Thursday, June 11, 2009

Inflation on the Way

Mark my words: serious inflation, probably stagflation, is on the way.

Why do I so pontificate with such confidence/despair? These two charts.

You have been warned.

1 comment:

Matthew said...

I have made a public bet over on my blog. Inflation + unemployment combined will be greater in 2012 than today. The stakes are quite high for the bet. So far, I've only found one person willing to take it.