Inflation: Who’s to Blame? Greed, Printing or Pandemics?
Inflation has become the number one economic issue everyone is talking about. It affects the value of the money in our pockets and has sparked cost-of-living crises that in turn led to demands for wage increases. The price of everything has sky-rocketed- just ask a builder. Of course, inflation is a self-fulfilling spiral but what or who exactly is to blame? Is it Russia’s invasion of Ukraine or the usual cycles of economics? Could it be excessive expansionary monetary policy in the teeth of the panic, or greedy companies jacking up prices? Or is it all of the above? If you want to understand the forces shaping this great era of inflation, this is the gig for you.