Yes, inflation is global; mostly. That’s because all of the western governments and their central banks followed the exact same pandemic lockdown & spending instructions from the World Economic Forum.
The plan – as outlined publicly – was for government leaders to lockdown the economic activity (supply side), then spend to subsidize and fill the losses in economic activity (demand side), then reopen the economies using the Build Back Better agenda as a reset moving the underlying energy economy away from fossil fuels.
This was the collective plan, and they all followed the exact same playbook. This is the origin of inflation. The Build Back Better plan disrupted the supply side, then triggered a reopening of the demand side while the supply remained scarce. Simultaneous to the reopening, all former energy development processes were no longer supported by investment or policy. Read more…
