(S)inflation in the 21st Century

Inflation has taken hold again - could the latest variant be payback for the west's sins?

Inflation is the latest global pandemic. Everyone is suffering as we experience virulent price increases. The UK and US are projected to reach double digit inflation rates, which we have not seen for thirty years. Last time it was about high labour rates and the oil shocks. This time around we could call it ‘sin-flation’.