All Posts Tagged With: "inflationary pressure"

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Two Reasons Why Central Bankers Had No Choice but to Reduce Interest Rates

Central bankers don’t normally reduce interest rates in the face of rising consumer prices. But our poor Bernanke-led bank consortium feels it has no choice. The cannons of deflation to the left of them… the artillery of inflation making louder noises to the right – they’ll attack on the left!

February 29th, 2008 | Bill Bonner | 1 comment | Continued
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