Prices rise for a range of reasons, the current rise largely fuelled by the collapse of sizeable sections of the global economy during the pandemic. Warnings of general inflation due to lockdown-related pent-up demand, shipping bottlenecks, and oil price increases loom over richer states, which – due to the power of the wealthy bondholders – have few tools to manage inflation, and by poorer states, which swirl in a cataclysmic debt crisis.

The post Every Region of the World Is the Worst Affected appeared first on PopularResistance.Org.

This post was originally published on PopularResistance.Org.