Inflation surges again. I blame QE2 as in quantitative easing. Hey, banks are swimming in cash money. There are those who want things to improve. Well, let us stop the printing press. Too many green pieces of paper.
Inflation is back again. Folks, consumer prices rose. Yeah, a lot more than expected. Hardest hit by inflation were food and energy. This is terrible news. We can expect to really pay at our pump. Peak oil is just the beginning of woe.
Folks, inflation is near. All this talk of deflation did vaporize. Hey, it is all but gone now. Take a look at grocery prices. They just keep on going up. What is the reason? Got two words for you - quantitative easing.
We are running hot our printing press. Lot of fresh new green pieces of paper. Witness gold is at a record high now. It just blasted through the $1300 wall like a hot knife thru cold cream. People, gold is the canary in the coal mine. Hey, we need to be aware. Yeah, be aware of what it is telling us. Inflation is coming.