2min chapter

The Story cover image

Will high interest rates cause a housing crash?

The Story

CHAPTER

The Effects of COVID on the Economy

There's not really been any political reason to stop this runaway train until now. But since COVID, inflation has come back in a big way. And there are lots of different reasons for that. A major one obviously is a huge rise in the cost of energy which actually predated the war in Ukraine. So we saw ahuge rise in a lot of inputs to the economy,. partly of the back of a lot more demand and consumption.

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