It is all a question of timing.
At some point, the economy will improve. Given the policies enacted across the world over the past year, at some point inflation will take off once more.
But will these points come within months, years or decades? The slow-motion way in which the summer 2006 shock to US house prices sparked a sell-off in credit markets a year later, which did not cause a crash in equities until the autumn of 2008, is a reminder that remorseless economic logic can take a while to work itself out in the real world.
您已阅读29%（531字），剩余71%（1287字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。