Is QE Really Inflationary?

Jay Parini: I don't know if resolve is the right word. But as you look at these three main factors at play, interest rates, inflation, energy, how does this resolve? He says we've seen Prince as high as eight to 10% globally; even UK may have hit something preposterous like 11 or 12. Unless the cash coming into your wallet is growing at 8 to 12%, then you're going to be forced to push back," he says.

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