This is an action on the margins with respect to the direct inflation pressure and economic stimulus it can provide. The underlying inflation risk is still rooted properly in the dollar's value as a reserve currency and the US government's standing in the bond market, which if those go south could make quantitative easing look like rearranging deck chairs on the Titanic.
Micro-Blog News Digest for thetroglodyte.com - Things that Catch the Eye from the View of the Cave
