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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| All Ordinaries | 4359.400 | ||
| S&p/asx 200 | 4285.100 | ||
| China Shanghai Co | 2351.854 | ||
| Gold Sep 11 | 0.00 | ||
| Clj11.nym | 0.00 | ||
| Nikkei 225 | 8999.18 | ||
| Indu | 0.00 | ||
| S&P 500 | 1342.64 | ||
| Ftse 100 | 5910.39 |
