Inflation is back with a vengeance

As you have observed yourself while shopping, it seems like the price of everything is going up, especially food and gasoline. Here's an interesting article that states it could get much worse. If only the Fed would stop the printing presses and adopt a sound monetary policy. Only if . . .

Have we arrived at the endgame?

Monetary policy is pretty fascinating, and from what I've been reading all year, we need to revamp it here in the U.S. Good article from a 2005 edition of The Free Market, published by the Mises Institute. What will happen to the dollar in 2008? What about inflation? I'll make a Christmas/New Year's prediction: inflation hits at least 10%, maybe as high as 14%. I'm hanging on to my gold coins, and only buying 1 month CD's.

Disco's not back, but inflation is

A woman wrote a letter to the editor and it appeared in today's Houston Chronicle. She's confused because helicopter Ben Bernanke, Larry Kudlow, and others are telling her everything's fine and that inflation is under control.

But she said she went to the grocery store, and now a 10 lb. bag of potatoes is $3.78, not the $2.48 she was paying. And that small loaf of bread she was paying 58 cents for is now $1.18. Finally, she's upset that Doritos are now $3.17 instead of the $2.50 she was paying.

Come now, dear, the government measures "core" inflation. It takes out food and gas prices. Once they do that, inflation is under control! So don't worry, just vote for another Republicrat who doesn't get it and won't do anything about it. Or vote for Ron Paul, he understands what you're going through and he understands economics.