Wal-Mart CEO Bill Simon expects inflation

It’s getting more difficult to relegate the inflation problem as a fringe argument. Hyperinflation has always been the inevitable consequence of excessive money creation (i.e. printing money – also known as quantitative easing (QE) today). The fact that Wal-Mart and/or other mainstream players are beginning to discuss it suggests that the point of public recognition is nearing. This recognition will change the ebb and flow dynamics of the gold market.

Still, inflation is "going to be serious," Wal-Mart U.S. CEO Bill Simon said during a meeting with USA TODAY's editorial board. "We're seeing cost increases starting to come through at a pretty rapid rate."

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