Manager expects inflation to spike

Many believe the massive stimulus package that's beginning to flood the financial system may cure a lot of economic woes.
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The problem is the outsized inflation that could well follow.
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Mark R. Zellmer sees a high probability that inflation will be rekindled within the next few years.
Zellmer's response is to follow China.
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Flush with dollars and worried that the Federal Reserve's move to expand the money supply will devalue its holdings, the Chinese government is seeking hedges.
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"They're taking their U.S. dollars and putting them in hard assets real quick," said Zellmer, president and portfolio manager at Northern Oak Capital Management Inc. in Milwaukee.
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