skol you say about there being no inflation!! what about the inflated prices for shares on the DOW. they are not meeting earnings targets, the analysts even dropping the bar for them, yet the stock prices soar, and you saw how the asset classes and currencies were affected by the thoughts of taper. this is INFLATION. its just not showing in all areas due to a reworking on the calculation, also the same for the way the gdp figure is calculated. its smoke an mirrors and there already is inflation. emerging markets currencies were shaking even at the rumour of the money tap being turned off, and the longer it goes on the worse the debt will be, its not going to stop from a muddling growth level, stubborn job vacancies and another round of debt ceiling debates to look forwards to. this is not a benign action the FED is taking and the consequences are going to be worse than 2008/9
