Monday 7 May 2012

UK money supply growth hits historic low

Issued 2 May, the latest Bank of England quarterly M4 figures plumb new depths - remember, M4 had NEVER been negative from 1963 on, until the credit crunch in 2009.

INVESTMENT DISCLOSURE: None. Still in cash (and index-linked National Savings Certificates), and missing all those day-trading opportunities.

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