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Amusing Quote About Inflation on NBR

  • May 20, 2006

I heard a rather amusing quote about inflation by John Waggoner, Mutual Fund Columnist, USA Today on the Nightly Business Report yesterday and thought I would share it with all of you.

Ask most economists about inflation, and they`ll tell you there is no inflation, except in energy and health care and housing. So as long as you don`t have a car, a cough or a roof, you have nothing to worry about.

You can read his thoughts on “Inflation Proofing your Portfolio” here.