Hanke, Steve H.
December 2008
Forbes Asia;12/22/2008, Vol. 4 Issue 22, p38
The article reflects on the issue of deflation in the U.S. and hyperinflation in Zimbabwe. It opines that the U.S. producer price index sank by 2.8 percent in October 2008 and the bond market is pricing in deflation. It comments that the inflation rate in Zimbabwe passed 50 percent a month in March 2007, and the cause of the hyperinflation is a government that forces the Reserve Bank of Zimbabwe to print money.


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