You use quote, could you please give your source.Carl Lieberman wrote:"In all historical cases where a government with debt over 80% of GNP and deficit over 40% of spending where the government printed to cover deficit and debt coming due they had hyperinflation."
It is VERY tricky, for me 2011 will be on the sign of inflation on anything except "Capital", except on the value of what was build in the past to help us in the future. Stock Market I really don't know.
As I said before it depends on where the money goes...
And as Lieberman said Dollar as a reserve currency, is going to have a special and long term play. Now it depends on Asia...
Hyperinflation and Deflation are often the same problem, misallocation of money. Now Hyperinflation, for me, is political and can be the result of an inflationary fight against deflation, so my expectation are : -first-inlation -second-deflation again -third-hyperinflation BUT I use the word "inlfation" in the same meaning as Central Banksters.
Be careful about what you mean with inflation, don't look at CPI numbers, go to your own level, what does it mean? You'll discover that it is VERY different, depending on the look you have....
As I sais before, it not an important clue for me, because the definition is not clear enough, or too political.
Fight between Borrowers and Lenders is, for me, a much more practical view, because it involves Banks, Goverment, Power and Armies back to my own little life and on wich I can believe or not...