<iframe src="//www.googletagmanager.com/ns.html?id=GTM-K3L4M3" height="0" width="0" style="display:none;visibility:hidden">

Flat White

Printing money: inflation comes for the West

4 March 2023

7:26 PM

4 March 2023

7:26 PM

Groceries aren’t rising in price and giant supermarket chains aren’t making record profits.

The value of money is collapsing.

That’s what inflation is. How fast the money collapses.

If you’re a worker and you didn’t receive a 50 per cent pay rise since the beginning of Covid, then you have gone backwards financially.

Already a subscriber? Log in

Get 10 issues
for $10

Subscribe to The Spectator Australia today for the next 10 magazine issues, plus full online access, for just $10.

  • Delivery of the weekly magazine
  • Unlimited access to spectator.com.au and app
  • Spectator podcasts and newsletters
  • Full access to spectator.co.uk
Or

Unlock this article

REGISTER


Comments

Don't miss out

Join the conversation with other Spectator Australia readers. Subscribe to leave a comment.

Already a subscriber? Log in

Close