Tolerance.ca
Director / Editor: Victor Teboul, Ph.D.
Looking inside ourselves and out at the world
Independent and neutral with regard to all political and religious orientations, Tolerance.ca® aims to promote awareness of the major democratic principles on which tolerance is based.

How soaring inflation can be particularly harmful for young people

By Shampa Roy-Mukherjee, Associate Professor in Economics, University of East London
Ejike Udeogu, Assistant Professor of Economics, Coventry University
Michael Harrison, Lecturer in Finance and FinTech, University of East London
Share this article
Inflation rates have become almost impossible to ignore. In the UK, inflation has soared in recent months, now reaching 9% – the highest rate for 40 years. The Bank of England expects it to rise to 10% this year and for the economy to slow down.

Increasing prices have led to a severe cost of living crisis, as wage increases have not kept pace. To add to the…The Conversation


Read complete article

© The Conversation -


Follow us on ...
Facebook Twitter