Maximus

Today's Commodity Prices Forecast Tomorrow's Inflation

I don't purport to be an economist but I have taken the standard MBA curriculum in finance in economics. Therefore I have been pretty on the fence as to my own view on inflation or deflation.

I do lean toward the coming inflation argument. The most interesting refusal of this argument that I have read is even with all the new money pumping and approved bailouts, the public sector debt to GDP ratio of the US will still be below that of other OECD countries.

If this is true, then it does not necessarily portend the end of the dollar and hyperinflation. If Italy can live with 150% debt/GDP ratio then why can't the US?

Anyway, I have no idea if these numbers are correct and am too lazy to do a Google search.

And I was hoping that someone with an understanding of this issue might address it...