Cabbages to Oil: Inflation’s Many Fathers
A customer reaches for a cabbage sitting inside a box at a stall at a vegetable wholesale market in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

Cabbages to Oil: Inflation’s Many Fathers

(Bloomberg Opinion) -- In the words of economist Milton Friedman, inflation is “always and everywhere” a monetary phenomenon. But if you asked a brokerage analyst in Singapore why prices were soari...
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