Not many seem to be paying attention to this, but the picture painted by the long term economic charts is quite clear – hiding behind the economic slowdown in all its wealth-stealing ugliness is inflation.
Inflation is a hidden tax brought about by the loose credit policy of the fed: it is about to skyrocket, especially if this bailout bill is passed.
You know, on a side note, we were in a slightly deflationary period before all this mess: and that is not a bad thing, it was a correction under way. Too bad it was so short-lived. Good time to be flush with capital, and be looking - for those that have the ability - to buy the Japanese Yen, the Chinese Yuan, or the Australian dollar (maybe Inflation-Protected Treasury Bonds?).
Hedge against inflation: what would happen if the dollar were to lose half its value? A scary thought.
Inflation is a hidden tax brought about by the loose credit policy of the fed: it is about to skyrocket, especially if this bailout bill is passed.
You know, on a side note, we were in a slightly deflationary period before all this mess: and that is not a bad thing, it was a correction under way. Too bad it was so short-lived. Good time to be flush with capital, and be looking - for those that have the ability - to buy the Japanese Yen, the Chinese Yuan, or the Australian dollar (maybe Inflation-Protected Treasury Bonds?).
Hedge against inflation: what would happen if the dollar were to lose half its value? A scary thought.
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