“Chairman Bernanke’s experiment with quantitative easing continues to have unintended consequences for the global economy, due to the impact of the equation highlighted below:
QE2 = inflation [globally] = monetary policy tightening [globally] = slower growth [globally]
A brief review of global economic data points highlights struggles with inflation in three very key countries: China, India and Brazil. While the divergence between each country’s response reminds us that both inflation and monetary policy are local, analyzing them collectively allows us to derive the equation laid out above.
Let’s briefly visit each country’s headlines and data points from today’s global macro run for a quick update on the global inflation front.” Read more.
“Taming Inflation in China, Brazil, and India”
Darius Dale
Fortune, CNNMoney.com, January 5, 2011.
Image by jscreationzs / FreeDigitalPhotos.net.
"Power, by which I mean political power, is always zero-sum: if the intellectual elite has… Read More
"The Biden administration threatens to invoke Section 4 of the Fourteenth Amendment to sidestep the… Read More
"There are so many holes in the FTC and Sony’s opposition to the Microsoft-Activision merger… Read More
"A wide range of outcomes are still possible for 2023, ranging from stagflation to a… Read More
"The real 'capitalist achievement,' however, isn’t Graceland. It’s the fact that compared to the stuff… Read More
"The unseen cause of gentrification is the knee-jerk NIMBYism of affluent leftist neighborhood associations. And… Read More
"Politicians on the left would like us to believe inflation is caused by greedy corporations.… Read More
"As 'dark horse' candidate, Ramaswamy has a greater burden of proof before the electorate.… Read More
*AIER is a 501(c)(3) Nonprofit registered in the US under EIN:04-2121305