This country is printing money at a rate of 14% a year so in just over 5 years all the price will have double but wagers would still be lagging behind as the reported rate of inflation is 3% RUBBISH.Closer to 10% We have inflation because we have too much money chasing to few things to invest in that give a good rate of return. You will see food prices raise by at least 15% this year as investors chase a good return on this item. Gold and silver are also on the menu with a return year on year of 16% for gold and around 18% for silver of which i have both, so i am doing a lot better out of this than if i was in the stock market. The paper money amounts to 6% of total of the money supply as all the rest is electonic and can dissapear as quick as it was created. The USA is losing money at a rate of 10 billion a week because we went off the monitorised system in 1971 ( gold and silver backing ) to the money. The banks can create as much as they like with no value to back it at all. Regards Dennis
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