John Galt III
Thinks s/he gets paid by the post
- Joined
- Oct 19, 2008
- Messages
- 2,799
Maybe someone has already discussed this. If so I could not find it on the forum search.
What are the chances that in 2010 there will be high inflation, say over 10 percent, but low yields, like the current, around 2 percent, on CD's and savings accounts, and other "safe" investments?
I know the conventional wisdom is that interest rates go up when inflation goes up, but could the government engineer things so that interest rates remain low, while inflation rages ?
I am hoping for the silver lining of higher rates for my CD's if inflation takes off.
Thanks
What are the chances that in 2010 there will be high inflation, say over 10 percent, but low yields, like the current, around 2 percent, on CD's and savings accounts, and other "safe" investments?
I know the conventional wisdom is that interest rates go up when inflation goes up, but could the government engineer things so that interest rates remain low, while inflation rages ?
I am hoping for the silver lining of higher rates for my CD's if inflation takes off.
Thanks