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Is inflation the cost of reducing poverty?

Ed Monk

Ed Monk - Fidelity Personal Investing

This week, new analysis suggests that the huge amounts of money being lavished by governments won’t, on their own, lead to the rampant inflation that some now fear. What that really requires, so the theory goes, is populist policies that redistribute money from the rich to the poor.

Important information: The value of investments and the income from them, can go down as well as up, so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. Overseas investments will be affected by movements in currency exchange rates. Reference to specific securities should not be construed as a recommendation to buy or sell these securities and is included for the purposes of illustration only. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser.

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