| The A-List: Mohamed El-Erian - Introducing the “reverse Volcker moment” |
|
The 2008 global financial crisis did little to alter the perception
that inflation had been conquered. Indeed, the price challenge at that
time was not too much high inflation but rather, a real threat of a
disorderly decline in the general price level. This may now be in the process of changing. There is a growing sense among some that today’s Fed would not only tolerate higher inflation but may also be wishing it – if not already targeting it. http://link.ft.com/r/FG6LAA/ |
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Thursday, September 20, 2012
The A-List: Mohamed El-Erian - Introducing the “reverse Volcker moment”
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