curious cat

China Warns U.S. About Debt Monetization (WSJ)

it seems clear that we will not immediately turn into a banana republic. the administration intends to tax its citizens significantly, using value added taxes and increased income taxes and inheritance taxes. this is a socialist regime that believes everyone is entitled to the standard of living that hard working, smart investing and credit worthy individuals have earned. so, there will be a stronger dollar between now and complete deterioration. those of you who like to travel can call your agents and wait to buy currencies. we will not have runaway inflation because government policies are inhibiting investment and hiring by the private sector. the bet on gold, oil and other commodities is premature. the bet on an improved economy is based on fantasy. six months from now, the time period the market attempts to see, will look a lot like today, except that government will be larger and we will have found a higher low, the lower part of a new range. it's flag football and the eventual breakout will be next year. china has resisted adjustments to their currency in the past and they will resist it now.

China’s Leaders Are Opening the Door for Profits

your conclusion, puttster, has leap frogged the facts. you may only safely conclude that most of the inflation is in the food prices, not that food constitutes seven eighths of the purchases. the proportion of food to other purchases is unknown. the answer is c: unknown.