Attached is an interview with Nicole Foss of the Automatic Earth, conducted by Nicholas Bawtree for Italian magazine Terra Nuova, October 2011 in Florence, Italy. Nicole (Stoneleigh) and Hugh Hendry (Ilargi) were contributors to the Oil Drum prior to starting the Automatic Earth. Stoneleigh and Ilargi are deflationists and have an ongoing debate with Gonzalo Lira, who is an “inflationista”. Personally, I tend to side with Silver Shield, in that we are going to have BOTH. Not to speak for Mr. Duane, but my opinion is that everything that you will need to live will hyperinflate and everything else will deflate. There are many questions as to how PMs fit into the debate and outcome; again I tend to side with SS. Still, Nicole Foss is incredibley intelligent and her perspective regarding energy is worth listening to. Use your own judgement and form your own opinion.