InvestorsHub Logo
Followers 13
Posts 2357
Boards Moderated 0
Alias Born 05/22/2009

Re: ZRock post# 96365

Wednesday, 08/22/2012 2:43:29 PM

Wednesday, August 22, 2012 2:43:29 PM

Post# of 118202
Milton Freedman defined it as "Too many dollars chasing too few goods" ( inflation). Trouble is, the U.S. can't allow inflation because then they won't be able to afford the interest payments on the national debt.

Money can't buy happiness, but it will certainly get you a better class of memories.
- Ronald Reagan

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.