Community Views : What’s on the boards today….19th Jan 2011

19th January 2011

The Financial Times

"Sir John Vickers will use a speech on Saturday to make clear that big banks are mistaken if they believe his government-appointed Commission on Banking will leave them intact."

The Telegraph

"The world's expected economic growth will have to be supported by an extra $100 trillion (£63 trillion) in credit over the next decade, according to the World Economic Forum."

truth47 comments: "They have no interest in wealth creation or growth really just the power that instantly produced fiat can have with debt.No wonder Gold and Silver is the true universal currency.Interesting to note how the price paid for physical metal is totally decoupling from the official paper manipulated price.The powers that be are desperate to keep the current failed economic system going whatever the cost,what next confiscation of Gold and Silver."

The Telegraph

The Bank of England is facing its sternest test in more than a year after inflation rocketed above expectations, piling pressure on policy-makers to raise rates just as the Government's austerity measures strike.

jcuttance says: "you can't expect low inflation after a session of printing money

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