It is the UK, of course. Quantitative easing does exactly what economic theory would predict. If the Bank of England prints more money, the inflation rate increases.
6 comments:
The Lord Essex
said...
The inflation rates in all countries have a clear upward trend. So much for deflation.....
That the house price crash hasn't occurred, as you predicted, is down to the fact that no-one ever envisaged the lengths to which they would try to avoid it.
6 comments:
The inflation rates in all countries have a clear upward trend. So much for deflation.....
Of course. You're right, Alice.
That the house price crash hasn't occurred, as you predicted, is down to the fact that no-one ever envisaged the lengths to which they would try to avoid it.
Buy buy buy - stocks.
Sell sell sell - gilts.
But...can it really be that obvious?
oy vey the plan is working !!!
The plan seems to be working everywhere
Japan has stopped deflating. Yay...!
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