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<p>[QUOTE=&quot;Cloudsweeper99, post: 1100372, member: 3011&quot;]I&#039;ll take it a step farther.&nbsp; No one in America has seen this period.&nbsp; And I agree that is why it is misunderstood.&nbsp; The past inflations in America occurred when either (1) there was no central bank or (2) debt levels were low.&nbsp; And if/when the Yuan becomes the reserve currency, it is at least as likely that we will experience a deflationary depression due to massive defaults and debt service problems as it is hyperinflation.&nbsp; This is a new game and the Zimbabwe model doesn&#039;t apply.&nbsp; That&#039;s why I believe the probability is closer to 50/50.&nbsp; Remember -- inflation isn&#039;t a rising money supply.&nbsp; It is a rise in the money supply that is faster than the rise in demand for money.&nbsp; And the demand for cash in a debt liquidation scenario is a huge and unmeasurable factor.</p><p><br /></p><p>It&#039;s something to think about.&nbsp; Anybody who thinks they KNOW what will happen just doesn&#039;t understand the dynamics [in my opinion].[/QUOTE]</p><p><br /></p>

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