Using Commodity Prices as
an Inflation Calculator
Consumer Price Inflation
has finally arrived and Gold will have its day in the sun
yet.
Not a day goes by without another
financial institution getting bailed out.
Let’s
see, we have Countrywide Financial, German IKB and now
the UK based Northern Rock.
And
the rumours. Oh the rumours. Let’s see, there has been rumours of liquidity problems
at Barclays Bank, Alliance & Leicester and Australian
Adelaide Bank and on and on…
Central Bankers
the world over have predictably come to the aid of ailing
financial institutions by providing loan guarantees and
emergency funds and rate cuts in an attempt to keep credit
markets operational.
a
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A
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