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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (36564)	7/22/2005 3:50:19 AM
From: GST	Read Replies (1) \| Respond to of 110194

So the drop in the dollar today will raise our interest rates -- yes? Will that make our deficits more or less expensive to finance? I assume more -- and I assume that one way or the other we will all pay more for both the cost of our current debt and the new debt we borrow to buy new things from China at higher prices. All I see is that today, everything costs us more than it did yesterday -- the cost of both goods and money went up today and will do nothing but go up for a long time to come -- is that called inflation?