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Barry Sotoero » Comments » UDN

  • Inflation's Power: The Dollar in 25 Years [View article]
    I do not believe cutting our interest rates has anything to do with the current inflation problem, that we are just noticing. Inflation has been on the rise for years now, reflected in the rise of gold. The United States finds it very hard to believe that anyone besides ourselves could make the world spin. Although we are still the big guys on the block. The world around us is changing right in front of our eyes. Inflation is being driven globaly by the cosumption of all goods and raw materials. Chindia and others are driving inflation. The cost of oil is the main culpret, driven by supply and demand. Take a look around and see if there is anything that you can find that is not made out of oil or the machine that made the item uses oil or it is made from oil. The Goverment needs to make major advances toward alternative energies. Alternative energies to make electric, cars, raw materials and goods. We are in or near a recession and inflation is already present. Protect your investments through precious metals an alternative energies. Things will get worse before they get better!
    Mar 01 14:37 pm |Rating: 0 0 |Link to Comment
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