MONEY: Higher inflation on the horizon

http://www.lewrockwell.com/french/french59.html

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The Fed has been creating money at a phenomenal clip all year with the M-3 (that government no longer reports, but economist John Williams does on Shadowstats.com) growing at a 14-percent rate, a 34-year high.

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Although it appears for now the Bernanke Fed is way behind Mugabe’s Reserve Bank of Zimbabwe in the inflation race, the man tracking the numbers at Shadowstats, believes “the onset of hyperinflation [in America] remains most likely at least several years in the future,” an unappetizing prospect.

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Seems like preparing for higher inflation makes sense.

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