

Inflation Worries the “Spirit World”
Deep in China’s “spirit world,” an inflation crisis is brewing that would give central bankers chills. For hundreds of years, Chinese have burned stacks of so-called “ghost money” for their ancestors to help ensure their comfort in the afterlife. The fake bills resemble a gaudier version of Monopoly money, emblazoned with the beatific-looking image of the Emperor of the Underworld.







