Central Banks Cannot Go Bust – But Can Cause Trouble

CNBC: Central Banks Cannot Go Bust – But Can Cause Trouble

As previously discussed, since the S&P downgrade, the talk of the US becoming the next Greece has gone conspicuously quiet.

And, as suggested may happen, the anti deficit talk is shifting to inflation.

And that’s a much tougher sell in Congress. Especially with no forecast showing any inflation risk, including tips, and a Fed still fighting deflation.