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Sunday, January 9, 2011

Inflation Coming?

Old bald Uncle Ben says that flooding the economy with billions of newly minted $100 bills won't lead to inflation. Then why is the price of cotton 100% higher than a year ago? Silver 70% higher. Corn, wheat and coffee are all up 50% and there is more, a lot more.

The advice we gave in The Great Recession Conspiracy looks better every day, i.e., a borrower not a lender be. Let inflation pay off your debts.

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