Don't Buy Into the Inflation Scare Robert Reich

[Uncle Joe]

[SWBTATTReg]

1. He makes (RReich) very good points w/ regards to Inflation (not a thing to worry about)...It's

funny, it seems like just yesterday folks were more worried about deflation and the negative impact deflation would have on prices, etc., sort of a Japan model. Thus, I'd rather have the Inflation vs. Deflation...

[PoindexterOglethorpe]

2. Thank you.

I get mighty tired of those here who occasional scream or rant about the rampant hyperinflation that is going to overtake us any day now.

[soldierant]

3. It's not like it's never happened ... but when it has,

it has been a symptom of far deeper problems (which, of course, are much harder to address.)

[PoindexterOglethorpe]

4. Right.

And we've NEVER had hyperinflation in this country. Inflation, yeah. But not hyperinflation.

[stuffmatters]

5. Right. And never understood why raising interest %s isn't itself inflationary.

It certainly is for any regular person/business owner with credit cards, business loans, adj rate mort loans and home credit line loans. I'm not an economist, not even an armchair
economist, but this idea of raising interest to curb inflation has never made sense to me.
It seems pretty big bank centric not consumer or business owner beneficial.

I just don't get it.