| From Commodities-now.com: A warning by an International Energy Agency (IEA) analyst last week that quantitative easing (QE) risked inflating nominal commodity prices and derailing the recovery drew a withering response from Nobel Economics Laureate Paul Krugman, who labelled the unfortunate analyst the "worst economist in the world".
According to New York Times columnist Krugman "Higher commodity prices will hurt the recovery only if they rise in real terms. And they'll only rise in real terms if QE succeeds in raising real demand. And this will happen only if, yes, QE2 is successful in helping economic recovery"...........................................Full Article: Source
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