Tuesday 18 October 2011

China; Inflating Asia Pacific

Its because the west wants it!

Here we have an article explaining the effects of China's rate of inflation; for every 1% increase in rate of inflation in China, this would gradually lead to an increase in inflation of 25 to 50 basis points in the Asia Pacific Region - worse could even drive global commodity prices by 5%. Referring to my previous post (see Assumption 3), I expected for such a thing to happen. See? I told you!

Damn I'm good!

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