Originally Posted by J Diddy
I have a basic understanding of inflation. Please indicate where you feel it will be a problem.
Inflation will not be a problem for a while simply because the pendulum has swung so far in one direction it will take a while for it to swing back to the other.
Our economy not only could withstand higher interest rates we actually NEED higher interest rates for a vast amount of reasons. It benefits our society in so many ways at so many levels.
Basically at this point a stronger $ eliminates the hidden tax we have all been paying for quite some time.