We know that US public debt has been growing, but where is the dollar collapse Peter Schiff has publically predicted? The US dollar index, instead of collapsing, has gained value since 2011, so where is the hyperinflation? It’s true that base money has increased over the past four years, and that the Fed’s balance sheet has more than tripled in size since the onset of the financial crisis, but rather than seeing interest rates spike, we have seen US treasury yields collapse by over 60% since the collapse of Lehman Brothers. Could it be that Peter Schiff and others who have been calling for high or hyperinflation are underestimating the role of the financial system in affecting the money supply through loan growth and other forms of financial engineering? We ask Peter Schiff, CEO of Euro Pacific Capital, what happened to his calls for hyperinflation. Peter admitted to us that hyperinflation may not happen after all, but still maintains that inflation will reach very high levels, perhaps as high as 30%.