Hale "Bonddad" Stewart: Inflation Is Getting Worse
Apr 10, 2008 - From the WSJ:
After several years of relative stability, a wave of rising prices is washing over the world economy.
It comes at a most inconvenient time. The Federal Reserve is sharply cutting U.S interest rates -- the opposite of the usual response to rising inflation -- to prevent the housing bust and credit crisis from causing a deep, prolonged recession. That's making the global response to…