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Economist and author James Rickards says inflation in the world’s economy is “coming from the supply side”.
“It can have several causes … it’s what we’ve seen since late 2021 … shortages of employments, truck drivers, port capacity and most of all energy prices,” Mr Rickards told Englishheadline Australia.
“Partly because the US has to a greater extent shut down a lot of expansion of its energy industry and of course the war in Ukraine, so those were supply drivers.”
