For at least a year UK producer prices have been rising by around 4 percent.
Are there any inflation-deniers left?
2 comments:
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.
For at least a year UK producer prices have been rising by around 4 percent. 
2 comments:
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.
"Are there any inflation-deniers left"?
Yes, Roger Bootle in the Telegraph.
He is wrong, as usual.
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