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The dollar is being wilfully pushed to ridiculous levels of inflation.
Real inflation has been up around 10% for 10 years or a touch more, and the recent printing exercises - even with the massive fall in house prices that'll accelerate as the interest rates rise for mortgages - will push commodities up and therefore everyday inflation up massively.
Nasty stuff, and the pound is heavily exposed to it as well.
("Expelled" was Stein's Anti Evolution/Pro ID movie. Total nonsense.)
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"I do not agree that the dog in a manger has the final right to the manger even though he may have lain there for a very long time. I do not admit that right. I do not admit for instance, that a great wrong has been done to the Red Indians of America or the black people of Australia. I do not admit that a wrong has been done to these people by the fact that a stronger race, a higher-grade race, a more worldly wise race to put it that way, has come in and taken their place." - Winston Churchill, 1937 --{ORLY?}--
Last edited by tisonlyi; 06-10-2009 at 04:53 PM..
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