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Originally Posted by DDoug
First off this prediction is not from talk shows....
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I'm on the edge of my seat waiting to hear who or what the source is. The source can make all the difference in the world. Having said that, even respected stock analysts have been wrong. This has been talked about many times in the past. Those who were famous for predicting the 1987 crash, were never heard from again. As it turns out, they were just lucky. If a person keeps predicting a crash, sooner or later it will happen. Just give it enough time. During the last several decades of investing, I have been through 3 market crashes. So, yes, they do happen every so many years. However, despite the crashes, my results have been spectacular, in my opinion.
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Take coffee and this is a false increase last year you could buy it for 9.00 for two ibs. now its 14. Study your prices when you go to the store and see the increases.
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Yes, I have seen some absurd prices but I just work around them. There are alternatives. Some prices are going up because of weather conditions etc.. That's not true inflation, that's just because of supply and demand situations.
And when the Federal Reserve says they are going to keep interest rates low for the next 3 years, you can bet there's no inflation on the horizon.
I'm with rubicon. I'm voting for America to regain it's strength. All we need is a president who respects our free market system. Capitalism!