That illustrates the problems with conservatives. They sound as if they were born yesterday.

Our currency went in the dumpster quite some time ago, the run up in gold and oil should have clued you in several years ago. Folks like me saw this coming back in 2000.

Now, after a lost decade conservatives still don't get it.
To get rid of the Bush deficit legacy our currency is going to become a lot less valuable over the coming years. Call it the Dubya Tax...it hits those of us who actually saved, not the dipsticks that overleveraged themselves in a "ownership society" that was really a "debtor society"...now a "receivership society."
There is only so long the Fed and the rest of the world can hold down our interest rates. The future was mortgaged over the past 8 years...we're just renting until the Chinese foreclose.
What we need is Volcker calling the shots IF/when we pull out of this recession. He's the one that deserves credit for slaying stagflation back in the 80's. There's a whole lotta elephant manure to clean up.
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