Is money going to be more expensive?

Another article pointing to increasing inflationary pressures in England, and thus less likelyhood of further rate hikes. Credit excess lead to inflation, so it's inflation's job to soak up the excess credit. This again does not bode well for the highly leveraged property market. No free lunch!

news.ft.com/cms/s/73795cc8-10e8-11da-adc0-00000e2511c8.html