Now that is inflation! $200 – Piggington's Econo-Almanac

August 29, 2007 at 1:17 AM #82362

Participant

Now that is inflation! $200 is chasing a DVD player that was $100 before due to excess demand over supply.
… and it is created by the FED, who loaned $200 to your neighbor. If the credit was not available to him, the price would have never risen.

Good example indeed.