Inflation at 18%?

If China and Japan do not buy additional debt, the cost for the US government to borrow money will go up (interest rates will rise). 

It should be STRONGLY noted that Japan is only buying SHORT TERM DEBT. America is not able to keep borrowing long term. It is simple as that. 

On a related note, the United States will have to borrow $2.5 trillion this year alone. In addition, the Obama Administration wants to push universal health care at a cost of $1 trillion over 10 years. Additionally, a cap and trade bill will cost Americans trillions of dollars in increased energy costs and inflation for EVERY product requiring transportation.

Now how do we expect to solve this problem with Washington living in a parallel alternative universe? The answer? We can't. We need some tough love for our elected leaders. The questions is, who will be the recipients of tough love, the producers or non producers?

Read the story of inflation predictions here.