Hoisington has been one of the leading
deflationists for the last 20 years, racking up a 10 % + return annually in T - bonds.
His reply was simple: In Brazil, we need a hyperinflation to create the conditions that push the population to accept a necessary
drastic deflationist process for this country.
Required reading: a word from my
favorite deflationists — bond investors that have beaten all others handily, at Hoisington Investment Management.
A number of gold bears and
deflationists were predicting gold's return to as low as $ 300.
My own view is an amalgam of all of them — optimist, inflationist, and
deflationist.