SharperDingaan Posted January 19, 2010 Share Posted January 19, 2010 It would appear that inflation has begun ... http://blogs.telegraph.co.uk/finance/edmundconway/100003084/markets-panicked-about-prospect-of-inflationary-spiral/ Notable is the 'so-far' 25% devaluation of sterling, & that this inflation is coming from the higher cost of basic imports (in sterling). Very similar to the US, but maybe 2-3 months ahead? UK gilts (equiv to US treasuries) are now earning -2.4% in real terms. SD Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now