[bruce511]

In a hyperinflation world it's the opposite. Stocks go up in value (in proportion to the inflation) since they become a better vehicle of wealth than cash.

Indeed this is true for normal inflation too. Stocks, commodities, and so on are hood hedges against inflation primarily because the thing they are based on is "not cash".

In an inflation world it is -only- cash which deflates. Everything else (that is real), more or less, has steady value.

[Earw0rm]

Hasn't exactly been true the last couple of years, granted that's a bit of a short term view as far as stocks go. Major market indices pretty much flat, inflation 11% over 24 months.