Tuesday, February 17, 2009

Hot off the press?

What are savers supposed to do during a period of deflation and the printing presses are turning!?!
It won't be long before Britain has £1m notes at this rate!

1 comment:

Mark Wadsworth said...

Hang about here, either we have deflation or inflation.

I am 'cash rich' so would prefer the former, but each to his own. If you're really worried about inflation, the only way forward is to sell ten year gilt futures, I really don't see any other way.