10 Things You Need To Know Before The Opening Bell

Of the 10 listed here is the one that caught my attention:

UK consumer price inflation (CPI) rose to 4.4% in July, up from 4.2% the previous month. The Bank of England said inflation could run as high as 5% this year, but has kept its interest rate low in the wake of slowing economic recovery. Check out 10 hyperinflation horror stories of the 20th century > 

The UK has used "quantitative easing" in order to support their economy.  Sound familiar?

Paul Krugman advocates inflation like this while at the same time denying that it will have ill effects, or that it is even happening.