Comment

Stock Market Yo-Yo Watch

257
yma o hyd3/05/2009 11:35:06 am PST

re: #211 Kenneth

That’s a sure fire sign the gov’t is moving to a pro-inflation policy. The only other choice is a rapid deflation, which would lead to widespread default and a collapse of the British pound.

is near equity with the Euro already - and the latest news is that food prices are going up.
Inflationary monetary policy with the lowest interest rates ever - well, looks like we’re going to stagflation - just like in the late 1970s. That was another Labour government …
Then came Maggie.

Interesting times.