Truth in numbers? Lack of ZeroHedge reader interest in assertion "central banks will ultimately opt for recession, not inflation" may discredit author's claim
Inflation is the time-proven means of governments to postpone the immediacy of collapse. From 3rd century Roman emperor Gallienus to 2008 Zimbabwe, the ugliness of massive banking, business and personal financial failure is so unpalatable that politicians inevitably opt for the postponement, the paving-over relief, no matter how temporary, that inflation of the currency provides. The answer to "some inflation" inevitably is going to be more inflation--until the currency is absolutely worthless. The only thing that could possibly reverse this inevitability is a miraculous increase in the productivity (taxability) of the populace.