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Saturday, July 19, 2008
M4 up
FXstreet.com reports (htp: Alice) on significant increase in UK M4 money supply and lending (someone please help me with the distinction). Conclusion: inflation.
To put it in context, click here for BoE long run stats on M4.
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Unfortunately, because of a plague of spam comments, you need to be a "registered user", otherwise your observations will be buried in a torrent of multilingual nonsense. Please do comment!
Say what you please, so long as it's phrased politely and is not libellous or legally proscribed. Fact, reason and wit are keenly welcomed.