There is a statement at the end that ultimately Hyperinflation is the end result. Even the elliot wave guy on FSN said that, I guess the only argument is how much credit deflation will there be before that?

I honestly dont think it matters that much, it's unlikey that a global hyperinflation will happen overnight and it is unlikely that the dollar will fall apart overnight, so keep an eye on the market and follow the trend, JP says that he looks as money creation as proof that the dollar is on the road to hyperinflation, but all you have to do is keep an eye on asset values, if they are going down then the trend is deflationary, if asset values turn up then the trend is inflationary.

One final thought, I think that within 6 months you should have a good idea where the trend is, there is likely to be a countertrend rally in most market between now and mar/apr, when the indexes breakdown again, it should be clear from looking at the currency markets, bond market and commodity markets what is happening. If oil and silver are not near new highs by june09 then the Hyperinflation argument will be wearing thin