03.20.2012 14:05

Slow-cooking Inflation

Central bankers wedded to money growth, bubbly stocks and globalization are today's inflationary ingredients
By Andy Xie
RELATED POSTS
 

Inflation remains on the rise despite a weak global economy. The U.S. GDP deflator rose to 2.2 percent in 2011 from 1.2 percent in 2010, and China’s rose to 8.3 percent from 7.4 percent. Monetary expansion around the world will work into prices. It may inflate some asset prices along the way, but will eventually become inflation through the path of least resistance, i.e. inflating prices of goods with low supply flexibility.

We hope you have enjoyed your free articles for the month
REGISTER to get 5 more free articles, or SUBSCRIBE to get full access to Caixin
Already a subscriber? Log in now
RELATED POSTS
COMMENTS (0)
Sign up to receive our free daily newsletter

LATEST VIDEOS

Latest Issue
On the Cover:

Kingdom Collaboration

An interview with the CEO of the Saudi kingdom’s oil giant points to closer ties between China and its largest crude supplier


Issue 89
May , 2015

POPULAR GALLERIES

SUBSCRIPTIONS

Caixin-China
Economics & Finance
Latest Issue:
Kingdom Collaboration
An interview with the CEO of the Saudi kingdom’s oil giant points to closer ties between China and its largest crude supplier
Issue 89
05.01.2015

Subscribe       |       Newsletter        |        FAQ