News Blog > Economics editor of the Torygraph peers into the …
Cash and gilts now. Add in gold after the first leg of the stocks crash. Inflation is a red-herring. Once the economies turn down, inflation will drop too. BTW: Oil is loose cannon and could go in any direction. … Money divided by Quantity of Goods equals Price level. The increase in money supply should have led to inflation already. What has stopped is that it has been diverted into asset prices because of the boom-market frenzy. Our current inflation measures ignore …
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