The Inflation Moderation
I got a little obsessed today with the prospects of inflation – I guess it’s all the deficit talk out there. But good central banking has brought the number of countries with 20%+ inflation rates from 27 in 1982 down to just 18 in 2008.
I guess my question is: is the global inflation moderation to continue? According to the IMF, the answer is yes (at least through 2011).
Originally published at News N Economics and reproduced here with the author’s permission.