Inflation figures

WTF?_2

StevieJ wrote: »

Now is as good a time as any.

I don't think so - my cash will be used to buy a house. As far as that market goes, I don't foresee any rapid turnaround in inflation to the extent where it will support house prices in the next six months to a year but it is a possibility. IMO 2010 still remains the time to look, though maybe with a bit more urgency as inflation rather than stagnation is now the more likely outcome following the bottoming out.

Of course, I'll be keeping an eye on things in the meantime in case events happen more rapidly. Supposedly the fed has already pumped $4.3 trillion into the markets -

http://www.cnbc.com/id/27719011

Given the speed at which the federal government is throwing money at the financial crisis, the average taxpayer, never mind member of Congress, might not be faulted for losing track.CNBC, however, has been paying very close attention and keeping a running tally of actual spending as well as the commitments involved.
Try $4.28 trillion dollars. That's $4,284,500,000,000 and more than what was spent on WW II, if adjusted for inflation, based on our computations from a variety of estimates and sources*.

- no telling when that and all the other monetary relaxation and government bailouts around the world might make their presence felt.