Low inflation? Not at all!

It is said that prices are hardly rising all the time. But it's not true at all. If you look at asset prices, you see something different.

This commentary is from the column “Mayers Weltwirtschaft” (Mayer’s World Economy) which was published in the FAS (Frankfurter Allgemeine Sonntagszeitung) and is available online at www.faz.net (in German only).