Shockedandawed

Let's Have Inflation

This week we are seeing the first indications that European politicians are starting to comment on the exploding national debts in public. But Mr. Obama is not there yet. It is time for our political leaders to start explaining us where they see the exit.

Or, as the FT puts it: “To calm investors’ nerves, finance ministers must make plain how they intend to keep paying creditors without resorting to debasing their currencies. Those who have not already credibly done so are living on borrowed time.”

I've read some interesting related articles on Crunchreport.com.