12 November 2010

Super Rich & Art: Just Another Dollar Hedge

As Helicopter Ben start's his QE2 this week, we get a few nifty articles from across the pond that art sales are setting records in NYC.  

Just more evidence that those who can insulate themselves from a falling dollar, do!  Unfortunately, for those of us left stuck in the middle between those who received government handouts and the inflation shielded wealthy, we get the full brunt of a year over year 90% increase in cotton, 40% in wheat and corn, and a 15% increase in live cattle.  Truly a case of the haves versus the have nots (as much) and of course, those whom trade votes for payola.

Ain't America grand?

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