Inflation or deflation? A million dollar question.

The Marshall Plan. Cost: $12.7 billion. Inflation-adjusted cost: $115.3 billion.

The Lousiana Purchase. Cost: $15 million. Inflation-adjusted cost: $217 billion.

Race to the moon. Cost: $36.4 billion. Inflation-adjusted cost: $237 billion.

Savings and Loan crisis. Cost: $153 billion. Inflation-adjusted cost: $256 billion.

Korean War. Cost: $54 billion. Inflation-adjusted cost: $454 billion.

The New Deal. Cost: $32 billion (est.). Inflation-adjusted cost: $500 billion (est.)

Invasion of Iraq. Cost: $551 billion. Inflation-adjusted cost: $597 billion.

Vietnam War. Cost: $111 billion. Inflation-adjusted cost: $698 billion.

NASA. Cost: $416.7 billion. Inflation-adjusted cost: $851.2 billion.

Sources: PFP Wealth Management

What would be the final bill of the current bailout of the USA Inc? Possibly greater than everything combined as the aggregate total of $3.9 trillion is $686 billion less than the cost of the credit crisis in the US thus far, according to tally provided by Bloomberg. Make no mistakes, inflation is soon to be the game of the town because our beloved governments, plus the Central Banks I should add, are printing massive amount of money and planning to spend it to plug the credit crisis black hole. But since developed countries, not to mention the developing ones, are adopting the Beggar-Thy-Neighbour monetary policy, a falling greenback isn't a foregone conclusion. The competitive devaluation of currencies means it is prudent to allocate a certain percentage of your asset into precious metal like gold and silver.