[chrispedersen]

Honey, it is widely held that that *deflation* is a much greater risk right now.

There are lots of reasons, however if you deflate your money, you make it more difficult to service existing debt. This lends to market defaults -- such as the problem we are having now with the collapse of the housing market. Too many properties entering the market crushing the housing market.

Whereas if you *inflate* your money, you make it easier to pay off existing obligations.