How Thick Can You Get?  

Only now, we are told, are the markets beginning to register the fear of growing inflation.   After months of propaganda on the dangers of deflation a few of the dunderheads that run our financial system are beginning to wake up to a spark of reality.  One sign of the change is the demand for US Treasury-protected securities which has accelerated in the past month.   Supplies for such bonds held by Wall St. dealers are at their lowest level for three years.    Even before the last round of "quantitative easing", the Bank of England increased the money supply by a cool 280% to ... ...