ANSWERS: 1
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Inflation has been here forever. We have been in a recession for well over a year. The government has been trying to paint a rosier picture by playing with the numbers reported. Almost all reports given to us regarding inflation have core factors, such as energy, food, and housing (or a combination of different core factors) omitted - creating a better picture to the public. If fuel and food prices continue to rise unabated, it is possible a mild depression could be evident within 3 years. 20% umemployment, record foreclosures not seen since the 1930's, and a significant increase in crime.
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