So for the last few weeks everywhere I turn I am hearing that we will not have to worry about inflation for quite awhile. I have heard from some pundits that we are looking at a couple of years before we need to worry. Still others believe that the FED will be able to take away the punch bowl in time to stop inflation from taking off. I just do not believe that will happen. I think the FED will be behind the curve as it always seems to be. They will not risk raising rates too early as that will cause the market to tank which will kill consumer confidence again. Quite the feedback loop. It all seems like one giant con game at this point.
Tags: Inflation Deflation Define Inflation FED
