Tag: Inflation causes

The global economy is currently grappling with a dramatic surge in inflation, a phenomenon impacting the cost of living, economic stability, and financial policies worldwide. This significant rise in prices can be attributed to several interconnected factors. By dissecting these root causes, we can better understand the intricate dynamics at play and how they're reshaping economic landscapes. Unprecedented Monetary Expansion In response to the economic fallout of the COVID-19 pandemic, many governments and central banks enacted aggressive fiscal and monetary stimulus measures to support failing businesses and displaced workers. The U.S....