Many now fear that these huge infusions of cash will make inflation inevitable. In Germany, which suffered from hyper inflation in 1923, there is widespread fear that people will again lose their savings and need to start from scratch.

But the real fear is not inflation itself that is, that prices might rise at a surprisingly fast clip this year or next. Rather, the fear is that central banks will not see inflation coming until it is too late, and that this will cause a major upward shift in inflation expectations.

The fear now in both countries is that inflation shocks could turn into a self reinforcing price spiral. As the IMF cautions, core inflation excluding commodities has risen from 2 to 3.75 , suggesting that inflation is broadening.

Gold prices rise sharply only in two situations when inflation is high and rising, gold becomes a hedge against inflation and when there is a risk of a near depression and investors fear for the security of their bank deposits, gold becomes a safe haven.

Inflation.

The Exaggerated Death of Inflation

The Inflation of Hugo Chávez

The Failure of Inflation Targeting

The Ghost of Inflation Future

Forget Inflation

Inflation adjustment

It's a process of academic inflation.

(c) Inclusion of an inflation factor.

Fear of assassination... fear of disloyalty, fear of rebellion, fear of a... another clemente hiding in the hills.

The government might be tempted to rely on rapid inflation to try to reduce the real value of its debt. Fear of that strategy could cause investors to demand even higher real interest rates.

Beyond Inflation Targets

The Inflation Puzzle

Rethinking Inflation Targeting

Inflation or Deflation?

Is Inflation Returning?

Russia s Eternal Inflation

If that happens, Fed officials will face a difficult choice tighten monetary policy to stem accelerating price growth, thereby antagonizing Congress and possibly facing restrictions that make it difficult to fight inflation in the future or do nothing. Either choice could mean a higher future rate of inflation, just as financial markets fear.

Rates of exchange and inflation (increase 1,285,100)

Rates of exchange and inflation (Increase 5,738,000)

History shows political turmoil often leads to inflation, which only fuels further turmoil. Europeans can bet their last euro the ECB will not let the fledgling common currency be ravaged by inflation because their political leaders, having failed to do their jobs, now fear they might lose them.

If food inflation recedes further, and the headline inflation rate starts to converge on the 3 core (non food) rate, the result will be the equivalent of passive monetary tightening in real (inflation adjusted) terms precisely what the inflation prone Chinese economy needs.

The price stability mandate has been trumped by concerns about growth. The fear is that tightening monetary policy to bear down on inflation could snuff out the faltering economic recovery.

(b) Inflation the impact of inflation totalling 25.3 million on local post costs ( 17 million) and operating expenses ( 8.3 million)

In order to arrive at these estimates of inflation, four inflation factors for each location are adopted for each year

Farewell to Inflation Targeting?

China s New Inflation Constraint

An Inflation Reality Check

Inflation Comes to China

Is Inflation the Answer?

When Inflation Doves Cry

Inflation is going down.

D. Inflation (decrease 11,687,000)

f Inflation at the end of the period.

Revised estimates A. Rates of exchange and inflation

Effect of changes in rates of exchange and inflation

Effects of changes in rates of exchange and inflation

Effects of changes in rates of exchange and inflation

Rates of inflation applicable non post objects of expenditure

The global financial crisis added to gold s allure, owing initially to fear of a second Great Depression. Later, some investors feared that governments would unleash inflation to ease the burden of soaring public debt and address persistent unemployment.

The full impact of inflation is estimated at 3.5 per cent, per year, reflecting the combined effect of a 2.1 per cent annual inflation rate at headquarters and a 4.0 per cent annual inflation rate for country offices.