I Shall Call Ye Cassandra.
A spookily prescient blog from Crashomatic that pretty much covers why printing more money is a bad thing, and that it only benefits the people who actually print the money.
I heartily recommend you read the whole thing - even though it is with a US slant - as it does explain a lot of things very clearly and very quickly.
Hat-tip to The Devil for pointing this one my way.
Labels: Banks, Business, Money, Prediction
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