Originally Posted by KCTitus
As long as the printing presses keep printing dollars and the Federal Reserve keeps 'buying' them, this is going to continue to happen. This is no surprise. Frankly, the fact that inflation has not yet kicked in is a major surprise.
If anyone else in the bottom '99', like myself, is smart, they'd invest in tangible metals...gold, silver, copper...brass. It's going to hedge against the inflation that occurs when the first treasury auction fails. Then the top 1% that have nothing but dollars will be just as poor as you. Wont that make YOU feel better?
Metals are not an effective hedge against inflation. There's a ton of work out there that demonstrates this.