A brief precis on Inflation: Sino-American Economics

Inflation may be described as a condition of substantialy rising prices but the measuring devices are inexact and questionable. When such conditions exist, folks lose their purchasing power of their money. Higher rate of inflation would put a nation out of world markets and workers would lose jobs as the logical consequence. Inflation is disruptive in our daily living under such uncertainty. Francis Shieh published such in China in 1995 (Cf.www.msn.com ) Such happening is rekindled as of September 4, 2008 in USA and in China as well. Francis Shieh a.k.a. Xie Shihao. Sept.4, 2008 at 8.20 p.m.