By 1956 the promise was already meaningless With the Bank of England about to start Quantitative Easing (on some definitions, it has already started), the printing presses will soon be roaring. The money supply is already growing at nearly 20% pa so God knows how high it will go. And inflation? The ...

With the stock market gyrating wilder than a dashboard hula doll, you probably want an investment that won't depress you when you open the paper. Certificates of Deposit or "CDs," an insured savings account with a guaranteed interest rate may sound like the antidote, but even they are not without ri...

. WEIRD TAILS OF THE ANIMAL KINGDOM A KENNEL FULL OF DOGGEREL No More Their Roar two lions silencedno savannahs will knowtheir voicesold and sickbearded kings of beastslike Lear upon the heathtoothless and breathing heavilythe man in the zooshot them bothonce each behind the earthey fell as lionsne'...

Sleeping on a train, plane or car would be a hell of a lot more comfortable if your jacket had a hood that could inflate and function as a pillow. galleryPost('rollingstonejacket', 3, ''); The......

  Kanye West is on the cover of the March issue of Details and in typical Kanye West fashion he said lots of really flattering stuff about himself, including but not limited to: "Put this in the magazine: There's nothing more to be said about music. I'm the f--king end-all, be-all ...

Quick nurse! He's fading. Give him another shot! As regular readers will know, we think the current desperate attempts to stop the pain at any price will result in a return to 70s style inflation. Back in the era of platform boots, we learned the hard way that high inflation can easily exist alongsi...

As inflation falls to its lowest level since 1960 savers and borrowers to play "Let's Twist Again" as winners and losers in the money illusion swap places....

Now that inflation has fallen to its lowest level since 1960 it's time for savers and borrowers to play 'Let's Twist Again' as winners and losers in the money illusion swap places....

A prominent human rights lawyer brutalised by security agents a few years ago put it beautifully: it is like asking a snake to have dinner with a frog. He was giving his thoughts on the swearing in of Morgan Tsvangirai as Prime Minister in front of an unsmiling Robert Mugabe. Deadpan or just uncarin...

The British economy is likely to perform worse than the Bank of England expects and will probably require further action from the monetary policy committee to push inflation back up to its 2% target in the medium term, deputy governor Charles Bean said today. Bean told a National Farmers Union confe...