Get ready for massive inflation.

[JDPriestly]

That's the only way Bush is going to pay for his plan. Don't think for a minute that he will cut back defense expenditures to pay for the Katrina recovery.

Of course, I may be wrong. There is a good chance Bush's proposal is just hot air that will never be funded. Remember Bush's No Child Left Behind Act for the schools - under funded; the money that was suppose do go to Africa for AIDS relief -- where did it go? I'll believe that Bush intends to pay for the Gulf reconstruction when I see it.

So, if Bush does actually follow through on this, start buying gold and silver, and if he doesn't, expect a political backlash in the Gulf states because they are hurting.

[Trillo]

1. Gold is at a 17-year high, according to an article I read earlier today

or yesterday.

Hyperinflation seems to be in the works.

[applegrove]

2. Nope. Cause lower wages & cost of goods will help fight inflation.

So the cost of fighting inflation is on the backs of the worker. When will the CEOs follow?

[MercutioATC]

3. "Massive inflation"???

Bush has ensured that reconstruction workers in the Gulf will be paid lower wages. Gas prices are back down over much of the country. Aside from certain segments like building materials, what's fueling this "massive inflation" you speak of.

The government borrowing money doesn't cause inflation...

[Elidor]

4. I-bonds

I just bought my first I-bonds not long ago. They're indexed to the rate of inflation. Nifty little idea.