ResistNet.com Former Federal Reserve Chairman Paul Volcker, an adviser to President Barack Obama, signaled that some investors are concerned about the potential inflation risks of quantitative easing and record-low interest rates.
â€œIt does worry peopleâ€ that â€œweâ€™re going to create so much money that down the road weâ€™ll create inflation,â€ Volcker, 83, said in response to a question about the global implications of quantitative easing at an event at the National University of Singapore today. â€œI donâ€™t think thatâ€™s beyond the capacity of the central bank to deal with in the future. But theyâ€™re going to have to deal with it.â€
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