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Inflation will kill the middle class

Job and home losses might have gotten the middle class sick, but it is inflation that is going to kill it. Everyone is expecting the markets to head higher, dollar to head lower and inflation to be out of control in 2010 and 2011. This does not mean it will happen or it has to happen. The Fed, government and Goldman Sachs can with a flick of the lips and a stroke of the pen change the policies so inflation is kept in check. This however means a falling stock market, so not sure if Goldman Sachs who own the government will let them do that. […]