scotty1560

The First (and Possibly Last) Euro Decade

My take is inflation is caused in two or three ways..

scarcity...think grocery costs...water bills

leveraging...guy borrows 80% to buy a home, tend to inflate the price.

government spending...government services grow...taxpayers pay inflated
taxes and hidden taxes aka inflation.

the problem is inflation steals from productive growth...soaring real estate
taxes and insurance rates mean diminished leverage in real estate prices.

I can't get a grip on a gold trend....do feel the economy is years from a
meaningful recovery....also feel the taxation in this country is stifling
growth...government and entitlements are totally unsustainable..