BIS on Totemic Inflation Fascination, etc.

Whatever your feelings about the bankers behind the Bank of International Settlements, go read its just-released 2007/08 annual report. It’s thought-provoking stuff, especially the discussion of recoupling risks, and of the totemic fascination with inflation that allowed interest rates to stay low for so long that it helped sow the seeds of the current credit crisis.


Related posts:

  1. Core Inflation and My Golf Game
  2. Why We Need More Inflation, Not Less
  3. Jim Rogers Says U.S. Gov “Lying” About Inflation
  4. Festishistic U.K. Fascination with Private Equity
  5. Quote du Jour: Inflation is Soooo 2008