Back in June of last year I offered two pounds of applewood bacon as stakes in a
two year wager. The wager is that I believe that inflation plus unemployment will exceed 11.4% in June of 2012.
The current inflation rate is 2% with the Treasury having some difficulty selling its bonds and Social Security going negative. The official unemployment rate is 9.7%.
I'm not preheating the oven yet. But I really like bacon.
I hope for our country that I lose. But if I don't, I get bacon! There's always a bright side.