Quote:
Originally Posted by Due
And people complain about 3-5% inflation  |
Its going to get higher than that in USD over the next couple years.
The only people who benifit from freshly printed money are the banks/government. The rest of us pay what is called an inflation tax. This is becuse it takes time for excess money to creep into the system.
Massive government debt, wallstreet bailouts, these are things that will be paid for by consumers through inflation.