22 September 2008

Food For Thought

Oil just jumped over $20 a barrell today. Looks like people are responding to the potential jump in inflation due to the federal government's decision to tack on $1 trillion in debt to "save" the financial system and the economy. In case you cannot tell, I'm not very confident that current actions by the Federal Reserve, Treasury, and Congress are going to "save" anything. It's looking more and more like the implications of decisions to assauge current issues will seriously endanger our long-run economic stability. So what's next?

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