Hi all: I am wondering whether hyperinflation and devaluation of the currency will cause abrupt rise in all asset prices and thus cause massive losses on short calls. This can happen if China/OPEC countries, for instance, suddenly stop buying our bonds. As I know, inflation usually causes decline in equity markets as it induces the Fed to set higher interest rates that choke off easy credits. But what if hyperinflation occurs one month after you placed short positions? Any comments? http://www.cato.org/zimbabwe -- Should I laugh at or fear these inflation numbers?