Inflation and hyperinflation seem to be the majority of talk in the public media. In order for the United States to see inflation we need growth, lower unemployment and stable or rising housing prices. I do not see any of those conditions currently and it is difficult to see them on the near horizon. Deflation is our big fear now because every day that passes makes it look more like a Japanese scenario. For now I will not be shorting Treasuries or buying gold. There will be a time for that, but we need to see some economic prospects.
Do you see inflation?
