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  • Phill Fenton

    December 29, 2010 at 9:48 am

    Britain introduced "Quantitative easing" back in March 2009.

    Since then share prices have rocketed! Demonstrating clearly that financial institutions are well aware of the long term inflationary effect of what the government have done to the economy. The value of money is eroding quickly – better to spend it on assets that can be sold again later once the money supply has stabilised