Deflation is the biggest worry now but it will turn into hyperinflation soon, says Harry Schultz, author of the successful International Harry Schultz Letter.
"We are poised at a heart-stopping moment in economic times,” Schultz writes.
“On one extreme side, the world is on the edge of massive deflation and depression. At the other extreme, hyperinflation.”
Schultz’ view: “Both these extremes are possible.”
Deflation is the issue now because money supply is actually declining, he says, according to a MarketWatch report. (more)