I believe Peter struck the right balance in his article. The amount of wealth destruction that has taken place since 2007 is offsetting the beginning phase of hyperinflation. If, the general trend of wealth destruction continues, there is a chance that we could find the wisdom to reverse some of these mindless decisions to throw money at our current economic cycle, which, should cause us some short-term pain.
Don't Be Fooled by Inflation [View article]