Inflation sparks global wave of protests for higher pay, aid

Rising food costs. Soaring fuel bills. Wages that are not keeping pace. Inflation is plundering people’s wallets, sparking a wave of protests and workers’ strikes around the world.

This week alone saw protests by the political opposition in Pakistan, nurses in Zimbabwe, unionized workers in Belgium, railway workers in Britain, Indigenous people in Ecuador, hundreds of U.S. pilots and some European airline workers. Sri Lanka’s prime minister declared an economic collapse Wednesday after weeks of political turmoil.

Economists say Russia’s war in Ukraine amplified inflation by further pushing up the cost of energy and prices of fertilizer, grains and cooking oils as farmers struggle to grow and export crops in one of the world’s key agricultural regions.

As prices rise, inflation threatens to exacerbate inequalities and widen the gap between billions of people struggling to cover their costs and those who are able to keep spending.

“We are not all in this together,” said Matt Grainger, head of inequality policy at antipoverty organization Oxfam. “How many of the richest even know what a loaf of bread costs? They don’t really, they just absorb the prices.”

Oxfam is calling on the Group of 7 leading industrialized nations, which are holding their annual summit this weekend in Germany, to provide debt relief to developing economies and to tax corporations on excess profits.

COMMUNIST RULES FOR REVOLUTION

“A. Corrupt the young, get them away from religion. Get their, interested in sex. Make them superficial, destroy their ruggedness,

“B. Get control of all means of publicity and thereby:

“1. Get people’s minds off their government by focusing their attention on athletics, sexy books, and plays and other trivialities.

“2. Divide the people into hostile groups by constantly harping on controversial matters of no importance.

“3. Destroy the people’s faith in their natural leaders by holding the latter up to contempt, ridicule and obloquy.

“4. Always preach true democracy but seize power as fast and as ruthlessly as possible

“5. By encouraging government extravagance, destroy its credit, produce fear of inflation with rising prices, and general discontent.

“6. Foment unnecessary strikes in vital industries, encourage civil disorders and foster a lenient and soft attitude on the part of the government toward such disorders.

“7. By specious argument cause the breakdown of the old moral virtues: honesty, sobriety, continence, faith in the pledged word, ruggedness.

“C. Cause the registration of all firearms on some pretext, with a view to confiscating them and leaving the population helpless.”

>>>Oxfam is calling on the Group of 7 leading industrialized nations, which are holding their annual summit this weekend in Germany, to provide debt relief to developing economies and to tax corporations on excess profits.

What the heck is an excess profit? Would love to see transparency of financials on so-called charities & what goes to the poor vs management/admin.That would include the money pit called the UN.

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