Tag Archives: QE

The subtle Cantillon effects of inflation

The biggest problem with increases in the money supply is not that it causes a rises in prices – that monetary inflation can cause price inflation – for this is what we would expect to happen in most cases. Rather, … Continue reading

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Pot meets kettle

Something went very wrong with the UK banking industry and we need to put it right. If only Mervyn King would apply his comments to the organisation he leads… the organisation responsible for boom and bust via the manipulation of … Continue reading

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