Economic Barometer is saying: A bit of deflation followed by a very huge inflation...

On article on CNN talks about the danger of deflation with no mention of the inflation we should expect within the next 24 months:

http://money.cnn.com/2008/10/17/news/economy/deflation/index.htm?postversion=2008101705

With all the money they have printed electronically (that means so much faster than what the German government has done in the 1920s where they had to actually print it - see:
http://en.wikipedia.org/wiki/Inflation_in_the_Weimar_Republic)

What in reality is in the forecast is a some deflation followed by a lot of inflation. Depending on how long it takes the governments to realize that paper money in the 21st century is the same as paper money in
- The Weimar Republic of Germany in the 1920s
- John Law in France in the 18th century http://en.wikipedia.org/wiki/John_Law_(economist)
- In Persia in the 13th Century http://en.wikipedia.org/wiki/Gaykhatu
- Multiple times in the Chinese history
- Roman empire
- Greece

well, if they wait too long, we might hit the point of no returns where people rush to get rid of their dollars because they collectively realize those dollars are melting like a snowman would in Arizona in July. If that happens, the rush to purchase anything of tangible value will kick in hyperinflation.

When is the next flight to Planet Gold?