GOING BEYOND
9.29.2010
The best way to profit from a currency war
Are the printing presses being warmed up in the Bank of England's basement? On Monday night, we had Charlie Bean telling savers to get out there and spend. Now we hear that Adam Posen – the newest member of the Bank's rate-setting committee – is calling for more quantitative easing (QE). Andrew Sentance – the sole Monetary Policy Committee member calling for higher rates – looks increasingly alone. The only consolation for anyone worried about the effects of further QE is that we're hardly alone...
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