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Central banks are creating inflation, problem is it's in all the wrong places - e.g. asset inflation - instead of a rising CPI. (There is a bit of a debate taki
by jajag 7y ago
Central banks are creating inflation, problem is it's in all the wrong places - e.g. asset inflation - instead of a rising CPI. (There is a bit of a debate taking place in central banking circles at the moment about whether CPI is an adequately measure, and whether it should better reflect things like rent increases; FT's Alphaville blog has had a number of interesting articles on the topic over the past week).