Quote:
Originally Posted by 732002
If inflation does get high the Fed can take steps to
slow inflation, like raising the prime rate. Out of control
inflation is not inevitable.
Most economist say that low 3% inflation is ideal.
It is a popular misconception that any inflation is bad.
Probably because so many of us can remember the 70's
compared to the 30's.
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I wish growth would get up to 3%, it's closer to 1% at the moment. This low growth is part of what is driving the commodities market, because cash has no place else to go. The second that the market starts looking healthy, everyone will dump the commodities and get back into the market... bye, bye bubble.