We just *had* 6 years of deflation. Housing. Employment. Stocks. Salaries.
Now, after all of that time and deflation, we have a recovery. Stocks up. Employment up. Liquidity up.
Jim Rogers has gotten economics backwards both times...6 years ago and now today.
I get that and you may well be right.
However.
The banks are still lining up to lend you money at what - 3.6%?
http://www.zillow.com/mortgage-rates/
Admittedly the rates have nudged up just a bit. But still - if the inflationary case is so iron-clad then this is not rational behavior on the part of the lenders.
Like I said - you may well be right - I certainly wouldn’t bet against it. But it does seem odd that people are advertising to give you money hoping for a 3.6% annual return on those dollars.