Here’s a simple rule to remember about inflation:
Low interest rates mean HIGH inflation. That means when rates are low there’s a high supply of money. More money in circulation means every dollar you hold is worth less.
The more money Ben Bernanke prints, the worse it gets for all of us. When interest rates rise, and they inevitably always will, that means only one thing.
The interest rate on money Congress borrowed from The Federal Reserve (Ben Bernanke) is going to go up. That means Congress won’t be able to make their interest payments to The Fed. That means your taxes are going to go up.
For the real scoop on inflation, and a whole lot more, check out: shadowstats.com
To Your Financial Education,
Greg Whitaker
