Inflation Should Be Feared

http://www.nytimes.com/roomfordebate/2012/08/21/should-the-fed-risk-inflation-to-spur-growth/inflation-should-be-feared
 
Should the Fed risk inflation to spur growth? The Fed is already trying as hard as it can to spur growth, and to create some inflation. The Fed has created about two trillion dollars of money, set interest rates to zero, and promised to keep them there for years. It has bought hundreds of billions of long-term government bonds and mortgages in order to drive those rates down to levels not seen in a half a century.

The thing of it is Folks,  Materials and resources are already very expansive for the average Family,  and about to get worse.

Recall the $3000 " Thingamajig " well if $3K in hush money is all it takes we are in deep trouble. With that $3k comes $6 plus gas and much higher food  and energy costs . Be-careful for what you wish for.