Nice job Partypup. This is something I’ve been trying to get people to understand: Hyperinflation will not save you unless it makes it into your wages!!! Even then, there are severe side effects.
I hate to say it but Partypup is probably correct. I was willing to give the Fed the benefit of the doubt prior to Tuesday. Not anymore.
People, there is a War on Savers being waged right now. The front line of that war is the housing market in bubble locales.