1. Latest News
  2. Submit Press Release
  1. PR Home
  2. Latest News
  3. Feeds
  4. Alerts
  5. Submit Free Press Release
  6. Journalist Account
  7. PRNewswire Distribution

How will the $1 Trillion deficit affect You---What can You do about the deficit and inflation?

Bernarr Pardo posted a video, "Possible Inflation Scenario in the US?", on his blog detailing one possible inflation scenario. Many believe that the $1 Trillion dollar deficit will trigger massive inflation in the US.

 
PRLog - Jan. 24, 2011 - Bernarr Pardo, as many others, notes that the $1 Trillion deficit will likely have a significant inflationary effect. He posted a video, "Possible Inflation Scenario in the US?",  on his blog detailing one possible inflation scenario.

According to the Daily Wealth newsletter: "Now, the man on the street uses the term "inflation" to mean when prices for everything seem to go up. Or put another way, inflation is when the dollars in his pocket buy less. In truth, this is the effect of inflation. The root cause is simply money printing. When you print more money, that money has less value than if you didn't print any new money at all."

So what we are seeing with rising commodity prices is not only the supply and demand story I led off with. It's also the effect of paper money losing its purchasing power in the real world of things. This, too, was easy enough to see. Finally, all that money printing – the "quantitative easing" baloney you've heard about – is coming home to roost."

There has already been large price increases in commodities over the past year. One economist noted "If you measure the stock market not in dollars but gold, it is down 80% since 1999."

Bernarr suggests considering investments in gold and silver as a hedge against inflation. Also he suggests investments in foreign currencies of countries that have a large economic basis in commodities.
See the video and his comments at http://investingbasicsguide.com/

--- End ---

Click to Share

Contact Email:
***@newprosperityandhealth.net Email Verified
Source:Bernarr Pardo
Phone:760-723-4399
Zip:92028
City/Town:Fallbrook - California - United States
Industry:Finance, Business, Education
Tags:wealth, Finance, money management, investing, economy, inflation, deficit, currenty
Shortcut:prlog.org/11246674
Disclaimer:   Issuers of the press releases are solely responsible for the content of their press releases. PRLog can't be held liable for the content posted by others.   Report Abuse

Trending News...



  1. SiteMap
  2. Privacy Policy
  3. Terms of Service
  4. Copyright Notice
  5. About
  6. Advertise
Like PRLog?
9K2K1K
Click to Share