The rise in global inflation – the hit to living standards across the world
by Dominic Rushe in New York, Kate Connolly in Berlin from Economics | The Guardian on (#5W0B5)
Analysis: From Pakistan to the US, Australia to Germany, the cost of living is rising to new highs and causing new hardships
After decades lurking in the shadows, inflation is back. On Amazon, you can find fridge magnets printed with words spoken 40 years ago by Ronald Reagan, before the election that swept him into the White House.
Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man."
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