[lbo-talk] bailout and inflation

ulisse mangialaio ulisse_mangialaio at yahoo.it
Mon Oct 13 11:20:10 PDT 2008


will the bailout generate inflation? have all the central banks'injections of liquidity generated inflation?   curiously, among countries involved in the bailout italy is the only one that has not put any 'numbers' on its pledge. its banks might be somewhat more solid, as it is claimed, and, ironically, might have benefited from their relative backwardness and non-entanglement in the party, except for UNICREDIT, that happens to be the most conspicuously international  in the whole stock. but i have hunches that italy cannot afford to increase its debt.   u

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