massive FED printing of money
- mismanagement, debasing of currency has led (across space and time) to one thing and one thing only which is hyperinflation

Sitload of books predict the financial doomsday - some of them now almost a decade old.

So how come US and it's counterfeited dollar are still afloat? Why isn't it happening?