Making boomerite more expensive. If Bernanke keeps running the presses to cover Barry’s wild spending spree, maybe Joe will be able use ground up dollars to make fireballs.

4 Responses to “Inflation”

  1. Armchair says:

    It’s hard to support the U.S. treasury through buying its bonds when you don’t actually buy their bonds. The Fed is buying MBS mostly not treasury securities. the “market” is funding barry

    • asdf says:

      Hey, if that’s what it takes for me to get a refinance at less than 4%, so be it! And my credit card debt looks like a smart move too!

  2. Joe Huffman says:

    Hmmm… this year we used about $50 of fuel. 50 one dollar bills wouldn’t really compare. Maybe 5000 would.

    I should do the calculations to see what the price of gasoline needs to be such that we would get more Joules from a dollar bill than we do from a dollar of gasoline.

  3. Arnie says:

    I’ve been buying gold since 1999 (the y2k thing, remember?). In 2001 that seemed foolish, but now those look like prudent purchases. But the government economists say there is no inflation! Every time they say that, I buy another ounce!