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The “Mistake of 1937”
The US Great Depression lasted from 1929 until 1945, but the deflationary phase of the Depression effectively ended in 1932.
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Bank of England Inflation Propaganda Suggests Invisible Depression, Bankrupting Ireland Seeks Bailout
The Bank of England released its latest quarterly inflation report that shows that after a near year of temporary CPI Inflation mantra at above 3%, Mervyn King, the Bank Governor now expects CPI to spike to 3.5% during 2011 before falling back to below its 2% target and therefore implying that the real threat that … Continue reading
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Greece Economic Depression Resulting in INFLATION NOT DEFLATION Surge
Greece, Europe’s Achilles Heel continues to implode under its budget deficit and total debt burden sending a series of strengthening shock waves across Europe’s credit and financial markets…..
