“Federal Reserve Bank of Chicago President Charles Evans urged easier monetary policy around the world, reports Bloomberg. Currently, the People’s Bank of China, the European Central Bank and the Federal Reserve are maintaining slow money growth policies. If these central banks reverse this policy global price inflation could be massive. Indications are that the ECB may go on such a money printing spree soon, and the Fed may do so, perhaps after the election.”
http://www.economicpolicyjournal.com/2012/08/chicago-fed-president-wants-global.html
Related posts:
Swiss war game envisages invasion by bankrupt French
United Nations draws up emergency plan for Syria strike
Tobacco, booze, now sugar: the control freaks happily ban everything
The dangerous drift towards world war in Asia
Slovenia: No Need for Bailout Help?
8 Cities Where 911 Systems Recently Failed
Deep Divides Threaten Egypt's Path Forward
Saudi Prince says Bitcoin is ‘just going to implode one day’
Black Market Drug Site 'Silk Road' Booming: $22 Million In Annual Sales
IRS official caught in tea party scandal retires with $50,000/year pension
China’s state-run TV broadcast of ‘V for Vendetta’ shocks viewers
NSA Spying Sparks Race to Create Offshore Havens for Data Privacy
Patient has 75 per cent of his skull replaced by 3D-printed implant
Public smooching arrest prompts Mexico ‘kiss-in’
Watch: How GPS spoofing can take control of drones and ships