Inflation

As I wrote many times in my blog, inflation will set in eventually because of the two economic stimulus packages and the Federal Reserve increasing the money supply, and when inflation does set in it won't be pretty. In this Yahoo News article by Martin Crutsinger, inflation rised unexpectedly in the last month with gas prices rising 15% even though the cost per barrel of oil fell approximately 30%. I suspect we'll see at least a 20% increase in everything overall except housing which still is above an affordable housing price to income ratio. Better write down the names of all the Politicians that voted for both Economic Stimulus Packages because those are the people you'll want to punish when inflation sets in. Let's pray we don't have hyperinflation like Zimbabwe or 1930's Germany.