Why does inflation in one country or continent affect the others. Why does it seem like the whole world is experiencing a global economic downturn all at once despite having different economies, different policies, different politics? Here's what I mean from these news headline

- Major fears are sweeping into Israel’s economy

- Stubborn inflation will remain at a very high level, German central bank president says


- Saudi Arabia drops $5 billion in Turkey’s central bank to help its struggling economy

- U.S. inflation is likely ‘far stickier’ and could last a decade, Bill Smead says


- Inflation resurges to 21.82 % over rising food prices

- Sky-high prices burn Indians’ pockets, drag savings to 30-year low amid K-shaped recovery