Inflation is what the F*ck's going on the with the Economy right now
And everyone knows printing baseless currency is the last refuge of failed economic and banana republics
Well, given the events that have unfolded the past months I'll stand by that assertion I made back in November. Not to say the Fed's printing Monopoly money has been completely responsible for the food riots in the Middle east and soaring prices at the gas pumps, but it didn't help. Of course we haven't seen wage inflation or monetary inflation which makes it all the worse. But get ready, because QE3 is coming and then probably QE4. Yeah! Let's issue a bunch of government treasuries that noone wants to buy.