Saturday, March 22, 2008

Inflation - UK (latest in RED)

UK M4 accelerated in past 5 years

Prof. Costas Milas: M4 money supply growth up to 10% p.a. not significantly inflationary

M4 expansion offset by declining velocity of money (see 2005 slide below) (plus UK M4 in £billions, below, right)


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BoE Bulletin (Q3 2007): "Interpreting Movements in Broad Money"

4 comments:

  1. Anonymous22 March 2008 at 19:15

    Yo Ho Ho.

    ReplyDelete
  2. Sackerson22 March 2008 at 20:17

    And a vast behind, which I blame on blogging. I did say I'd switch to reading other people - this is what I'm finding. Lovelock's theory, if the Chinese leadership give credence to it, suggests they'll have to expand out of the Middle Kingdom.

    ReplyDelete
  3. James Higham24 March 2008 at 12:54

    Nice stuff on China - I ran a long piece on it but these are nice updates. Coal burning form them is our most immediate problem over here.

    ReplyDelete
  4. James Higham25 March 2008 at 15:21

    Also, I feel Amerman is right.

    ReplyDelete

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