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Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (5374)	2/26/2009 10:02:20 PM
From: Brumar89	Read Replies (1) \| Respond to of 86352

One thing is absolutely certain in my mind. We are going to experience massive inflation when the economy starts to recover. It will be like the Carter days, if anyone on this thread is old enough to remember that. Our currency will tank and inflation will be inevitable. Bernanke will have to raise rates like nobody's business to bring inflation under control. Our only hope is that we recover faster than the rest of the world, that we reach budget surpluses fast and start paying off our debt, and that when we have to start raising rates, the economy is doing so well that raising rates doesn't sink it again. That's a lot of ifs. I just want to say its nice to see you write something that I could have written myself. Way to go.