Wednesday, November 3, 2010

Inlfation in 2012

"By 2012, the unprecedented stimulus would probably cause inflation excluding food and energy to exceed 2 percent, beyond the Fed’s preferred range, according to seven economists surveyed, including Stephen Stanley, chief economist at Pierpont Securities LLC in Stamford, Connecticut."

Great, so what hes saying is that when you wake up for breakfast, go eat lunch, and then feed your families at dinner, these prices will be out of control. Throw in driving to work and pump prices, and heating your homes. Other than THAT, inflation will remain high at 2%!!??

Is this a JOKE?

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