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<p>[QUOTE=&quot;passantgardant, post: 1995164, member: 30033&quot;]I still don&#039;t know whether Bernanke actually believes what he says or if it&#039;s purely for our benefit, but I don&#039;t know how you can look at the evidence and believe that inflation will pass:</p><p><br /></p><p style="text-align: center"><a href="http://passantgardant.com/blog/65-timeline-of-hyperinflation" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://passantgardant.com/blog/65-timeline-of-hyperinflation" rel="nofollow"><img src="http://passantgardant.com/images/stories/money-gas-gold-debt-history_100-yrs_2011-04-04_600x222.png" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></a></p><p><br /></p><p>It looks to me like we are on an inevitable course at this point.&nbsp; Gasoline needs to reach $5 or $6 per gallon within the near-term (like this summer) just to catch up with the monetary base recently expanded by QE2.&nbsp; And if they (most likely) announce QE3 come June, then it&#039;s unfathomable where that will take things.[/QUOTE]</p><p><br /></p>

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