For Those Who Believe That Inflation Is Around The Corner, Read The Best Post On The Subject That I Have Read In A While

We Can Try To Inflate Away The Government’s Debt, But We’ll Go Broke Before Succeeding -- Fabius Maximus

Summary: another in a series about the financial condition of the US government. This is follow-up post to Why the U.S. cannot inflate its way out of debt (15 March 2010). We’re in worse shape than most of our peers, and far larger (whales cannot manuever like minnows). Other posts later this week discuss this important topic.

The Boomers expect inflation; many yearn for it. Not only will this fix the government’s excess debt, but it will provide another opportunity to get rich. We experienced inflation during the 1970’s and know how to benefit from it. Leverage up, buy real estate, gold, and commodities. Easy money. Too bad it’s probably a fantasy.

Read more ....

My Comment: As always, FM excels in analyzing these subjects.