From Newsmax:

While counterintuitive, star value investor David Dreman predicts that inflation and stocks will rise at the same time.

"I think we're factoring in some pretty major inflation," the chairman and CIO of Dreman Value Management told CNBC.

With the Treasury issuing billions of dollars of bonds to finance the budget deficit, the Federal Reserve "has been printing money 24/7," he says.

"That's been going on pretty much worldwide, and it's got to have its toll. Not now, but two, three, four years out, I think we're going to see inflation probably as bad as say the '77 to '81 period, when it was about 12 percent annually."

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