After years of years of strong global economic growth, prices of oil, grains, and some metals have risen sharply + speculative investors have also added fuel to that fire by buying up hard assets like commodities, which are viewed as a hedge against inflation, and the impact is stunning --suddenly we are all sucked into this powerful magnetic field called inflation, and slowly getting weaker together + I am seeing strange behavioral patterns of businesses and consumers worldwide.
Useful links:
www.globalinsight.com
www.mbginfosvcs.com
www.imf.org
www.federalreserve.gov
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