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Duh, Gold is almost at an all time high; oil has trippled in 18 months; median home prices have doubled in the last 5 years. Add to this all the spending to finance a war.
Yet, the past 6 months on CNBC, there is virtually no one saying that the inflation genie has been let out of the bottle, because if they preach inflation, it would just make it even worse as people start changing their behavior to mitigate or take advantage of an inflationary environment.
Well let me tell you, with all that my education is worth, 50 cents and a cup of coffee, ITS BAAAACK.
This is the 70's all over again.
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