I believe that we will see both. The next major financial panic will cause a substantial deflationary wave first, and after that we will see unprecedented inflation as the central bankers and our politicians respond to the financial crisis.
You can see an analogy of it in those russian youtube “crash compilation” videos. A car on a snowy road starts to slide sideways and the driver over-corrects, causing it to spin out in the OPPOSITE direction. It happens so fast that the inexperienced driver is caught completly by surprise when he must correct - often much faster - in the opposite direction.
And that’s the thing. By the time they notice we are entering inflation, it is already accelerating too fast for them to do anything about it. The “correction to prevent deflation” spins us wildly into hyperinflation.
It’s why you should be buying all the gold, silver and real estate you can get your hands on. Yes, that means PHYSICAL metals.
We have actually been seeing deflation in housing and pretty bad inflation with things like food all at the same time for 6 years now.
It’s also why
GET THE HELL OUT OF DEBT.
Is the safest thing for you and your family.