Households across the world have been saving up since the coronavirus
Tim Congdon, an economist who tracks money supply figures, said the growth in deposits in the US and around the world had been “unprecedented in modern peacetime history”.
He warned that at some point, such moves would lead to “a significant uptick in inflation”
FT 5 July 2020
He warned that at some point, such moves would lead to “a significant uptick in inflation”
FT 5 July 2020
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