Thursday, July 10, 2008

IMF Chief Warns on Inflation

Inflation is in danger of “getting out of control” in some emerging economies, Dominique Strauss-Kahn, managing director of the International Monetary Fund,told the Financial Times.

Note to Dominique:

It's not just emerging economies, and although you spouted off that the G8 are doing important things to fight the inflation, the fact of the matter is that the only thing that needs to be done is for central banks to stop printing money.

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