Reasons for Singapore’s Inflation Scare

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"One of them has the responsibility of steering the economy through treacherous waters and the other has the luxury of sitting in his office and sending articles to the New York Times" - Anthony Karydakis, an adjunct professor of economics at New York University's Leonard N Stern School of Business and former chief US economist at JPMorgan Asset Management. He was commenting on the debate going on between Fed chairman Ben Bernake and Nobel laureate Paul Krugman.