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EDITORIAL. If the current price spike, like the Covid-19, strikes populations unequally, it mainly affects those in the countryside.
© Stéphanie Para/MAXPPP/“The Mountain”
By Pierre Antoine Delhommais
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Lhe Covid-19 virus and the inflation virus have many common features: they both ignore borders and spread very quickly all over the world. Moreover, they both have destructive economic recessionary effects and force states to over-leverage in an attempt to protect the purchasing power of their citizens.
Finally, they both strike in a very unequal way by primarily targeting the weakest and most fragile populations. This observation applies first of all on a global scale, with a surge in inflation with much more terrible consequences in poor countries than in rich countries. In the second, it only threatens the standard of living; in the former, it directly threatens lives. There are hundreds…
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