The inflation numbers have been obviously fudged Dub.
Who knows how long it's been going on. Incredible to think how the entire US economy is built on debt and the explanding money supply.
The following video explains how the Fed expands the money base in laymans terms:
http://video.google.com/videoplay?docid=7065205277695921912
Fast forward to about 7 mins.
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- ASX - General
- fed is inflating at 341 per cent per year ..