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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Crimson Ghost who wrote (11791)4/12/2004 2:21:53 PM
From: oldirtybastard  Read Replies (1) of 110194
 
they want inflation because they want the consumer to keep spending, they know people smell inflation and they know those people will buy things now if they think they are going to be more expensive in the future. increased spending will make it look more like an economic recovery, at least for a little while -g- this happened at the end of carter's administration. though there was probably much more wage inflation then, we now have credit inflation to take its place.
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