Why is inflation so high and will it stay that way? An economist explains

The current spike in inflation is described by Donovan as “historical”, but he says it won’t last at these levels for much longer.

It has been provoked by the extraordinary demand for goods in 2021 as countries emerged from lockdowns, shops opened and people were able to go out and buy stuff with money saved during weeks of economic inactivity.

https://www.weforum.org/agenda/2022/05/inflation-rising-economist-explains/?utm_source=linkedin&utm_medium=social_video&utm_term=1_1&utm_content=27198_5_books_inflation&utm_campaign=social_video_2022