Friday, April 26, 2013

Higher Consumer Inflation than Government Statistics

Today we have higher consumer price inflation than what governments admit - but we have very high asset inflation, “and every inflation comes to an end and I am of the view that some asset prices will probably come down quite a lot, if not right now, then in 2013 or sometime in 2014. With all the money printing I would feel uncomfortable not to own any asset.”


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