Looming Inflation

Image by ZeroOne via Flickr

Reading List:

• Long term appeal for US Treasury Bonds
• Rising importance of China in the global financial system (there is much work to be done)
• Why people cannot ditch the US dollar
  

What I would like to know is what the high US inflation means to people in other parts of the rich and poor world. I live in Canada, and our economies are inexorably linked-- what does the likely fall of the US dollar for Canadians? Perhaps history would answer this question. United States has had double digit inflation before.