Just stock up on whatever you can. No X-mas for me this year, it’s all about stocking up on supplies of every kind.
It will be a hoot watching those stupid Gen-Y bastards try to buy hyper-inflated cereal when they are all out of work. The girls will have to resort to selling those oh so important “lady parts” of theirs for some popcorn.
I agree with you.
Typically the risk free rate of interest is inflation rate plus 3 percentage points. Under Bush Sr. the average outstanding maturity of our National Debt was around 10 yrs. Clinton lowered that to around 3 yrs. It is as though we have our country financed on a variable rate credit card right now as the bulk of the debt is short term maturity and thus, very interest rate sensitive.
If they try to inflate us out of this mess with short term debt the interest rates will go through the roof.
Clinton changing the cost of living index in 1992 is what set us upp for this mess. His selling gold futures and currency manipulation allowed it to continue. Bush W is not much better as he continued the practices.