Quote:
Originally Posted by cykoe6
Inflation is under control now but most of the proposed spending has not yet occurred. Once Obama's huge spending plans kick in then spiraling deficits, rising interest rates, and hyperinflation are a near certainty.  |
They've stated that they've already factored in future inflation into the equation. They've accepted that it's a necessary evil to get us out of the recession. The question is whether they can control that inflation and bring it back to normal. Inflation is much easier to control than the other problems facing the country though.