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<p>[QUOTE=&quot;BusterHighman, post: 1134309, member: 29945&quot;]Inflation is already here. Hence the large increase in oil, food, and silver costs over the last year. I think you mean there is equal chance of HYPER-inflation as deflation. I&#039;d argue that there is a 100% chance of deflation given the reduction in cheap oil available to the American masses. Oil is the main reason America has enjoyed such a relatively high standard of living to the rest of the world. We&#039;ve been able to leverage our technologies and capabilities more than anyone else thanks to our Government locking down Middle Eastern oil for the last 50+ years. Now the rest of the world is catching up just in time for worldwide oil production to start decreasing. </p><p>&nbsp;</p><p>Hyper-inflation is not an increase in prices; it is a loss in confidence of a currency. My guess for the future is that hyper-inflation will eventually arrive due to the system&#039;s addictive dependence on quantitative easing. This will occur shortly after the US Dollar officially loses it&#039;s reserve currency status. Perhaps a new currency will be introduced at a much lower value before the Federal Reserve Corporation starts printing Trillion Dollar bills (as Zimbabwe did), but either way will result in a drastic reduction in the value of your current dollars.</p><p>&nbsp;</p><p>The hyper-inflation will then be followed by a severe deflationary depression. I certainly wouldn&#039;t be holding my dollars thinking that they are going to be MORE valuable due to the deflation that will inevitably come.[/QUOTE]</p><p><br /></p>

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