Tuesday, June 2, 2009

China is Concerned About Inflation

Here's an interesting post on inflation/deflation with helpful charts.
http://www.escapesomewhere.com/austinblog/2009/04/massive_inflation_is_coming.html
Below is my comment back.
Great post! Thanks for posting the charts to back up your points. I thought the meeting in China with Timothy Geithner also foreshadowed the coming inflation. The point that Chinese ecnonomist Yu made when he asked Geithner to show him the math on how the U.S. intends to keep our currency strong in spite of the Federal Reserve's massive influx of currency into the system. Brace yourselves America, inflation is coming and real estate is coming back with it.
Fred Foothill Ranch, CA

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