Mistakes in Russia, Brazil Show How Inflation Arises


Mistakes in Russia, Brazil Show How Inflation Arises
BYMICHAEL J. CASEY
The Wall Street Journal Europe
May 5 2015

Years of economic delusion have placed Brazil and Russia on track for a reckoning with a familiar old foe: inflation. In 2001, both countries were named along with India and China as part of the “BRICs,” an emerging axis of new economic power famously…read more…

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