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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (111627)3/26/2012 8:40:52 PM
From: RetiredNow  Read Replies (1) | Respond to of 149317
 
It's already happening. Commodities have gone up almost across the board. Gas, food, all the things you spend money on every day have gone up in price. That's inflation.

But in the disingenuous way Bernanke and our government has to fool the masses, they'll tell you to look at the USD in comparison to other currencies to "prove" to you that the USD isn't being devalued. Well, when all other currencies are weakening due to their horrible economies and to their own currency devaluation schemes, the USD has become something of a safe haven. So the USD in comparison to a basket of other currencies looks ok.

But compare the USD to commodities, oil, gas, and food, and you see the problem of devaluation right away. That's inflation and Bernanke is the culprit.