May 22
Wheelbarrow sales predicted to boom!
The Federal Reserve Bank of Philadelphia warns about “inflation”.
The economy may be at greater risk of inflation than the conventional wisdom indicates,” Plosser said in a speech yesterday in New York. “While inflation expectations appear to remain anchored, we should not become sanguine about our credibility. It can be easily lost.”
Duh! Print a few trillion extra dollars and there “might be inflation”. Geniuses!
What we will face is stagflation, a slow economy and devaluation of money due to excessive government debt and money printing.
Should suck pretty bad, especially since the current crew in office only cares for about 35% of the US population + all of Europe + radical Muslims everywhere.