The BRIC countries ' soaring prices rise every day

Recently, the world's major economies have announced CPI, China's latest October CPI rose to 4.4%, consumers scratching, but the sea, the United States, the same period of data incredibly only 1.2%.　　Why does America print money, but China is inflation?　　NDRC price division related officials recently revealed that hot money speculation, excessive currency issues such as causes this year's price rise too fast.　　"Bric" higher than expected data show that the "BRICS" China, Brazil, Russia, India in October, the CPI rose significantly more than the preset inflation targets, in which India's food prices rose 52 consecutive weeks exceeding 10%, causing public panic. Russians are also complaining that prices are rising every day. Poll results from the all-Russian social media Research Center show that Russians are most concerned about inflation, with 56% of people worried about rising prices too quickly.　　In addition to the BRIC countries, South Korea's CPI also rose sharply by 4.1%, unexpectedly climbing to 20-month highs.　　The United Nations Economic and Social Commission for Asia and the Pacific recently issued a report that the United States in the fight against unemployment, the eurozone has also burst the Greek crisis, shaking the market, capital acceleration from the west into the east, hot money inflows are exacerbating Asian inflation and asset price rise risk. In contrast, the US, Japan, Germany and other developed countries have lower CPI in October.　　The U.S. Labor Department reported 17th that the CPI in October rose only 1.2% after seasonal adjustments. The most direct effect of excess liquidity is rising prices. However, the United States to junk money, the domestic people can hardly feel the change in prices. A supermarket store clerk at 74 Street, New York, said: "I felt during my 5 years at the supermarket, the price changes were not obvious, and some of the goods even fell a little bit over the years."　　"A Chinese student in New York also said that from her last year to the United States, until now there is no feeling of how much changes in prices, now near Christmas, shopping malls have begun to reduce sales."　　Japan's core CPI in October fell 0.6% from a year earlier, suggesting that Japan's economy is still not out of deflation, and that many fast-food restaurants are scrambling to cut prices, at a discount of 70 percent-80 percent, because people are not willing to spend.　　Trillions of dollars of hot money poured into the mainland according to domestic media reports, many of the investment Chambers betting on the appreciation of the renminbi chose to trade in Guangdong, Shenzhen, Hong Kong businessmen to invest in money.　　Since these Hong Kong and Taiwan businessmen operating in the mainland have some foreign exchange quotas, many of them are using this as a tool for foreign exchange trading, and after the investors have remitted the money into the accounts of some traders, traders will prepare a renminbi fund for them in the designated accounts in the mainland. Youhuan, director of the Guangdong Social Science Development Research Center, is the only scholar commissioned by the authorities to investigate the activities of underground banks, and he found that the trend of hot money flowing from Hong Kong to the mainland is accelerating. According to his study, as of October 2009, the estimated mainland hot money (since 2002) has 800 billion dollars, by the beginning of this year, this figure is likely to be far more than 1 trillion dollars. From late August this year to the current wave of new influx of hot money in the mainland 60% to 65% into the commodity market, about 30% into the market. According to the legal Evening news hot money to inflation with the same on the Earth, why is there the phenomenon of uneven heat and cold? Sun, an economist at HSBC, said a large number of money-printing in countries such as the US and Japan had led to increased inflows of hot cash into emerging markets, one of the reasons for the high rate of inflation in those countries. It is reported that as of this September, Japan has been increasing the money supply for 24 consecutive months.