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<p>[QUOTE="Cloudsweeper99, post: 1024935, member: 3011"]According to the Federal Reserve website, year to date M1 is up around 6% and M2 is up around 3%. The data doesn't support the bloggers. Another thing to consider is that problems with rising debts have historically be associated with deflation, not inflation. Also, the Fed is far better at managing these things today than central banks have been in the past. Will we have hyperinflation or deflation? I put the odds at 50/50 so it is best to be prepared for both.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 1024935, member: 3011"]According to the Federal Reserve website, year to date M1 is up around 6% and M2 is up around 3%. The data doesn't support the bloggers. Another thing to consider is that problems with rising debts have historically be associated with deflation, not inflation. Also, the Fed is far better at managing these things today than central banks have been in the past. Will we have hyperinflation or deflation? I put the odds at 50/50 so it is best to be prepared for both.[/QUOTE]
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