(Bloomberg) — There’s hardly any question that carries greater weight in economics right now, or divides the financial world more sharply, than whether inflation is on the way back.One camp is convinced that the no-expense-spared fight against Covid-19 has put developed economies on course for rising prices on a scale they haven’t seen in decades. The other one says the virus is exacerbating the conditions of the past dozen years or so — when deflation, rather than overheating, has been the big threat.The debate touches every area of policy, from trade rivalries to unemployment benefits, and everyone has an interest …read more
Source:: Yahoo Finance
