« Out Of the Breach! Prince Hal! | Main | The Imperial Long Emergency »



Expect the fed to print another trillion or ten and cut short term rates to Japan's level. The fed can care less about inflation at this point and it shows. When short term rates are less than 1% and inflation rages above 15% (with Food and Energy more at 40%) is when the rest of the world (China and Middle East especially) will dump all remaining US Treasuries and Corporate Bonds simultaneously causing the collapse of the dollar and hyperinflation in food and energy. Prices for food and energy could easily triple from current highs by year end while wages actually decline in the US. As the equity market declines and more cheap loans made available will continue to dog pile into critical commodities like wheat, corn, soybeans and oil.

Credit Expert

Just wanted to say great blog and I too love Adobe Photoshop. It's the best!

The comments to this entry are closed.