I'll be participating in a live online discussion sponsored by the Seeking Alpha folks, starting at 12:30 pm EDT today (9:30 am my time). I'll be joined by Peter Shiff, Mark Sunshine, and David Goldman, and our starting point will be the debate between Art Laffer (who thinks inflation is going way up) and Paul Krugman (who disagrees); we'll also discuss the different things you can do to protect your portfolio in the event inflation does prove to be a problem. You can follow the discussion here if you wish.
Readers of this blog will know that I am quite concerned about inflation rising. I think the action in commodities, gold, the dollar, and the yield curve is telling us that the Fed has been too easy for a little too long, and that they should have already begun to reverse their liquidity injections.
UPDATE: The discussion was pretty lively, and lasted almost an hour and a half. You can read the whole thing at the link above.