OK I just don’t see inflation happening,
Really have you guy’s thought this through,

You need near full employment to have inflation I would think, and we really can be self sufficient in the U.S.A believe it or not, it may take five years but we have the ability to do it (the point is they need us a lot more than we need them who ever they are).

Deflation I think is still the rule of the day, maybe in five years we can talk about inflation again but the world will be a different place in five years so it is almost pointless to speculate.

If the China bubble does burst commodities will bust too, I think that will go a long way toward easing inflation as well but I am not a big believer that china bubble will burst anytime in the next few years either.