familiar voices:
http://www.huffingtonpost.com/nourie...
http://www.financialsense.com/Market...
I'll just highlight one point Shedlock makes which I believe is missed by most inflationists:
"And with the rapid destruction of credit with bank losses increasingly being hidden in level 3 assets, it is going to take massive stimulus just to stay in one place. Simply put, credit destruction on a marked to market basis has without a doubt outpaced growth in base money supply."
and finally, a look at whether the monetary base is expanding as fast as is claimed, and the significance of falling money velocity:
http://www.ritholtz.com/blog/2008/12...
ebear