Skip to main content

Why inflation is on the radar screen - The Globe and Mail

You cannot double the money supply (as the US and most western countries did during the recession) without there being serious consequences. I fear that the US will not aggressively address this scourge, seeing inflation as a means of reducing the real value of its debts to foreign lenders. If they follow that path, we will probably see a return to the inflationary cycles of the 1960-80's. I really hope that I am wrong, but I fear interest rates will eventually rise to try to wring inflation out of the system, as that has proven to be the only effective way of beating it in the past.

Why inflation is on the radar screen - The Globe and Mail
Labels:

Comments

Post a Comment

Popular posts from this blog

Canadian Euthanasia Information

The May 2010 Euthanasia Prevention Coalition Newsletter can now be found at: http://www.euthanasiaprevention.on.ca/Newsletters/Newsletter108(May2010)(RGB).pdf Bill C-384 was soundly defeated by a vote of 228 to 59. Check how the Members of Parliament voted at: http://www.euthanasiaprevention.on.ca/HowTheyVoted.pdf On June 5, 2010, we are co-hosting the US/Canda Push-Back Seminar at the Radisson Gateway Hotel at the Seattle/Tacoma Airport. The overwhelming defeat of Bill C-384 proved that we can Push-Back the euthanasia lobby in the US and Canada and convince people that euthanasia and assisted suicide are a dangerous public policy. Register for the Seminar at: http://www.euthanasiaprevention.on.ca/2010SeminarFlyer(RGB)(LetterFormat).pdf The Schindler family are being attacked by a Florida television station and Michael Schiavo. The Euthanasia Prevention Coalition is standing in solidarity with the Schindler family. My blog comments: http://alexschadenberg.blogspot.com/2010/05/att...
17 comments
Read more