“I don’t care what happens as long as it produces 10% or better returns on CD’s.”

You’re kidding, right? If I put $1M in a 1-year CD paying 10%, I have $1.1M a year later, or only $1.06 once Uncle Sam taxes my interest income.

Problem is, in the high-inflation environment Ben Bernanke is concocting, the price of gold, oil, Euros, gasoline, new cars, etc., etc., may well increase by more than the 6.5% after-tax return that you get from your 10% CD.

What’s the point of having more dollars in 2008 if they’ll have less purchasing power than in 2007?