As earlier bouts of alarmism over Europe, then a double-dip recession and then deflation fade away, a new bogeyman is taking their place: Inflation, and the damage it could do to profits and stocks. Yes, prices are rising, but the main pain will be felt most among America’s poorest.
Continue reading The Real Problem With Inflation Isn’t on Wall Street
The Real Problem With Inflation Isn’t on Wall Street originally appeared on DailyFinance on Thu, 17 Feb 2011 06:30:00.
Filed Under: Columns, Economy, Investing, Market News