Re: Re: Conference in Madrid with Spain’s head of Housing


I think that the money created by QE has not actually entered the broad money supply. That’s the reason it’s not yet had any impact on inflation. QE is designed simply to keep UK bonds yields low enough for the treasury to balance the budget and see it through the crisis.
I agree with Ardun in that hyperinflation is waiting around the corner, particularly in US and UK once the crisis stabilises.
Counter measures may well not be enough. However personally I look forward to it. Asset values will increase and so will capital returns. Debt will devalue substantially. The true value of assets of course will then depend which currency they are in.
Maybe then we can all return to some capital growth. I wish. 🙄