Inflation Around the World

Certainly, inflation rates may be manipulated downward in all countries to hide the inflationary effects of money supply expansion. But comparing nations to one another does give us some idea of which nations have some semblance of price stability.

So, it’s more bad news for Britain and for David Cameron. Not only do we have lower GDP growth than America and higher unemployment, we also have higher inflation. And — if you can believe it — higher than Zimbabwe.