Deflation is going to end before too long, so investors shouldn't get overly comfortable.
Avoiding inflation after so much stimulus will be like avoiding acceleration after having pressed the gas pedal flat to the floor in a truck that has now swapped going uphill for going downhill.
...the trick will become avoiding hyperinflation of the kind that kills currencies, as happened in the Weimar Republic.
You just need to know that we're about to do a three-step, from inflation (earlier this year), to deflation (now), and back to inflation again (a year or so from now). It's going to be neck-snapping.
Trying to protect my meager personal assets in the midst of this crisis, I feel like I'm in the middle of the pacific in a small sailboat during a massive storm, with swells reaching tens of feet above me.
