forward japan

Analysts have argued (myself included) that future inflation will result from the government's massive economic stimulus policies.

We have just experienced the greatest financial crisis and credit deleveraging in a generation. Is it realistic to expect inflation in two, five, or even ten years from now? I've been pondering the possibility of Japan-style price action in the US.

Hussman and Gross have considered this (Hussman speaking japanese, Gross a buyer of treasuries).

(chart source: kshitij.com)