Real household income is likely to rise modestly in 2012 after falling sharply this year because of high inflation and tax increases, notes Kevin Daly of Goldman Sachs.

由于高的通胀率和税率的增加，不动产收入很有可能在今年剧烈的衰退之后，于2012年缓慢增长。高盛的Kevin Daly如是说。

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Quantitative easing by the Federal Reserve Bank of the U.S. is a form of financial repression, because investors who are long safe Treasury bonds are losing money after inflation is factored in.

FORBES: Socialism 'No', But Financial Repression 'Yes'

It was ridiculous because it was nothing like the historical return, which averages around 9% before inflation and 6% after.

FORBES: Rational Expectations