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If you doubted that inflation was on its way...
Wookster
Posts: 3,795 Forumite
http://www.theatlantic.com/slideshows/feds/
The Federal Reserve has bought assets 6 times the quantum of the stimulus package :eek:
That's what I call mega inflationary!
The Federal Reserve has bought assets 6 times the quantum of the stimulus package :eek:
That's what I call mega inflationary!
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It's almost time to go into the bunker and don your tinfoil hats............Krusty & Phil Madoff, 1990 - 2007:
"Buy now because house prices only ever go UP, UP, UP."0 -
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It is when you look at the magnitude of these numbers, it completely beggars belief that this is all simply going to work out fine and that we are now on the road to recovery.0
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6 times the quantum of the stimulus package
Wouldn't have been simpler just to say 6 times the total amount ??'In nature, there are neither rewards nor punishments - there are Consequences.'0 -
Wouldn't have been simpler just to say 6 times the total amount ??
not dramatic enough.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
The Federal Reserve has bought assets
Does that mean that when they sell the assets it will be 'mega' deflationary ??'In nature, there are neither rewards nor punishments - there are Consequences.'0 -
Simpler yes, but not nearly as stylish.
Note to self: use "quantum" and "stimulus" twice a day from now on.0 -
And since we're talking trillions, that's gone beyond mega-inflationary, through giga-inflationary, and into the realms of tera-inflationary!0
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Where is Dopester when you need him
Wookie is on one again.
Dopester, remember the inflation discussions with !!!!!! :rolleyes: last summer when he was insisting that falling sterling would cause immediate inflation even though commodity prices were collapsing. I think he wanted to up interest rates, just like most of the
bears, we would be right in the sticky stuff now if we had done that.'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0
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