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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: THE ANT who wrote (108412)	2/18/2010 9:37:34 AM
From: elmatador	Respond to of 116555

An Alternative Route to Appreciation for China’s Yuan? Inflation! And heterodox ideas about inflation are getting a broader hearing these days, as the financial crisis pushes many thinkers to re-examine conventional practices. Olivier Blanchard, chief economist of the International Monetary Fund, now thinks that even developed economies probably can tolerate a higher level of inflation they have in the past – with central banks perhaps targeting 4% a year instead of 2%. blogs.wsj.com