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Is inflation on our doorstep?
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OldMcdonald
Posted 1/16/2014 21:39 (#3610092 - in reply to #3610034)
Subject: Re: Is inflation on our doorstep?


Napanee, Ontario
you got er'. The more they print and debase, 60k dirt might look like a bargain in 50 years.

Farmers are on the right side of the trade on this one. But God help the folks that don't have something real and tangible that will index with the asset inflation...i.e the vast majority of the worlds population.

It's already happening - this unemployed, under earning class of youth of today will have the lowest home ownership in recent history. Good luck buying a 200k home with a call-centre job, or working selling lululemon pants out of a mall with your arts degree and 50 grand of student debt.

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