[rbg81]

While inflation skyrockets, look for the Government stats to say that it remains at 2-3% annually. The whole things is a BS scheme to bail out Wall Street and the Banks from their idiotic excesses with other peoples money. As a side effect, it will increase Government revenues while holding down the cost of pensions and SS [not necessarily a bad thing]. In the mean time, the rest of us will take it in the shorts.

[Erik Latranyi]

While inflation skyrockets, look for the Government stats to say that it remains at 2-3% annually. The whole things is a BS scheme to bail out Wall Street and the Banks from their idiotic excesses with other peoples money.

Inflation will rise. Food prices are going up. Energy (oil) is not counted into the inflation numbers.

The cut in interest rates is to prevent a nosediving economy. It just might.

I do agree that the next 2 years might be a rough ride.