In the News: Bloomberg

With economies awash in money, inflation may pick up portfolio manager Axel Merk tells Bloomberg

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Inflation in the advanced nations may still also pick up once economic recoveries take hold given the amount of liquidity that authorities have injected into their economies, said Axel Merk, president and chief investment officer at Merk Investments LLC in Palo Alto, California, and a Bloomberg Link speaker.

'Policy makers can print as much money as they can for now, but consumers don’t want it,' he said. 'But we see inflation creeping up at the edges in commodities, and if we do get growth then it will become a bad concern. Saying there are no inflation fears is dangerous.'…"