Friday, November 18, 2011

And I Thought I Was Alone

Friday Night Irony:  According To The Fed, Just Over One More Year Of ZIRP Will Lead To 38.36% Annual Inflation
That is interesting.  (ZIRP is the Fed's Zero Interest Rate Policy.)

The source for that subject line is the Zero Hedge blog (tag line:  "On a long enough timeline the the survival rate for everyone drops to zero"), which can be found here.

Inflation.  It could ruin the Middle Class.

Regards  —  Cliff
at

1 comment:

  1. Anonymous11/19/2011 07:48:00 AM

    That damned Bush again!!! Please don't tell OWC about inflation and its impact on the middle class.

    ReplyDelete

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