Inflation Warning!!!   Inflation is already "baked into the cake" You need to protect yourself now! Wars almost by definition are inflationary. This has been true since almost the beginning of time. Inflation is determined by the quantity of goods vs. the available money supply. See The Definition of Inflation The very nature of War results in the destruction of goods.  But in normal times money is spent to produce goods which makes the world a richer place. During a war, however, things are produced but... they are not productive things but destructive. The money is spent to destroy things. Often this is combined with an increase in the money supply in order to pay for the … [Read more...]