This chart shows that inflation is certainly starting to "leak" into the economy. It is from 2009 lows, but it is really high off the 2009 lows and still moving up. http://www.caseyresearch.com/editorial/3791?ppref=ZAC175ED1010A It has always been my contention that inflation is a bad idea as a solution for financial problems because you can't predict or guide where it will end up. Just as Nixon... [more]
This chart shows that inflation is certainly starting to "leak" into the economy. It is from 2009 lows, but it is really high off the 2009 lows and still moving up.
http://www.caseyresearch.com/editorial/3791?ppref=ZAC175ED1010A
It has always been my contention that inflation is a bad idea as a solution for financial problems because you can't predict or guide where it will end up. Just as Nixon couldn't hold up a hand to prices and say "stop!" in '72 so you can't point a finger at particular classes and say "you! rise!".
We are headed to a situation where items you buy in cash, and which are transportable and fungible (commodities like oil and food) will go up while assets bought on credit, particularly non-transportable ones (housing, cars), will deflate, certainly in real terms.
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