31.   Accelerating inflation also lowers the price investors are willing to pay for stocks, because the returns are worth less over time.

32.   Accelerating inflation also narrows the scope for the Bundesbank to lower official interest rates, which would boost bond prices by increasing the relative value of their return.

33.   Accelerating inflation eats into the value of fixed-income securities.

34.   Accelerating inflation tends to drive interest rates higher and crimp corporate profit and share prices.

35.   Accelerating inflation could prompt the central bank to boost interest rates to combat rising prices by tempering demand for goods.

36.   Accelerating inflation erodes the value of fixed-income investments, such as bonds.

37.   Accepted economic theory says that at some point a falling unemployment level raises the danger of accelerating inflation.

38.   Accelerating inflation could prompt the central bank to increase interest rates to combat rising consumer prices.

39.   Accelerating inflation could push the central bank to raise interest rates to cap higher prices by drying up demand.

40.   Accelerating inflation erodes the value of fixed-income investments like bonds.