US
In absence of profitable opportunity in real estate, capitalists speculate in commodities
Unemployment increasing along with acceleration in goods prices
Causes of inflation are deep-rooted, cannot be addressed in short span of time
There is hope continuity of political process may ease economic woes
This situation can only be managed through unconventional measures, which a political government may adopt
Currency rate provides main channel that fuels inflation in country
Attempts to bring down inflation via conventional measures will be politically costly
Inflation reduction will likely come at expense of large output drop
Growth in imports will put pressure on rupee whenever economy grows at high rate
Situation requires astute policymaking but political turbulence a stumbling block