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To: Zakeet
from the article...

“...the negative consequence (higher inflation) is about to hit lift off.”

About to? Gas was $1.86 a gallon when Hussein Obama took office. Now its $3.17 a gallon where I live. That’s a 70% increase.

Last year a baked chicken was $4.99 at my local Walmart. Now it is $5.99. That’s a 20% increase in a year.

With the printing presses running non-stop, this will only get worse. Currency debasement is a cancer that will eventually cause the death of the economy.

17 posted on 11/12/2012 1:55:55 PM PST by Gabrial (The nightmare will continue as long as the nightmare is in the Whitehouse.)
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To: Gabrial

Well, the standard poor man’s protein-peanut butter was $1.00 now it is $2.25. That’s 125%.

Of course, food and gas aren’t included in Cola calculations.

So far the money printing propped up the market. How much longer before a 1929 or 2008 crash or worse?


26 posted on 11/12/2012 2:08:06 PM PST by greeneyes (Moderation in defense of your country is NO virtue. Let Freedom Ring.)
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