[Dambisa Moyo] The inflation-deflation whipsaw

We are living through a rare moment in which two powerful forces are pulling prices in opposite directions. Markets must grapple with both the immediate threat of higher inflation from geopolitical tensions and conflagrations, as well as the longer-term risk of artificial intelligence-driven deflation. At the start of this year, many forecasters expected oil prices to hover around $50 per barrel, owing to what looked like relatively large inventories and flat global demand. Yet now, Brent future

By The Korea Herald