RE: Wow...This is a no brainer!!Great article Stockinup, especially this paragraph...
"Perhaps the most important reason to be skeptical of government inflation numbers is that the government, like a fox campaigning to guard a hen house, has many reasons to be disingenuous. As the world's largest debtor, the Federal Government, is inflation's primary beneficiary. More importantly, for America's bubble economy to continue expanding, politicians must keep consumers borrowing and spending. By transferring wealth from creditors to debtors, inflation helps makes this possible. For debtors, inflation reduces the real burden of debt service, while simultaneously increasing the prices of their assets, particularly their houses. Unfortunately for creditors, the vast majority of American voters are debtors, and monetary policy is therefore conducted specifically to benefit the latter. Considering the fact that so many creditors are foreigners, and therefore ineligible to vote, this amounts to a political no-brainer."
Regards, DH