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Coffee, Sugar, Gas, Gold & Silver Going Up
On NPR tonight the report that Bernanke's risky $600B infusion of cheap money into the economy so far is having the opposite effect. Commodities have risen in price in the week since the new "stimulus" money came into being. They reported silver has risen $2 an ounce, coffee rose in price by $.50 and sugar, gold and gasoline prices have also risen. It seems investors are less confident in American dollars and more confident that the price of goods is going to rise.
What will it take for our president to ask our federal government and banking system to please stop the bleeding?!? Leave the system alone and the system will correct itself!
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When a newspaper posed the question, "What's Wrong with the World?" G. K. Chesterton reputedly wrote a brief letter in response: "Dear Sirs: I am. Sincerely Yours, G. K. Chesterton." That is the attitude of someone who has grasped the message of Jesus.
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