A critical creative look at issues of Economics, Politics and Finding a Purpose in Life - Let's talk about it. I try to leave the woodpile higher than I found it.
Friday, March 02, 2012
In March of 2009 I prophesied that by 2020 the price of a can of soda would rise from one dollar a can then to ten dollars per can in 2020. Inflation is coming and it will be brutal. Does anyone remember dropping a dime in a coke machine and getting a bottle of coke or seven up? I do. That wasn't that long ago. Inflation is a tax and it's right now running ahead of 10% and accelerating. Argentina is where we are headed and there will be no one to bail us out.
Ronald Reagan once famously declared that inflation is a tax, but sadly most Americans did not really grasp what he was talking about. If the American people
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