Seems like there MIGHT be some real estate opportunities in some parts of the US. Short sales in Vegas or parts of CA might be interesting. Income properties (strip malls) might be available for cheap. Fourplexes, too.
I tend to lean towards our current irrational spending/printing resulting in hyper-inflation (or at least inflation) though plenty of smart people support deflation, too. If you buy the inflation arguments, don't keep your money liquid. i.e. If you buy a $500k house and inflation drives it (any everything else) up 10x to $5m, you bought a $5m house for a song. If you keep $500k in the bank and there is 10x inflation... Ouch.
I am quite sure there is not going to be any inflation or hyper-inflation. The U.S is spending a lot, but it's also very very high income. And a lot of countries have no interest in one of the biggest consumer group for their products disappearing.
The U.S dollar will stay weak because this promotes manufacturing, which is what the U.S needs to be doing right now. But it will not weaken much more.
The one thing you can use to measure the long term financial stability of a country is its infrastructure, and when you start seeing roads decaying then start expecting inflation in a year or two. Till then, things are fine.
Wow. You are "quite sure" and feel that crumbling roads is a leading indicator of inflation? I generally make a point not to be snippy on Hacker News, so I'll just post some links and a suggestion to not say you're "quite sure" when you aren't (or really shouldn't be).
I tend to lean towards our current irrational spending/printing resulting in hyper-inflation (or at least inflation) though plenty of smart people support deflation, too. If you buy the inflation arguments, don't keep your money liquid. i.e. If you buy a $500k house and inflation drives it (any everything else) up 10x to $5m, you bought a $5m house for a song. If you keep $500k in the bank and there is 10x inflation... Ouch.