That's why all this madness will continue.
Not one (in our lifetime) of the major trade partners is defaulting.
And they are not likely backing their currency (officially) with AU.
It'll be more of the same for a loooong time.
And, the same means, no inflation affecting pencils. Only impact is on food and energy,roughy 40% or more of your paycheck. $50 veal chops. $1,000 Christmas trees. $10 coffee.And a movie night out with wifey, a large coke and popcorn, about $60.
BTW, frozen Absolut wasn't bad.