Right now, we are having a monetary deflation as noted by decline asset values in house, stock…etc. We are also having a consumer price inflation in energy and food that I feel mostly is driven by speculation.
If the U.S. government doesn’t print any more money, we will eventually deflate.
If the U.S. government decides to print money to monetize debt, we will hyper-inflate.
The debate should be, can/would the U.S. government monetize the debt. They have the next move, and your move should depend on their move.
