World News@lemmy.worldEnglish · 2 years ago

How higher interest rates are boosting inflation

www.abc.net.au

How higher interest rates are boosting inflation

www.abc.net.au

girlfreddy@lemmy.world to

World News@lemmy.worldEnglish · 2 years ago

Fossil fuel prices have collapsed. So why are we paying more for electricity?

www.abc.net.au

Inflation is creating inflation. Unlike previous episodes where higher prices sparked wage breakouts, a large portion of our inflation is being driven by interest rate hikes, writes Ian Verrender.

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FarceMultiplier
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2 years ago
I fully expect that some of them will say the cure for inflation is austerity next.
- sik0fewl@kbin.social
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  2 years ago
  What if we just got rid of money?

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