Quote:
Originally Posted by Mircea
University data shows 2-3 years (2010-2011) depending on the rate of Cost Inflation. If commodity markets remain stable, 2 years, if prices rise sharply, 3 years.
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But the predictions don't take into account government intervention which could make the problem either worse or less than predicted.
We don't know what the Fed will pull out of it's hat tomorrow.
Yesterday was a cut in rates.
Today is partial ownership in banks.
Who knows what is next..but it could definitely skew predictions.