Photo Gallery: Printing Money and Driving Up Prices
10/08/2012
Grafitti art on a fence surrounding the construction site of the new European...
DPA

Grafitti art on a fence surrounding the construction site of the new European Central Bank headquarters in Frankfurt, Germany. Since September, when the central banks of the United States, the euro zone, Great Britain and Japan jointly announced their intention to pump even more cheap money into the financial markets, the people have become increasingly aware of the growing influence of highly indebted governments on central banks. They also recognize that governments seem to be willing to accept higher inflation if it facilitates debt reduction.