| From Dow Jones: Quantitative easing in the U.S. and foreign exchange interventions by various countries to limit the rise of their currencies, a situation many have likened to a "currency war," could create a new wave of global asset bubbles and inflation, the China Securities Journal argued Tuesday in a front-page editorial.
Quantitative easing will trigger a new round of asset price rises, and continued U.S. dollar depreciation will result in higher resource prices, the paper said. Rising prices for staple goods are already causing imported inflation pressures for developing markets, it added..............................................Full Article: Source
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