[Camel Joe]

I’ve always said deflation first followed by hyper-inflation that will turn on a dime. No telling when it will hit it can’t be far off now.

[April Lexington]

I got blasted by more than one of those trolls. It seems logical to me. Deflation is met with strong government action to stoke the economy. They pump zillions of currency units into the economy through deficit spending and, worse, currency creation (QE) and then, almost overnight hyper-inflation which is really panic. Just like a bank run. One day, nobody wants those little green things that say “This note is legal tender for all debts public and private.” Nope. They want chickens or gold coins in exchange for goods and services.