- 9,744
We had inflation in the 80's and I expect we'll have a lot in our near future as well, except this time, the world is a different place. Our businesses won't be able to just raise their prices and adjust wages on the next go around, that pain will be felt every time someone goes to the grocery store or to fill up at the pump. If you think times are tough now, wait until you see where we are headed.
Boy are you ever spot on.
For some very interesting further info on these trends, pick up Ron Paul's book End the Fed. Very eye opening!