Inflation: don't worry too much

The Wall Street Journal called it the 'great thief of the middle class'. But perhaps inflation isn't as much of a threat as we think. We could just leave it up to the market to solve the problem.

After years of quiescence, inflation seems to be re-emerging as a major factor for investors to consider.

In the US, wholesale prices are rising at the highest rate for more than a quarter-century up 7.4 per cent over 12 months. The European Commission has sharply raised its estimate for eurozone inflation this year. In China inflation is at its highest in 11 years, in Singapore it's at a 25-year peak.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.