We won't experience all the fears of the 20th century like war, dangerous inflation or protracted down cycles.
FORBES: The Hedger: An optimist on the sidelines
2.
Otherwise inflation will ravage the country just as it has done every other time the Fed has taken rates below inflation and left them there for a protracted period.
FORBES: Magazine Article
3.
He said this was largely down to a "deep and protracted squeeze" on many people's real incomes, as inflation outstrips pay rises and energy and food prices increase.
BBC: Mervyn King calls for more action to boost economy