The other speculation and can be considered a "conspiracy theory" is that once they hammer the USD to the ground they will bring in the North American Union and create a NA dollar. Wether that happens or not the fact is that the FED doesn't loose anything as their money creation is printed on behalf of people's debt load and based on fractional reserve meaning when there is a crash, recession or depression(if it happens) they will be winners as they take in their winnings by taking over the people's debt - being physical property instead of paper money based on nothing substantial.
PMs were and are real money but anything else I don't know about. In case of recession or worse, house prices will drop as people will start to bail out on their mortgages as they loose jobs and have no money for monthly payments to their "money masters". Crazy scenarios but it's better to know the possible outcome than sit at home thinking the FED and government are trying to help us all by their policies. Now is the time to get out of debt and have physical PMs just in case.
Exactly! Inflation helps the debtor (enables him to pay back am't owed with cheaper money). Deflation, (i.e., the stuff of the 1930's Depression) benefits the bankers, their loans are worth more than the value of that future money. You tell me, given the globe, especially America, exists in historically record debt levels, which outcome 'they' will promote; inflation or depression?