Inflationary Wild Fire in America
The consumer price index that will be released tomorrow will probably rise a lot less than 3.2% on a monthly basis, but it also seems likely to rise a lot more than the 0.6% estimate of most analysts.
So, at a time when inflationary pressures are getting worse and worse, what does the Federal Reserve and "Helicopter Bernanke" do? They take more measures to increase the already abundant liquidity, including interest rate cuts, ensuring continued debasement of the dollar. That is why I think everyone who can should get out of the dollar ASAP. That currency is going to hell in a hand basket.