Inflation to Increase Worldwide in 2012

Can it really be any wonder why this is occurring? Moronic central bankers across the globe persist in believing that economic prosperity can be brought about by printing more money. They also cling to the specious argument that inflation can’t occur when growth is slow. That gives them plenty of impetus to step up their monetary madness, even in the face of rising prices. But in reality all you end up getting is a serious dose of global stagflation, which only continues to increase in intensity. It is my view that the worldwide slowdown in GDP will cause further iterations of QE to occur within two quarters, not only in the U.S. but around the world. http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/3/10_Pento_-_Inflation_to_Rapidly_Increase_Around_the_World_in_2012.html

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