Climate change effects likely to include long-term inflation
Climate change effects likely to include long-term inflation
www.marketplace.org Climate change effects likely to include long-term inflation - Marketplace
The fifth National Climate Assessment says warming will raise household spending in many categories, including health, food and home repair.
4 comments
Yes, let's blame climate change (a product of corporate greed) for the corporations' greed.
Both happen - a warmer world makes some things scarcer, causing their price to rise, and companies raise prices because they think they can make a larger profit
It's been proved so many times now that companies are raising prices for no reason that connecting climate change to inflation doesn't help either situation.
It's also called depression. (I think, don't quote me on that.)