The Fed is printing more money to satisfy Washington’s runaway spending and hopefully prop up an ailing economy.
I’ll leave the merits and menaces of QE2 — and the nautical puns — up to those on the rest of the Internet. The bottom line is that regardless of whether another round of quantitative easing is a success or failure, the result will be the eventual rise of inflation and devaluation of the dollar.
To help investors prepare their portfolios, here’s a 10-step inflation survival guide.
10-step inflation survival guide