The attached article from Bloomberg discusses Philadelphia FED President's comments on the threat of inflation from the current 600 Billion in Quantitative Easing. But isn't this the intent? Inflation means that government pays back debt with cheaper dollars and all the government and private pension plans are sorely underfunded due to the 2008 losses. Buy your necessities now if you can, and keep your money in the equity market. As our economist George Dagnino says, "Don't fight the FED!" They are pumping up the asset values on purpose.
-JOHN
If you would like John or Rosemarie Boyd to speak to your group or organization on financial planning or investment strategies contact Rosemarie at rboyd@boydstrategy.com or call her at 508-754-3226. The comments on this blog do not represent individual Investment, Tax or Legal Advice, and do not represent an offer to buy or sell any security. Consult the appropriate professional before acting on any idea seen here.
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