In the News (from The Financial Times): “Germany warns on global inflation after crisis” The world could face high inflation and a “crisis after the crisis” when the global economy recovers, Peer Steinbrück, German finance minister, has warned. “I am concerned that the counter measures we are seeing around the world, financed by enormous amounts of debts, could be paving the road to the next crisis,” Mr Steinbrück told Bild, a tabloid daily.
My Comment: The crises will continue until we discover their real cause, which is not paper money, but our relationships. We have to correct ourselves. The question is: Will we do this before a world war or after?
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