Yes you are correct, the wealthy continue to be getting richer and the poor might not be getting poorer, but there are a lot more of them. The actual inflation rate is much higher than the reported 2-3%, more like 7%. As a result any dollars you hold, are rapidly loosing buying power. Hard assets such as oil, metals and land are your refuge. If the big crunch comes they will only print more money, causing hyper-inflation, making your hard assets look even better. Personally, I hold too many dollars and am actively looking for more land which is not priced near/at the current peak.
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Today's Featured Article - Museum Coverage: The Stuttgart Agricultural Museum - by Cindy Ladage. While cold wind was blowing back in Illinois, in Arkansas, daffodils were in bloom, and the Magnolia trees were adorned with fragrant blossoms. Stuttgart, Arkansas was the site of this year's winter Minneapolis Moline Collector's show February 25-27, 1999. The show was held at the Oliver Museum created by Don Oliver, the pioneer of the four wheel drive tractor. Oliver along with Gale Stroh and Kenneth Bull using Minneapolis Moline tractors and parts created what has become known as
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