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Worldwide Inflation Is Hitting Home

By Implode-Explode Heavy Industries

``The Fed would love to see more inflation because they confuse price inflation with economic expansion. This is of course a serious error that they make. They will continue to pump money into the system through quantitative easing. They believe that as long as wages remain subdued and as long as capacity utilization remains low, they can print money without fearing significant price inflation. But that is about to change.''

Full post as published by Mortgage Lender Implode-o-Meter on March 21, 2011 (boomark / email).