MauDib

Evidence That Big Inflation Is Coming

You failed to mention that every U.S. war since 1900 has been paid for with equity, not income (excl. Kuwait War paid by Japan Inc). Example, did WWII bonds retain their value 5 - 10 -15 years later? Post-Vietnam 1973 - look at inflation for the next 10 years as govt prints more money. Iraq war: average cost per soldier per year $800,000.

Also, how do you get non-manuf workers and govt workers to take a pay cut in hard times? Answer, inflate away their fixed salaries: teachers, police officers, SS retirees - print 10% more money = pay cut of 10%.

The feds have a strong incentive to inflate.