What happens next.

[DimPrawn]

Hyper-inflation.

Look at today. Today is the beginning.

http://markets.ft.com/markets/commodities.asp


The world is printing trillions $$ and ££.


Nice mix coming up. Wage deflation, unemployment and inflation of prices.

[Bagpuss]

deflation of prices

[DimPrawn]

deflation of prices

Deflation is over.

http://news.bbc.co.uk/1/hi/business/7952319.stm

Printing money has knocked it dead. From now on in, everything you buy is going to cost more money. But you won't be getting a pay rise.

[Bagpuss]

A bit of a rise as people move their money into safe bets. I still expect deflation of prices of non basics.

[Mich the Tester]

I still expect deflation of prices of non basics.

Does that include BJs?

[DimPrawn]

A bit of a rise as people move their money into safe bets. I still expect deflation of prices of non basics.

I disagree. Britain, Japan and USA all have queezing at full speed. There's trillions inflating the global economy. 1970's inflation here we come!

[sasguru]

Not yet.

M0 is high, M1 and M2 are rock bottom. When M0 starts flowing into M1 and M2 you'll get inflation. So not till next year.

[DimPrawn]

Not yet.

M0 is high, M1 and M2 are rock bottom. When M0 starts flowing into M1 and M2 you'll get inflation. So not till next year.

I disagree.

[Mich the Tester]

I disagree.

So do I.

[Bagpuss]

Don't talk about the money supply, most people on here think the M1 you refer to is a motorway