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Has the inflation monster really been captured?
Features The European Central Bank claims to have captured the inflation monster. No chance, says Mike Shedlock in the Daily Reckoning. For a start, inflation is merely an increase in the money supply - and central banks are the main culprits when it comes to that. All they can do is make the inevitable credit crunch much worse...
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Does Europe need a new Stability Pact?
Features Monetary union: Does Europe need a new stabilty pact - at Moneyweek.co.uk - the best of the week's international financial media.
Features