Predict the direction in the level of prices in the U.S. (inflation or deflation)

[brentspeak]

Poll question: Predict the direction in the level of prices in the U.S. (inflation or deflation)

[HeresyLives]

1. Other....stagflation.

[DJ13]

2. Massive inflation

But the government will try to play fast and loose with the numbers so they can maintain a fiction its not really happening as long as possible.

[unkachuck]

3. parts of the mainstreet economy....

....will suffer from protracted inflation while other parts will suffer from protracted deflation as we decline as an economic power....

....Asia will continue to boom but I see nothing in our economy to rally economic growth while our economic problems remain huge....

....the will for government sector development will remain nonexistant....real estate will continue to dive as the price of imports continue to rise....the people are becoming poorer....

....only about 10 million currently in manufacturing today; and we're losing the know-how and ability to build the things we consume and need....we've traded wall-street gain for declining prosperity....

[MercutioATC]

4. Where are all of the "deflation!" screamers of 6 months ago?

When I suggested that we were in for some mild short-term deflation followed by a time of pronounced inflation, there was no shortage of people shouting me down.

Where are they now?