They are not alone. Eric Janszen of iTulip probably makes the best case for inflation. There is no consensus among very intelligent people over this discussion. Not even among them on this board. It will be fascinating in a stomach-dropping way, to see which ultimately wins out. I’m leaning toward “inflation” but I have no clue. If these bright minds can’t agree, then I’m just flat lost.
I think we’ll see 1-3 years of deflation, then wild inflation.