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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: skinowski who wrote (469668)	2/3/2012 2:37:58 PM
From: MulhollandDrive	Read Replies (1) \| Respond to of 794015

yep....we are in a monetary debacle of the fed's own making, and the 'little guy' is the one paying the price as they continue to debase the currency and inflate 'asset' prices, the cost of living goes up....this is why paul ryan was saying the other day basically that the fed is like a drug pusher (my term) as long as they keep printing and keeping bond prices inflated, the gov't will refuse to reign in spending and again, they do watch wage inflation and thus far they've been able to print with abandon because the transmission mechanism hasn't gotten the funny money into wage earners wallets