Inflation vs. Deflation:

The Fed’s Newly Created Money Has Been Camping Out in Financial Assets (For Now)

Deflationists Continue to Be Misguided in Their Outlook

Even former Fed Chairman Alan Greenspan is now calling the alarm.

The real question is how long relatively low consumer price inflation will persist before giving way to much higher rates. The reason why inflation will eventually become a crushing problem is that debt growth in the economy — particularly at the level of the federal government — cannot ultimately be sustained except through cheapened dollars.

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