Thursday, October 07, 2010

Inflation coming to a store near you.

Those of us with half a brain have been saying for a while now that the only possible result of the Fed printing money like it's going out of style is massive inflation. But up until now, the Fed has been holding interest rates at historic lows artificially. The current administration has been pointing at this and saying our fears of hyper-inflation are baseless. Well, those chickens are finally coming home to roost, and covering everything in chickenshit in the process. The Fed is finally admitting that they will be forced to raise interest rates and trigger inflation.

I told you so.


Anonymous Anonymous said...

As in nature, everything seeks a balance. What goes up will come down; what goes down will go up. The key to a sane society is maintaining a level balance to cut the highs and prevent the lows, and we all get to eat.
This has been bantered about for centuries...... and yes it's now coming home to roost!

October 07, 2010 12:19 PM  

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