Wednesday, December 1, 2010

America’s Leading Export: Inflation

"Depending on how bad a crisis gets, gold ranges from being between the best answer and the only answer."

Inflation is on everyone's lips these days...everyone in Asia, that is. Because Fed Chairman, Ben Bernanke is so busy pumping up the US money supply to battle a perceived deflationary threat here at home, he is putting pressure on overseas economies to print money at the same pace, in order to prevent their currencies from appreciating against the dollar and, thereby, become less "competitive." The mechanics of all this are a bit complicated, but suffice it to say that the US is "exporting inflation." Continued....

 

Investing for Beginners - Combining Economics, Fundamentals and Technicals for the Savvy Investor. Stock Market Prowess - Mastering Profitability

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