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Illustration by Giovana Fleck. Inflation has been a disruptor all across the world since the pandemic. Yet, recent aggressive interest rate hikes have not solved the persistent inflation that economies have been experiencing. Indeed, the actual causes of inflation, supply chain disruptions and spikes in commodity prices have currently lessened, and while speculation trading, which has exacerbated issues like global food insecurity, has waned, the global majority countries are facing the effects of the Western-led response, suffocating them with a debt crisis. Because of the COVID-19 pandemic, …

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