Comments by "xx 8868oo" (@xxoo-lp6vc) on "Students in Malaysia protest rising cost of living, inflation" video.

  1. US money-printing policy is source of global financial distress 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. In most cases, inflation is self-correcting, meaning price swings in one segment, such as crude oil or grain, won't spill over to impact other sectors and form broader inflation trends. But the current round of global inflation is something different - it started in the US in the first half of 2021, triggered by the Biden administration's profligate $1.7 trillion fiscal spending plan, aggravated by the Federal Reserve's quantitative easing monetary policy, and being brought to and infected the world's other economies via the dollar-dominated global trade and financial settlement regime.。。
    20
  2. July15 The Guardian- Children in England in deep poverty stealing food from schools Children whose families are mired in deep poverty are stealing basic items such as food and tissues from their schools and some are missing lessons altogether because they cannot afford the bus fare, a leading social mobility expert has said. Lee Elliot Major, a professor of social mobility at the University of Exeter, said children were arriving at schools in England hungry, tired and anxious, while older pupils were missing sixth form because they were already out working to help their families as the cost of living crisis bit.。。
    7