We should fear a sticky inflation mess

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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

In January 1919, a 12,000 ton tank of molasses burst in Boston’s hilly North End, sending a slow-moving wave of the sticky syrup right into the heart of the neighbourhood. 

The Great Molasses Flood claimed the lives of 21 Bostonians, trapping them in a viscous river of the refined sugar cane. Its legacy lives on in…