Putting Growth before inflation will ruin us

[Mega]

http://www.telegraph.co.uk/finance/c...l-ruin-us.html

Mega's thoughts:-
I grew up during the 70's, the then Labour goverment did as the one thats just gone (& ALL Labour goverments) they could NOT stop spending.........they tried to excuse them selfs by describling the policy as "A dash for growth".........in truth they tried to inflat their debts away..........which failed.

This Is IT, if they fail to fight the inflation which they themselves made then it will become a run-a-way on them.
Mike

[metalman]

Re: Putting Growth before inflation will ruin us

http://www.telegraph.co.uk/finance/c...l-ruin-us.html

Mega's thoughts:-
I grew up during the 70's, the then Labour goverment did as the one thats just gone (& ALL Labour goverments) they could NOT stop spending.........they tried to excuse them selfs by describling the policy as "A dash for growth".........in truth they tried to inflat their debts away..........which failed.

This Is IT, if they fail to fight the inflation which they themselves made then it will become a run-a-way on them.
Mike

as the man said... posted in select area... ok to post here... so mega can see it???

Ben Bernanke's Impossible 2011 Inflation Challenge