Progressive Economy Forum - How To End The Cost Of Living Crisis
Politics Theory Other
00:00
The Pandemic Hit Supplies Very Seriously
Price increases in fuel have a multipliative effect on es across almost all products. One of the big issues has also been the fragmentation of production as well. The rise of global value change tillle twisted, and how that adds to the kind of impact, that multiplicative impact, of fuel price rises. An example here is fertilizer. Many, many countries around the world are dependent upon world markets for access to fertilizers. And this earth leads to greater demand for transport, logistics and hence fuel. A final aspect, which i der hangon. I did like you want to go the next slide. So we look at pricing models. In the past, they were very much commodity storage
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