The world economy
世界经济
Inflation’s back
通胀归来
May 22nd 2008
From The Economist print edition
Double-digit price rises are about to afflict two-thirds of the world’s population
两位数的通胀将会困扰全球三分之二的人

RONALD REAGAN once described inflation as being “as violent as a mugger, as frightening as an armed robber and as deadly as a hit-man”. Until recently, central bankers thought that this thug had been locked up for life. Thanks to sound monetary policies, inflation worldwide had stayed low in recent years. But the mugger is back on the prowl.
罗纳德里根曾经这样形容通货膨胀—“它如强盗般凶猛,武匪般骇人,杀手般致命”。直到最近,中央银行都以为这个恶棍已经被终身囚禁起来。由于合理的货币政策,这些年全球范围内的通货膨胀维持在一个较低的水平。但这个暴徒现在已经悄然潜回。 继续阅读“[2008.05.22] Inflation’s back 通胀归来”