With regard to my earlier post, I read a beautiful quote from Ludwig von Mises on financialsense, that I think explains it all:

"There is no means of avoiding the final collapse of a boom brought about by credit (debt) expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit (debt) expansion, or later as a final and total catastrophe of the currency system involved."

The first alternative is deflation. The second is hyperinflation. Welcome to the new world order, where debt is money and money debt.