MSN echoes a Business Insider article reporting the content of a CNBC interview with Wharton economist Jeremy Siegel.
"I'm predicting here that over the next two, three years, we could easily have 20% inflation with this increase in the money supply."
Siegel noted that the total money supply in the US has gone up almost 30% since the start of the year alone.
"That money is not going to disappear. That money is going to find its way into spending and higher prices," Siegel said.
This will be a good time to own appreciating things easily resold, and a bad time to hold shrinking dollars.
