Smart Energy Alternatives

Hi folks . . . more news from the front lines of Peak Oil, inflation, debt and survival. News reports indicate that "fears" of inflation are causing a decline in stock prices. [Read article] The article notes that the Fed might "continue boosting rates to stem demand and battle inflation."

Great point, but one we at Smart Energy Alternatives disgree with. We've asserted for a long time now that the rate increases which we've predicted are caused by the devaluation of the dollar through printing of fiat currency at will. This devalues the dollar and thus foreign interests wanes as dollar holdings lose values vis-a-vis foreign currencies. Thus, to increase foreign investor demand for dollars and prevent further dumping of T-bills on the open market, interest rates must rise to improve the return on investment for holding the depreciating dollar.

The news on inflation is coming so quickly at this point we won't be able to address all the various articles, but we will keep you informed of what is happening.

We'll soon have some features on the current state of Peak Oil, debt and protecting your family before the crisis hits critical mode.

Take care.

Smart Energy Alternatives

posted by LiveWithoutLimits @ 1:25 PM