Bank of England Governor Mervyn King warns that Britons face higher inflation for longer

Mervyn King ‘nuked’ the UK by using what economists call the ‘nuclear option’ (=quantitative easing = printing money = creating money out of thin air = increasing the money supply = inflation = hidden tax on monetary assets = theft) …- Bank of England extends quantitative easing to £200 billion (Guardian)… and now he warns [...] continue reading the breaking news