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To: MythMan who wrote (410293)9/22/2010 8:15:29 AM
From: Giordano Bruno1 Recommendation  Read Replies (1) | Respond to of 436258
 
Deflation myth to justify QE? telegraph.co.uk



To: MythMan who wrote (410293)9/22/2010 8:50:32 AM
From: Terry Maloney  Read Replies (1) | Respond to of 436258
 
Time to eat the rich?

>>Many believe there is a causal relationship from extreme levels of inequality to the crisis. How? Central bankers, by pursuing policies that allowed the middle classes to borrow against rising asset prices, kept them consuming despite the stagnation of their incomes and hence disguised the effect of government policies that allowed the rich to acquire virtually all of the gains in GDP growth.<<