@phil_stevens
A Max Rashbrooke editorial, from last weekend, made the following observation, that I feel could apply world-wide, and apply to so many political choices of the last 2-3 years 😔
If only more had understood this before casting the electoral votes…
… Pandemic-era spending was never a major contributor to inflation. A 2023 report showed CORPORATE PROFITS were responsible for more than half the post-pandemic spike. This chimes with global research, blaming factors largely outside governments’ control, in particular corporate profit margins, but also supply chains and oil price increases.
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