Just not too long ago, many economists were worried about inflation due to many countries printing money and starting the similar QE programs. A few months ago, oil crashed, and this changed the whole equation. Now, the same economists are talking about a possible deflation in most countries. Lately, we have seen countries launching their own programs whether through interest rates or currency to prevent their economy from falling into deflation.
Yesterday, Monetary Authority of Singapore (MAS) said it will let our Sing dollar to appreciate at slower pace, news from channelnewsasia. The core inflation is also down from the earlier forecast of 2 to 3 percent. For the longest time, we have always been told that one need to own assets like property, commodities or gold to protect oneself from inflation. With the latest action from MAS, what do we need to do and now with a possibly sign ......