"inflation isn't a threat either"
Inflation is already happening - money supply is increasing.
Prices are a result of this and lag.
The USD is declining which is driving up the price of Grains, Oil and other commodities are all rising along with Gold - remind you of anything?
We are coming back to where we left off before the great deleveraging following Lehmans - with banks full of toxic assets (still) and banks undercapitalised (still - yes I note the Fed have asked them to top up yet again and the Chinese have obliged) and the US in MORE debt.
More money in the system = more speculation and greed.
It's an easy equation alright.
the big collapse could be very near, page-7
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