inflation .. inflation ... us inflation is 10%

We have inflation. Yes. Inflation. Here and now. That's right. Inflation.

US inflation is currently running around 10% when not manipulated downwards for public consumption.

See http://www.shadowstats.com/alternate_data/inflation-charts

I will NOT buy the deflationists' talk. The US can print as much money as it wants. And it will. The same applies to Europe.

Just as I will not buy a cycle looking back at charts going to back to 1500, allegedly telling us that we are now heading for a massive deflation. If I was to buy that then I might as well buy Nostradamus' predictions and also make sure I have loose leaf tea each day so I can read the the tea leaves.