Could you imagine if every American spent like the government has this year? Most Americans have a credit card in their wallet and some many more. What I am getting at is most people have the opportunity to spend money they currently do not have, but understand that spending has consequences. When someone becomes swipe happy, overtime one will become overwhelmed with debt causing him or her to fail or go to jail. So why is the government acting so foolish. This is not the case with government. A government cannot go to jail for spending but can cause serious consequences for the American people. The one thing that often comes with spending is inflation. Many people are very unaware of this, and continuously watch the stock market go up and the unemployment rate drop .2% and believe the recession is over. Gold is still going up but the dollar is falling, creating the perfect storm for inflation. I am not just accusing the current president because it goes beyond him and beyond parties. Is it too late? Well it is never too late to change something but a lot of damage is already done. I am hoping that we, as Americans wake up soon, stop living on a high, and realize that inflation will come. I am predicting that we over the next 10 months we will continue to see the American economy improve. After the next 10 months, major inflation will kick in and have us right back where we were in the beginning of 2009.
I dedicate this to my good friend Kelsey Riley.
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