The Inflation Genie – Jumping Back In The Bottle?

December 16, 2022

Inflation, when out of hand, wrecks an economy! Just ask those living in emerging economies who are much more accustomed to living with soaring prices and limited prospects of meeting higher costs. On the other hand, the majority of society in Western Europe and North America, living beyond their means using borrowed money, have not experienced an inflationary cycle for at least four decades, if ever! The recent rise in inflation becoming a cost-of-living crises, confirms it caught everyone by surprise, unravelling everything consumers, governments and central banks thought they knew and had planned for.

Readers might ask what causes periods of high inflation? Looking back over time, inflation is typically triggered by geopolitical conflict or major supply disruptions…

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