Wednesday, January 5, 2011

Federal Reserve: Money-printing will continue at "full throttle"

That's an interesting take on rising interest rates--that the economy is recovering.  I believe the bond markets are starting to fear inflation more than anything else.  We shall see.

My belief is that hyperinflation is what we should guard against most, not deflation.  Americans don't complain when their heating and grocery bills decline.  Again, we shall see.

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