[youtube]http://www.youtube.com/watch?v=aVm-aVA-kU8[/youtube] I hate this debate (Inflation vs. Deflation)... Can never settle it in my own mind :| . The one thing that make me lean towards inflation is I cannot see a serious deflationary situation that would not bring the whole deck of cards crashing down. Admittedly this also is the end of a hyper inflation scenario, but it is more can kicking that spineless government is adept at. Well worth the watch, gold seems to be an option in both situations according to both proponents.
