Right now, our grocery bills are soaring, with some common vegetables more than doubling in price.
Part of the reason is that there’s a nation-wide shortage of leafy greens, but there’s also a bigger force at play: inflation.
Inflation is now at a higher level than anytime since 1990 and the cure for inflation could involve more economic pain for many of us.
Today, journalist and Policy Fellow at the University of Sydney Sydney’s Policy Lab, Claire Connelly on why prices are rising and the risk that poses to the economy.
Guest: Journalist and Policy Fellow at the University of Sydney Sydney’s Policy Lab, Claire Connelly.
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