RBS tells clients to prepare for ‘monster’ money-printing by the Federal Reserve

Ambrose Evans-Pritchard: As recovery starts to stall in the US and Europe with echoes of mid-1931, bond experts are once again dusting off a speech by Ben Bernanke given eight years ago as a freshman governor at the Federal Reserve.Entitled “Deflation: Making Sure It Doesn’t Happen Here”, it is a warfare manual for defeating economic … Continue reading RBS tells clients to prepare for ‘monster’ money-printing by the Federal Reserve