Friday, July 30, 2010

Higher Inflation

Inflation is going to be going up. It is inevitable because the government has to do something to try and pay for all the garbage legislation they are passing. When you combine higher inflation with higher taxes you get poor people with no jobs. This is a major issue staring us in the face. Here is a quote by Federal Reserve guy, ...
what we're trying to do is encourage output growth and production, and through that channel, get inflation to move higher.
Not good at all, but it's comin'.

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