Quote:
|
Originally Posted by hi_im_god
http://www.latimes.com/business/la-f...tory?track=rss
almost 1 year into the great derbytrail hyperinflation scare of 2009.
trillion's spent to prevent a depression.
no depression. and no hyperinflation. the fed apparently getting ready to raise interest rates later this year.
which i assume will please the inflation hawks.
it's good to know that the solid people at derbytrail nailed this one so well. i enjoy reading all the recent "there was never any chance of a depression and this was all a socialist plot." posts almost as much as this thread.
|
If they raise rates this year I would be surprised. The effects would be pretty awful.