What I posted is one of the thoughts that comes from Austrian economic theory. We are in a deflationary spiral and it is only going to get worse with the coming credit collapse.
That's been my big worry too but to be honest I just haven't seen it. I mean, we can look at the cpi, the gdp inflator, or whatever and all we see is nothing in particular. Sure we got all sorts of problems, but inflation/deflation isn't one of them.