Tag: Monetary Policy
UBS Issues Hyperinflation Warning For US And UK, Calls It Purely “A Fiscal Phenomenon”
Grimnir Freeman July 18, 2012 Leave a Comment on UBS Issues Hyperinflation Warning For US And UK, Calls It Purely “A Fiscal Phenomenon”
Supposedly warnings about the latent inflationary threat posed by simply ridiculous non-financial debt levels (as presented most recently here yesterday), not to mention financial debt (which as MF Global’s rehypothecated implosion demonstrated so vividly can be any number between minus and plus infinity, thank you London “regulators”) from the blogosphere can be ignored ($15 trillion melting ice cube that is shadow banking which also doubles as the best inflationary buffer known to man, notwithstanding).
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