ozzy43

What's It Going to Be: Inflation or Deflation?

An interesting analysis - I wonder what would happen if the author would use a more realistic basis for calculating inflation than the outrageously fraudulent CPI. Same goes for the equally fraudulent GDP.

I agree with brewtul - near term deflation then long term (probably hyper)inflation, thanks to both the feds and the Fed. The history of fiat currencies is pretty stark in this regard - we have centuries of history to rely upon for clear lessons. Just look at any chart of *real* inflation (i.e. increase in money supply) noting 1933 and 1971 and what happens to money supply afterward. A good primer:

www.chrismartenson.com...

Sections 6 to 10 are relevant to this discussion, but all are worth watching and thinking about.