Most of the hyperinflationistas are morons, even the ones that don't have a faux Nobel.
So it was a pleasure when a commenter at The Automatic Earth tipped me off to John Williams' -relatively- recent paper: Hyperinflation Special Report (Update 2010)Even my cantankerous self wouldn't dare to call Williams a moron.
Beating the Dead Horse (again)Everyone with three functional synapses and an opposable thumb knows that we are headed into a second great depression.
Optimizing survival strategies for anyone lucky enough to have any assets really boils down to the question of deflation versus hyperinflation, or a sequential mixture of the two.
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