I just had a diabolical thought - run while you can, you've been warned.

[Bossobass]

Electricity Prices Rise Despite Cheaper Costs For Utility Companie

Everything has been climbing at a high single digit to low double digit rate... everything from gasoline to food to insurances to health care costs to taxes and permit fees to building materials to credit interest to banking fees and on and on...

Price inflation is the result of monetary inflation. The bailed out banks are sitting on the bailout cash portion of QE, but the federal government hasn't been. They spend it as fast as they get it.

Someone has been buying trillions of $$ of T-bonds and the Treasury has been spending the cash as fast as it comes in.

 

[osan]

I'm not so sure They can prevent hyperinflation. They can certainly cause it... but not prevent it. If They do not cause the hyperinflation, some central bank in Europe, China, or anywhere really, will dump the dollar and do it for Them.

You may be right, but what if not? What if Theye have discovered some means of precipitating the precise conditions that would make all of us poorer while not affecting them appreciably? Seems unlikely, no? So did powered flight and going to the moon prior to them being done.

 

[TheTexan]

You may be right, but what if not? What if Theye have discovered some means of precipitating the precise conditions that would make all of us poorer while not affecting them appreciably? Seems unlikely, no? So did powered flight and going to the moon prior to them being done.

Then God help us all.

Because ironically enough, hyperinflation is one of the few things that can save this country at this point.