Indian traders watch share prices at the Bombay Stock Exchange. Photo: AFP Indian traders watch share prices at the Bombay Stock Exchange. Photo: AFP
Indian traders watch share prices at the Bombay Stock Exchange. Photo: AFP
Tom Holland
Opinion

Opinion

Abacus by Tom Holland

Stock meltdown: have we entered The Age of Inflation?

The slump in stock prices is far from irrational – it is based on fears that the world economy is making a once in a generation shift from disinflation to inflation. And there’s reason to believe those fears are justified

Indian traders watch share prices at the Bombay Stock Exchange. Photo: AFP Indian traders watch share prices at the Bombay Stock Exchange. Photo: AFP
Indian traders watch share prices at the Bombay Stock Exchange. Photo: AFP
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Tom Holland

Tom Holland

Tom Holland is a former SCMP staffer who has been writing about Asian affairs for more than 25 years