Stock market crash was forseeable, now comes Inflation

http://www.guardian.co.uk/commentisfree/2008/oct/08/inflation.banking



This is the "best case scenario"


Monetary authorities around the world are now focused on trying to ensure that we avoid the fate of the United States in the Great Depression of the 1930s, when output fell by over 30%. Instead, their hope is that the recession to come is more like the early 1970s, when western economies shrank by 5% to 10%. Painful but not catastrophic.

One of the benefits of the venerable strategy of stockpiling is such inflation is avoided, by buying in quantity now, the Alpha Strategist will miss the pain of losing 10 dollars on every 100 dollars.

The real irony of this is, people who are "savers" the few and far between people who put their money in the bank, are about to lose their shirts from both inflation driven loss of purchasing power AND the increase in Capital Gains taxes.

Truly, inflation is a Govt best friend, and "Joe or Jane Average" worst enemy.

And what is the largest tidal wave to hit, Seniors on fixed Social Security incomes will not have their benefits increased 10%, try 4% maximum, literally, Seniors and the Retired will face the hawk and buzzard for a couple of years.

Buy, Buy Now, Buy in Bulk, Avoid all of this by using the Alpha Strategy.