The view from Wiltshire
The essential John Brignell on his Number Watch site has an article called Greenflation - More sense there than you will get from the latest BBC Climate Chaos series that the wireless keeps promoting...
An Englishman's Castle
Bashing Bogusmongers from behind the barbed wire.
Comments
It's a pity that the article mentions Inflation, and then says that high interest rates are bad. Monetarism fixed Inflation.
Low interest rates + fiat currency cause banks to create "money" "ex nihilo", this causes inflation.
We should have cut taxes instead of interest rates.
Posted by: Rob Read | May 22, 2006 1:01 PM