US is source of financial distress: first financial crisis, now inflation
There are clearer signs now that persistently high inflation linger in large swaths of the world and may stretch to the end of this year or even longer, eroding the living standards of billions of middle and low-income families. People often fret and agonize over the surging prices of many commodities, groceries and services, but they seldom seek answers as to what causes the hefty price rises.
Source: globaltimes.cn