With the shrinking of the US economy, and it's shrinking very rapidly, you not only have more money, but you also have fewer goods. That's a classic double-whammy on inflation. ↗
Although there's a lot of focus on the Lib Dems, we need to keep our eyes on the far right of the Tories, who I suspect will become increasingly impatient in their appetite for tax cuts, deregulation and shrinking the state even further. ↗
