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
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Inflation resurges to 21.82 % over rising food pricesI think this is a factor that must be prioritized for initial treatment. Many people who complain about the increase in the price of staple foods here are not the reduced supply, but the government's policy in dealing with prices not to increase beyond reasonable limits. What is causing it is that the average person's income is no longer enough to handle it and other issues. Just a car if there is no oil which one can run??