UT you sound very funny when you say things like letting inflation run to help the overleveraged and their debts
it makes property investors sound like people standing in line at a soup kitchen
how about jacking up interest rates to help depositors?
- to live off their savings - make it more attractive for people not to have to rely on the government for welfare - preserve their purchasing power for foreign goods such as oil?
oil prices feed into every cost base in the economy, by letting inflation get out of control you are punishing everyone
the high dollar means we can keep driving our cars
