Velocityshares Daily 2X Vix Medium Term (TVIZ)

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Inflation, the Destroyer of Debt.

One good thing that can be said for inflation, if you are a borrower, is that it destroys debt. This of course works against the creditor destroying their wealth.

Two ways to reset debt to zero, another deflationary debt liquidation bankruptcy aka Great Depression, or

Germany post-WWI when the wheelbarrow cost more than the money loaded inside it.

Deflationary depressions can last decades, whereas an inflationary depression (crack up boom) is over in a year or so.

Between the two an inflationary depression is much preferred by the general society as it increases the price of their homes, whereas in a GP the banks take possession.

http://stockcharts.com/c-sc/sc?s=VTIP%3AMBB&p=D&yr=5&mn=0&dy=0&i=t75819099538&r=1477493682434

Today is the first day in three years where the 200 DMA is higher than the day before.