How do people feel about the prospect of rising inflation?
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Inflation is on the rise, how does this affect you? Do you have any other solutions? Specific interest with regards to the UK.
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Answer:
There are, of course, various views on inflation by economists. It is one of the core issues of disagreement between different schools of thought in the field of macroeconomics. Interestingly, some, for example, Nobel Prize winner , believe that there is actually not enough inflation in the current economic environment. Take a look at his column, http://www.nytimes.com/2012/04/06/opinion/krugman-not-enough-inflation.html?_r=0, as well as some UK-specific data that he cites, http://krugman.blogs.nytimes.com/2012/07/17/declining-uk-inflation/.
Vladimir Novakovski at Quora Visit the source
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