Inflation is a familiar subject on these digital pages. As a risk factor, however, it’s been mostly a non issue, or so the government’s official inflation numbers advise. We worry about inflation just the same. One reason arises from the possibility that commodities are in a secular bull market, energy in particular. We’ve discussed why that may spell higher inflation down the road. In the October issue of Wealth Manager, we looked into the topic in a bit more detail. Inflation may ultimately prove to be tame after all. But let’s not be hasty. Before you make a final decision, consider one of the risks that could derail the sunny outlook. To probe the darker side, read on…