User 195303

Is Concern for Inflation Inflated?

I appreciate articles like this, as well as the doctored government statistics, because it confuses and stuns some people that anyone could think that inflation is not at downright dangerous levels. This gives us more time to prepare. If everyone were told the truth about inflation, we couldn't still buy gold at under $1000 an ounce, and long treasury bonds wouldn't be such a juicy short opportunity. Also, this gives time to stock up non perishable food (or even plant your own food) at a lower price before diesel is $7.00 a gallon causing the store shelves empty out. This Phd is doing us a favor.
"You’re neither right nor wrong because other people agree with you. You’re right because your facts are right and your reasoning is right—and that’s the only thing that makes you right. And if your facts and reasoning are right, you don’t have to worry about anybody else." –Benjamin Graham