Post
Topic
Board Economics
Re: Higher Inflation Is Here to Stay for Years
by
Sithara007
on 19/08/2021, 06:47:14 UTC
While i use to think about this since the Lock down from 2020 , yet not i am considering changing my mind because the reaction of the world specially my country seems like changing the course from Pandemic to now economic meaning we are recovering and making the best for the betterment of the situation.
maybe in the next next 2022 we will be having the best result after the whole world be vaccinated and ended this damn pandemic Corona Virus.

I am not sure whether 2022 will be virus free. 4 months remain in this year, and only 24% of the population is fully vaccinated. Herd immunity requires 70% to 85% of the total population to be fully vaccinated, and as you can see, we are a long way behind this target. And I don't think that the gap can be covered in the remaining 4 months of this year. And there are talks about a third booster shot, to take care of the delta variant. This will further slow down the vaccination program, especially in the third world.