[Southack]

Aye, porkulus must die...but someone needs to inform Schiff that the current destruction of credit availability is causing a *deflationary*, not inflationary, downturn: "inflationary depression worse than anything any of us have ever seen."

Oy vey...

[Travis McGee]

Schiff and Mish SHedlock have been battling over this. Schiff says deflation short term, hyperinflation to follow.

[FocusNexus]

Schiff is right — I’ve read other article, don’t have time to find them.

Massive spending and deficit will result in the Fed printing more and more money, check out Glen Beck’s site, he has a graph on how the money supply is increasing drastically, which will inevitably lead to a weak dollar and huge inflation.

[CharacterCounts]

Yes, but when the government increases the money supply the way it has and the way it plans to, severe inflation is the result.