From Zero Hedge:

... Yields are low, unemployment up, CPI numbers are down (and under some metrics, negative)—in short, everything screams "deflation".

Therefore, the notion of talking about hyperinflation now, in this current macro-economic environment, would seem... well... crazy. Right?

Wrong: I would argue that the next step down in this world-historical Global Depression which we are experiencing will be hyperinflation.

Most people dismiss the very notion of hyperinflation occurring in the United States as something only tin-foil hatters, gold-bugs, and Right-wing survivalists drool about. In fact, most sensible people don’t even bother arguing the issue at all—everyone knows that only fools bother arguing with a bigger fool.

A minority, though...

Read full article...

More on hyperinflation:

How to prepare your portfolio for hyperinflation

Hyperinflation expert: The U.S. is nearing the point of no return

Investment legend Marc Faber "100% sure that the U.S. will go into hyper inflation"