What do you get when you combine the deflationary Great Depression with the stagflationary 1970s?
March 26, 2012
Financial Times: UK pensions crying out for inflation-linked gilts
“Our clients need 30-60 year inflation-linked bonds and more of them,” says Gavin Orpin, a partner at Lane Clark & Peacock.
“We are in a situation we have never seen before; something like Japan with inflation,” he says.
All your gilt are belong to us.
Glen Greenwald Wins Pulitzer Prize for Exposing NSA Spy Scandal; His Reaction on Video; My Reaction: Greenwald and Snowden are Heroes - A big round of well deserved applause for Glen Greenwald is in order for willing a Pulitzer Prize for public service. Greenwald says the announcement was "...
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