WELCOME TO THE ERA OF ‘GREEDFLATION’
Corporations that dominate food and fuel markets have been using the war and pandemic as a smokescreen to bump up their prices much more than their costs. Oxfam’s Alex Maitland explains how increased corporate profits have driven at least half of inflation. Open an economics…
Debt as Slavery; Entire Nations Face a Cost-of-Living Crisis
By Max Lawson Not just people, entire nations are facing a cost-of-living crisis Spare a thought for the Finance Minister in his office in almost any of the world’s developing countries. He (it is still almost always a he) is struggling with an economy still…