Before writing this column, just for a sanity check, I asked my mother about the general cost of living in Shanghai, where I grew up. “Food is getting expensive, and I don’t buy anything else,” she quipped. That summarizes it. Sure, inflation may not show up on news headlines, but we consumers feel it. Bond traders and gold enthusiasts are on to something.

This article was provided by Bloomberg News.

First « 1 2 » Next