No it's not.
A Deflationary Greater Depression is here and will be getting worse once the Federal government loses its ability to create new debt fast enough.
Most say maybe shortterm, but longterm most see Hyperinflation. If you have a persuasive argument, please help, because I know many who are trying to decide what to do, because It’s heads/tails anyway, IMHO, but I’d like to know as much as possible.
agree,
I bet you don’t make a commission for selling gold, do you?
I agree. If we were not so interconnected economically an inflationary depression might be possible. Since we are, I think your position is correct.
The only inflation we are receiving is from imported goods that cost more due to the weakness of the dollar, or commodities with production failures. The weakness of the dollar issue is even changing as the realization that NO CURRENCY has stability. Individual commodities have had recent large increases in price (onions, tomatoes and oil.)