Everyone is talking about the world economy could possibly go into recession. Global inflation is being blamed for it. But what is causing this inflation? The biggest reason is higher corporate profits, as companies have used the cover of COVID disruptions to mark up prices way beyond the rise in costs.
How corporates caused inflation
Senior journalist Aunindyo Chakravarty examines the reasons for the global inflation and points out that the biggest factor is higher corporate profits, as companies have used the cover of COVID disruptions to mark up prices way beyond the rise in costs
