For some time now I have been posting about what I perceive as the coming debt devaluating inflation. There has been some,but the big 6 or 7% annual rate has not yet occurred.
I had concluded that the reason was there is no wage inflation vector to drive other prices up. There are several attempts by the Democrat surrogate Mc Donalds workers and minimum wage wanters but they are unsuccessful.
It is now dawning on me that the inflation vehicle is Obamacare. The rise in healthcare insurance all across the board will force across the board wage increases in spite of unemployment. Once begun, there will be no end. A massive wage inflation will begin by the middle of next year and will form the election debate. “There are no problems that can not be solved by greedy businesses paying a living wage” will be the mantra
Obamacare is the debt destroying instrument of our government
Inflation is a universal tax that no one can escape, except the printing press operators.