Deutsche Bank

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  • White Papers // Nov 2008

    Liquidity And The Dynamic Pattern Of Price Adjustment: A Global View

    Global liquidity expansion has been very dynamic since 2001. Contrary to conventional wisdom, high money growth rates have not coincided with a concurrent rise in goods prices. At the same time, however, asset prices have increased sharply, significantly outpacing the subdued development in consumer prices. This paper examines the interactions...

    Provided By Deutsche Bank

  • White Papers // Nov 2008

    Liquidity And The Dynamic Pattern Of Price Adjustment: A Global View

    Global liquidity expansion has been very dynamic since 2001. Contrary to conventional wisdom, high money growth rates have not coincided with a concurrent rise in goods prices. At the same time, however, asset prices have increased sharply, significantly outpacing the subdued development in consumer prices. This paper examines the interactions...

    Provided By Deutsche Bank