Source: Financial Times, 23rd January 2011
Investors are as naturally paranoid as any race of small furry creatures; the moment they acquire a pile of nuts and berries is the moment others will seek to take it from them. I've noticed, watching their scurrying around the cage of the monetary system, that they get more worried about inflation than anything else. In the end, they believe, their money is more likely to be taken away by runaway increases in the general price level.





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