The Last Boomer

Evidence That Big Inflation Is Coming

Yes, I finally got it. There are tons of fresh money that the Fed is trying to put in our pockets but we won't spend it because we are different people now. We are prudent, smart, idealistic savers. We realize now how foolish we were to spend money we didn't have and how overly optimistic we were and we won't do this again. Never, ever again. Really? Come on. Now we are just scared but the moment the unemployment rate starts inching down, or the moment the stock market starts inching up, or the moment Bernanke and Geithner say the worst is behind us, we'll rush to to the store with wallets full of fresh new greenbacks while the banks will be littering our way with plastic because they have to put to work all this money they were given. And it ain't gonna be Walmart where we'll be rushing to. More like Neiman Marcus. We have not change and we never will. You combine this fact with the fact of mounting money supply and you get the perfect conditions for the perfect inflationary storm.