We are often told that inflation “happens”, as if it is an unstoppable natural phenomenon. However, a new FEPS study shows that the inflation we experienced in 2021-2023 was largely caused by profiteering and speculation.

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In this FEPS Talks episode, Ainara Bascuñana, FEPS Head of Communication discuss with the authors of 'The profit-price spiral in food and energy' Ben Tippet, Lecturer at King’s College London and Anna Kolesnichenko, FEPS Economic Policy Analyst.

The discussion exposes the monopolistic structures within the food and energy sectors, where a handful of companies control global supply chains and manipulate prices. There is nothing unavoidable about this kind inflation, and it can and should be stopped.