### Comment:
I don't disagree with this, but the inflation of the 70s happened and people pulled money out of the US, even though there were no better options then either. Our money won't become worthless but I think that significant inflation and volatility are possible.

### REPLY:
Maybe China trade war becomes the 2020 version of 1970’s oil shock that pushes up consumer prices and gets the inflation loop going. Even then, it’s not like the 70’s because GBP and gold were big reserve competitors. Both no longer exist in any serious way that threatens USD dominance.

### END.