Monday, August 25, 2008

Inflation Blame

CNN says Economists are more concerned about inflation than they were before.

Yet, the article focuses on rising oil prices followed by the actions of the Federal Reserve, which without a doubt are a part of the story.

I am baffled, however, by the fact that the government arbitrarily printed up $600 checks and sent them to virtually everyone this year receives zero attention for possibly having something to do with it. Printing money is printing money, even if it is printing it on a check.

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