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quantitative easing

"Fire, Fire in Noah’s Flood’ – are we right to be scared about inflation?

Right now the most commonly submitted question to this blog is about the impact of QE, high budget deficits and zero rates on inflation.  Most people are inclined to think that after a brief period of deflation, largely as a result of lower year on year energy prices, we’re heading into hyperinflation.  I guess my cop out answer to that question is that we just don’t know – it is uncharted terr…

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