Inflation Only Gets Out of Control if You Let It

March 17, 2012   |   March 2012 Bond Updates
Amity Shlaes warns that, contrary to what you see in the Treasury bond markets, inflation is just around the corner: In 1945, all seemed well: Inflation was 2 percent, at least officially.Within two years that level hit 14 percent. All appeared calm in 1972, too, before inflation jumped to 11 percent by

View more at: http://www.forbes.com/sites/joshbarro/2012/03/16/inflation-only-gets-out-of-control-if-you-let-it/
 
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