It seems that Inflation still cannot be separated from the US news in the last few months.
Even though they are trying to fight inflation in various ways, it seems that the US central bank's actions to fight inflation will actually trigger a new debt crisis.
Debt payments by developing countries are already in a sizable phase as they have more than doubled since 2010 and will even increase further if the Fed is still trying to raise interest rates.
Is it really difficult now to avoid inflation?
Because it's like going forward will get in trouble, even backwards can't.
Source
https://www.theguardian.com/business/2022/jan/23/fears-grow-that-us-action-on-inflation-will-trigger-debt-crisisFortunately or unfortunately, this is already for everyone, but for the United States there is no longer a good way out of the inflation-related problem that has arisen. Yes, of course, they are trying and will try to reduce it, but as I wrote above, they will not succeed. Of course, they will try to show as much as possible, informationally, that inflation is not so big, but judging by the situation both in the USA and in the world, we can say that inflation is very high, on average, about 25%. The situation is aggravated by the fact that in the US in 2022 the election race begins, which means that the opponents of the current power in the US will crush their rivals with great force. But what will happen next and what to do in this situation? According to one economist, the solution to this problem is the collapse of the international dollar system into currency zones, and hence the complete collapse of US dominance in the world. If you take a different path, that is, to preserve the world dollar system, the United States will completely lose its economy, and therefore also influence in the world.