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QE continues to slosh through the system, giving the privileged ones first bite at the new cash using the existing values. Central bank inflation is a nasty bu

by brc 11y ago

QE continues to slosh through the system, giving the privileged ones first bite at the new cash using the existing values. Central bank inflation is a nasty business in the way that the winners and losers are distributed.

cm2187 11y ago
And it punishes savers and rewards property speculators!