I contend the primary reason that inflation has not raised its ugly head or become a major economic issue is because we are pouring such a large percentage of wealth into intangible products or goods. If faith drops in these intangible "promises" and money would begin to flow into tangible goods seeking a safe haven inflation will soar. Like many of those who study the economy, I worry about the massive debt being accumulated by governments and the rate that central banks have expanded the money supply.



It is important to remember that debts can go unpaid and promises be left unfilled. If this happens where does it leave us? Chaos and major disruption would result from such a scenario. As we have seen from the economic crisis of 2008 and following many other unsettling developments legal actions can continue to drag on for years. More in the article below.



http://brucewilds.blogspot.com/2014/04/inflation-seed-of-economic-chaos....