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The Guardian - UK

Politics

Economics made simple: 10 experts on where the cost of living crisis came from, and where it’s heading

Inflation Economics Steven Gregor Bank of England United Kingdom Ukraine Economy Interest Rates Observer

Illustration by Steven Gregor showing a woman think inside a circle showing the EU flag, a coin hovering over the slot of a piggy bank, being pulled upwards by a balloon in the shape of a pound sign, and pound notes going through a mangle and into a bin. — Illustration by Steven Gregor. Illustration: Steven Gregor/The Observer

1. Why does inflation happen and what can be done about it?

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