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Money in this country will become worth less and less. Inflation should be at an absolute minimum of 30% per year. With the vast majority of money being in the hands of the populace and being taxed at the rate of 50+% it can't be spent by that populace. There is no demand therefor no inflation. The only people who can afford to waste money are people on the dole. When that money becomes worth to little to support them what will they do? They won't go home to die like the widow in the story of Elijah the prophet.

I'm at a loss to see how the economy can respond as long as we have such high taxes. If the government changes and lowers taxes, inflation will take off like a rocket.

Right now cash is a very wonderful thing to have but once the dam breaks it will become worth only a fraction of what it is now.

As I tell everyone, you must protect your wealth with commodities. You must have precious metals or ownership in companies that produce comodities like oil and gas. Real estate is ok as long as you are prepared to hold it. Once inflation hits the prices of realestate will drop like a rock. No body will have enough money to purchase realestate when they are paying 4 or 5 times as much for food, clothing and fuel. People on fixed incomes will go bankrupt. They won't be able to pay for their property, their taxes and necessities. They might be able to live in a room and eat dog food and survive but that will be it.

People probably think I'm nuts but economics was my major in college and I see no way out of this mess. There was a chance until Obama care and quantative easing, but that takes a huge chunk of money out of the economy.

I'm prepared as well as can be expected and I'm still VERY worried.

Obama has put tons of money in the hands of the banks and other financial institutions of his friends, when inflation hits, and it has to, and when realestate drops like a rock, these same institutions will buy up property for pennies on the dollar. If you own comodities then you may be able to participate in the buy up. I highly recommend you store a lot, a whole lot, of commodity storage. Wouldn't it be nice if you only had to purchase very little for a year or two.

Very interesting times we live in. Mr Obama is doing all he can to crash the economy so that he can take it over and “save” everyone. There will be a lot of people clamoring for this saving, just like there was when Hitler took over.

Money in this country will become worth less and less. Inflation should be at an absolute minimum of 30% per year.

If you've ever made an inflation prediction that's actually come about, please share.

Obama has put tons of money in the hands of the banks and other financial institutions of his friends...

Wondering if you've also got a link for some kickback dollar amount to banks any where near what he's given to his fellow union thugs and Marxist activists.