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Tuesday, October 26, 2010

Higher inflation and higher interest rate

This article explains that the prospect of higher inflation and higher interest rate in the near future. With higher interest rate, you will have to pay more for your mortgage installments. Be careful.

http://www.bloomberg.com/news/print/2010-10-26/bernanke-s-next-round-of-asset-purchases-risks-jimmy-carter-like-inflation.html

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