Liam Halligan: The rest of the world goes West when America prints more money

The usual level of excellence and sense from Mr Halligan, in the Telegraph. Here’s a quote:

This crazy money-printing is going to be seen as the primary cause of Western inflation, food riots and a commodity price spike. This policy, in my view, is nothing less than America’s “economic Suez”.

Liam Halligan, 6th November, 2010

Marvellous.