Market Watch with Tom Waitt

March_30th_2011.mp3 Rising Inflation?    Inflation is described as too many dollars chasing too few goods; inversely Deflation is too many goods for too few dollars. Soaring commodity prices have the media and market pundits warning of rising interest rates and soaring inflation.   Interest Rates and Inflation (Click For Larger Picture) Which environment would you like to be in? If you have the goods people are rushing to buy like oil or gold or I-Pads your O.K. If on the other hand you are flush with real estate in an oil soiled beach in Florida; not so good. Many analysts warn that the current easy money policy by global central banks will devalue currency and push commodities including food stock to levels unaffordable by many already unemployed. Cotton prices have soared to levels not seen since the U.S. Civil War. Gold has hit record highs; Oil remains above $100 a barrel. Commodity prices are rising, forcing your grocery bill higher. Is inflation a problem? From 1914 until