|Asia's Tepid Inflation Fight|
|While the Fed has taken flak for a new round of bond buying to get the U.S. economy moving and avoid deflation, in Asia the worry is that central banks aren't doing enough to fight the opposite problem: inflation.|
Monday, November 8, 2010
Losing to inflation.
Just as I have been telling some people. It is quite obvious to market persons: We are all going to help pay for the mistakes in America. No way currencies can strengthen by a degree to keep inflation low. These export oriented economies would be bust doing so.
Posted by PengYou at 12:14 PM