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Currency fears and puzzling inflation

Posted on 09 August 2013

There’s something odd happening with inflation. Not only has there been a surprising absence of deflation in the wake of the biggest global financial crisis since the Great Depression, but recently inflation has been popping up in places where it really should be slowing down.
The Indian central bank, for instance, is struggling against rising inflation against the backdrop of an economy that’s grinding to a halt. Brazil also has been battling faster than comfortable price rises–there are some hopeful signs prices are coming down, but at the expense of a faster slowdown in economic growth, while some figure the dip will only be temporary………………………………………..Full Article: Source


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