Tuesday, Apr 17, 2007
With the Pound so strong, how come inflation is rising so fast...?
Safehaven: Whats the Two-Dollar Pound Hiding from the Markets?
British savers are already under water. They'd best hope that Mervyn King makes good on the currency market's expectations of higher rates.
Otherwise, the Pound looks fated to fall - fast - pushing the rate of inflation yet higher again.
Posted by cashisking @ 09:07 PM (141 views) Add Comment
1 Comment
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1. Adam said...
Finally, an economist speaks, there used to be so many economists back in the 80s, why are they all hiding now ?
Afraid to make any predictions or just being kept silent ?
Anyway this article at least argues that we are near some sort of tipping point in the UK economy.