Michael Pento tells Eric of King World News:
“I can guarantee you this, Eric, if the Fed’s metric of inflation says we are rising at 2%, I promise you it’s closer to 7%, 8% or 9% in real terms. So the middle class is going to be wiped out. People are going to see their savings and their underlying net worth being systematically destroyed.
"We are going to engender a bubble that is ten times bigger than the real estate bubble and I’ll name that bubble, it’s the bubble in US Treasuries and in sovereign debt. The eventual collapse in that bubble is going to dwarf anything we have seen to date in this ongoing financial crisis."
[I don't know that it will go that high, though it's possible and probably more likely that the gov will fix the numbers to their end, but I do agree that it will very likely be double of the Feds target.]