Asset price inflation refers to the increase in the prices of assets like real estate, stocks, and commodities. This phenomenon often occurs when demand outstrips supply. It can lead to economic imbalances. Rising asset prices may not reflect actual economic growth. This situation can create wealth disparities. Policymakers monitor asset price inflation closely to prevent financial instability.
Gold has long occupied a special place in economic thinking. Unlike equities or real estate, inflation in gold prices has usually been treated with relative calm, anchored in...
