So far the government and media are practicing denial, but the facts are becoming way too clear for that to go on much longer. Now the word is "OK, maybe a little bit of inflation, but it's only temporary". Yeah, right. Stopping inflation once you've really gotten it going, and your national debt is equal to your GNP, is like putting toothpaste back in the tube. We'll be lucky if it slows down by end of the year.