Saturday, November 13, 2010

NIA President: Beware of Massive Food Inflation

The truth is somewhere between the NIA's crazy forecast and what the modest government inflation figures show. Get ready to pay a LOT more.

Surely you don't believe the government's cheeky little CPI data that says inflation is running below 2%. That data is held in check to keep Social Security cost of living increases low (or at 0 the last two years). Real inflation is actually running at about 5%.

1 comment:

Micah Dixon said...

I do believe inflation is coming like a freight train. I say jump into Gold for some protection.