(EnergyAsia, January 28, Wednesday) — To pay for its multi-trillion dollar bailout and stimulus packages, the Obama administration will print money at an unprecedented rate, a course that will drive up inflation and drive down the greenback while shifting a large part of the financial burden onto foreign investors, said CIBC World Markets. In a…
MARKETS: US bailout package will spark inflation, worsen oil supply crunch, said CIBC
Posted on January 27, 2009 by EnergyAsia