Morgan Stanley Warns: Inflation is Back

It has never really left, just low, but that is about to change and the banksters know it.

“The stage is set for global reflation,” said Morgan Stanley economists led by Elga Bartsch in a report to clients on Monday. “Inflation is about to or is already reflating in a large portion of the global economy.”

The report says that globally price inflation will bottom at around 2.9 percent in the current quarter before accelerating to 3.4 percent next year, led by a jump in rich nations to 1.7 percent from 0.3 percent.

-RW