Reply #5: Here Comes Inflation

[OutNow]

All the money pumped into the system will lead to inflation. I expected it to happen this year, but it looks like it won't hit until the second half of 2010.

It you're old enough, just remember the Ford / Carter years.

Prices go up fast, your salary not so fast.

Home loans - 15 to 20% interest

Credit Card interest - up up and away

Investments - bonds, value goes down, CDs - interest rate goes up - stocks - ?? probably down