Detail The Perils of Panflation; The Devaluation of Everything   Oleh:  [s.n] Jenis: Article from Bulletin/Magazine Dalam koleksi: The Economist (http://search.proquest.com/) vol. 403 no. 8779 (Apr. 2012), page 14. Topik: Inflation; Devaluation; Statistical Data; Trends Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.71 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel Price inflation remains relatively subdued in the rich world, even though central banks are busily printing money. But other types of inflation are rampant. This "panflation" needs to be recognised for the plague it has become. Estimates by The Economist suggest that the average British size 14 pair of women's trousers is now more than four inches wider at the waist than it was in the 1970s A five-star hotel used to mean the ultimate in luxury, but now six- and seven-star resorts are popping up as new hotels award themselves inflated ratings as a marketing tool. The value of frequent-flyer miles is also being eroded by inflation: it is increasingly hard to book "free" flights; they cost more miles, and redemption fees have increased. Central bankers would shudder at such reckless inflationary policies--were they not themselves earning triple miles up in first class. Some other strains of inflation have more serious economic effects. One example is grade inflation, the tendency for comparable academic performance to be awarded higher grades over time. Inflation of all kinds devalues everything it infects. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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