October 6, 2010

Inflation to Make All Americans Billionaires By 2020

One of the Federal Reserve's original stated purposes was to manage the nation's money supply through monetary policy that provides for stable prices without inflation or deflation. Shocking just about the whole world except for NIA members, the Federal Reserve this past week shifted its purpose from being an inflation fighter to now being an inflation advocate.

Read this interesting article from The National Inflation Association on how Americans may be billionaires before long. [link to gt4goaway]