Inflation, the shift of financial power to China, the euro and investments

Frederic revisits an earlier discussion of deflation versus inflation and asks about money printing and hyperinflation.

The Wonders describe a global movement to rebalance monetary power away from the United States toward China, with many players seeking to profit from the disarray, which they call greed.

Many countries will move into hyperinflation and eventually hyperdeflation; the Chinese would then take over the world's economies, with the International Monetary Fund basing itself on the Chinese currency rather than the American dollar - possible within the next 30 to 50 years, with many probabilities in play.

The key question is whether China calls in the US debt it holds; China would rather be the power behind the throne than the throne itself.

The American empire is described as collapsing gradually, as Rome did over some 600 years.

On investments, gold will move neither far up nor far down, talk of $50,000 gold is wishful thinking though many push for it to profit, banks in certain countries such as Canada are good, Google is a good company and Apple will stay steady for another 7 to 10 years before dipping.

On the euro, there is a good but not certain probability it collapses, though it would be replaced by another common instrument or a reorganized euro - the forces are roughly 50-50, and the current structure is not organized enough to sustain itself.