3.5% Inflation Shatters Deflation Illusion

So have you stocked up on beans or gold yet?  Have you taken Guido’s advice?

The Governor of the Bank of England now has to write an open letter to the Chancellor. This is Mervyn King’s sixth such letter in seven years.  Perhaps he will recommend stocking up on commodities.  Don’t forget we have a serious chance of a double-dip recession on the horizon.  And still we have no pro-growth policies from the government, only over-spending and over-borrowing…




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Quote of the Day

Michael Gove to the Commons on Trident:

“The unilateralists opposite complaining today are in the position of eunuchs complaining about the cost of Viagra.”

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