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Re: swikey post# 12000

Wednesday, 10/22/2014 3:12:22 PM

Wednesday, October 22, 2014 3:12:22 PM

Post# of 15249
I'm pretty frustrated about the EPC not getting done by the end of the year but overall I think the news is good. Although it is yet another test of my patience.

I'm not concerned with inflation much less hyperinflation in the near term. Deflation remains the biggest threat to our economy, hence the Feds quantitative easing. I think the Fed is close to ending QE so we'll see what happens but I still think a deflationary crash is more likely than high inflation for the next couple of years.

Here's a good article on current and projected inflation rate & the Fed
http://www.bloomberg.com/news/2014-10-10/fed-aim-off-target-as-inflation-descends-near-danger-zone.html

Basically as long as the economy continues to stink deflation is the big threat. If the economy really starts to rock & roll say hello to inflation. I don't think that's going to happen anytime soon.