Wednesday, 26 January 2011

This, however, is not a blip

For at least a year UK producer prices have been rising by around 4 percent.

Are there any inflation-deniers left?


Jo said...

Very important to distinguish between price inflation and monetary inflation - I just dont see the latter - in fact everything there is contracting apace.

And that's what worries the ponzi-masters.

Weekend Yachtsman said...

"Are there any inflation-deniers left"?

Yes, Roger Bootle in the Telegraph.

He is wrong, as usual.