Roubini on CNBC

Nouriel Roubini, president of RGE Monitor, on CNBC thin morning shoots down the green shoots with yellow weeds, and points out the inflationary pressures building in the pipeline.

Unlike Mish's attitude which seems to be one of inflationary pressures building in the pipeline will not cause inflation, period, Roubini, says of the same that it could cause inflation after this period of deflationary pressure.

The price of oil, which is rising too fast, and long-term interest rates that are beginning to creep up are likely to suppress a budding recovery

Which one is right? Only time will tell for sure, they are both right about gold and silver, Roubini, says to use it as a hedge against inflation and according to Mish.

OK so inflationists like gold. So do I, as a deflationist. However, in housing, and only housing can one put down 10% and control and asset for decades. Housing is (or should be) a hyperinflationist's dream come true.

So it may be really tought to figure out who is right, but it's not hard to know what to do in either case.

the road to recovery runs through housing.