The world economy keeps crashing with many incidence of inflation. What is happening at the moment is a clear indication of a world that has failed the minority. Although the underdeveloped countries could partly be blamed for the high inflation that exists in their respective economies. Would things turn around for good if underdeveloped countries start to add value to their natural resources themselves without selling to the countries with good economy?
As long as the world economic structures evolves around fiat money, which is basically created through debt, there's not a big chance to eradicate inflation. And then, you have the fact that you can't have everyone at the top at the same time. The world, and its economy as a consequence, it's not homogeneous, nor do we want it to be. The rise of some will always mean the fall of others, this happens as natural, even without a clear or direct intention behind. Blockchain and crypto can help on making things more balanced and instill new benefits accessible for every, which can have a general improvement. But there's simply no way to make all downsides disappear.