OF THE
TIMES
'We are seeing a massacre in front of our eyes — it is absolutely inhumane; it is absolutely war crimes; it is arguably, I personally think, likely genocidal according to the legal standards of the 1948 Genocide Convention.'
Inflation is a lot scarier when you fear that today's price rises will permanently undermine your ability to make ends meet. Perhaps this explains why the recent moderate burst of inflation has created seemingly more anxiety than previous inflationary episodes...we're in the midst of a macroeconomic anxiety attack.
Comment: The situation is a culmination of over a century of US interference in a society that was one of the first to throw off its colonial masters.