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The rationale for a cut in eurozone rates seemed clear, the danger of the world slipping into recession or even depression was too high and the ECB should act.
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And some people may sincerely believe we are indeed in a double-dip or even a Depression.
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That uncertainty is why I weigh the potential benefits to the potential price, just in case things like high unemployment temper the inflationary pressures everyone is so sure of, or, just in case we go through a double dip or even a depression.
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