Meanwhile, dearer oil has pushed inflation up, prompting the central bank to raise interest rates repeatedly.
At the same time, they are facing grandchild inflation, up from 8to1010 this year.
The standard tip has been $1 for 20 years, despite inflation, up from a dime or quarter in Liebling's day.
It would involve buying bonds issued by all governments, including Germany's, and its aim would be to push eurowide inflation up to its target.
A sharp devaluation of the shekel against the dollar in October forced inflation up from an annual rate of about 4% to an estimated 9%.
"We have commodity prices higher, inflation up, the prospect of the Fed raising interest rates instead of lowering, a worldwide slowdown and an economic slowdown in the U.S".
By forcing long-term interest rates down and inflation up, QE1 has already increased pension fund liabilities by an estimated £74bn, while driving annuity costs to record levels.
So the only way the ECB is going to get inflation up is by pushing down the value of the euro.
All exports of goods and services in the first half of the year rose at a $52 billion annual rate, adjusted for inflation, up 7.1percentt.
As for mid-income prosperity, an opposition MP says officials dare not publish a figure from a new survey of household spending showing real incomes, after inflation, up by only 3% since 2006.Mr Rajapaksa's popularity is slipping.
Danger arises at the moment of recovery, because with rising prices is the irresistible temptation to borrow; in inflationary times it is better to have goods than money, and extensive borrowing only drives inflation up further.
