Saturday 6 November 2010

UK economy in danger of being sucked into Ben Bernanke's great inflation

Telegraph
"The great inflation is under way, its source is the US but we are close to being sucked in too. Investors are fleeing into equities as a hedge against inflation. The US is now being run by experimental economics, a $600bn (£372bn) experiment to be precise as Ben Bernanke, chairman of the US Federal Reserve, hopes to re-float the sunken American property market and punish savers, transferring wealth to debtors through negative real interest rates. "

No comments: