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Milton J. Madison - An American Refugee Now Living in China, Where Liberty is Ascending

Federalism, Free Markets and the Liberty To Let One's Mind Wander. I Am Very Worried About the Fate of Liberty in the USA, Where Government is Taking people's Lives ____________________________________________________________________________________________ "Extremism in defense of liberty is no vice. Tolerance in the face of tyranny is no virtue." -Barry Goldwater-

Thursday, March 31, 2011

Wal-Mart CEO Bill Simon expects inflation - USATODAY.com

Inflation is coming. The biggest problem is that the central government in a vain attempt to keep housing prices high, has tried and is following a policy to create inflation. But this silliness will probably only achieve inflation in consumer staples since the net affect of trying to inflate has been a serious debasement of the currency. As the currency has weakened, the prices of imported goods have increased when calculated in US$. Best of luck Americans, you will have both stagnation and inflation courtesy of your worse than worthless government.

Wal-Mart CEO Bill Simon expects inflation - USATODAY.com


At 2:39 PM, Anonymous Anonymous said...

That is impossible. There will be very little inflation unless Ben Bernanke says there will be.
What would the CEO of the largest company in the world that makes a living by selling things to consumers know about price inflation.
Just plain scare mongering.
The key to stopping inflation is to print more money.


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