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a place to converse, virtually, on a variety of topics, bringing together multiple strands to encourage, question, challenge, ponder, and edify. A cord of three strands is not quickly torn apart. (Eccl. 4.12)

Sunday, April 26, 2009

Here comes (hyper) inflation?

Wow, take a look at this research, published by the Federal Reserve itself: Economic Research - Federal Reserve Bank of St Louis. If that does not take your breath away, adjust the chart to look at "Percent Change" or "Compounded Annual Rate of Change". It sure seems that someone is playing loose and free with the United States monetary policy, and that inflation will have to be the natural consequence.
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